Alphabet reports Q1 2026 revenue and profit beat on cloud and AI demand

Alphabet reported first-quarter 2026 results on Tuesday, posting a broad beat that highlighted continued strength in Google Cloud and demand tied to AI.

The company said revenue for the quarter was $109.9 billion, up 22% from a year earlier. Diluted earnings per share came in at $5.11.

Google Cloud was the standout business line. Alphabet said cloud revenue rose 63% year over year to $20.0 billion, according to its official release.

Reuters reported earlier in the day that Alphabet’s cloud unit had topped expectations on strong AI demand, and AP later reported that the company’s profit and revenue both beat Wall Street estimates.

The results give Alphabet another strong quarter as investors continue to focus on how much AI-related demand is flowing through search and cloud computing. Shares moved higher in extended trading after the release, according to Reuters and AP coverage.

Analysts will now be looking for further detail on how Alphabet plans to balance growth, capital spending and competition in the months ahead.