Alphabet's revenue comes in above expectations

Alphabet reported first-quarter 2026 revenue of $109.9 billion, beating Wall Street expectations and extending a run of double-digit growth.

The company said revenue rose 22% year over year, while diluted earnings per share came in at $5.11. Reuters and the Associated Press both reported that the results topped estimates and lifted Alphabet shares in after-hours trading.

Google Cloud was a major driver of the quarter, with revenue rising 63% to about $20 billion. Reuters said the growth was supported by sustained demand for AI infrastructure, while Alphabet also pointed to broader strength across its business.

The results reinforce Alphabet’s position as one of the biggest beneficiaries of enterprise spending on AI and cloud services. Investors will now be looking at whether that momentum continues into the rest of 2026.