u/AlphaWinnersPicks

GOOGL Q2 2026 (Apr - Jun 2026) Quarterly Results:

Revenue = $119.8 billion (up 24% YoY)

Ads = $81.6 billion (up 14% YoY)
Cloud = $24.8 billion (up 82% YoY) [Includes the sale of TPUs for the first time]
Subscriptions = $12.9 billion (up 15% YoY)
Other Bets = $0.4 billion (up 2% YoY)

Operating Income = $40.8 billion (up 30% YoY)

Net Income = $112.1 billion (up 398% YoY) [Includes $98 billion other income (net gain from equity)]

Earnings Per Share = $9.11 (up 394% YoY)

Revenue Backlog = $519 billion (up 13% QoQ) [Includes $514 for Google Cloud]

Capital Expenditure = $44.9 billion (up 100% YoY)

TTM Free Cash Flow = $53.3 billion (down 20% YoY)

FCF guidance: "will remain under pressure by our investments in technical infrastructure"

Gemini models: 22 billion API tokens per minute (up 37% QoQ)

Gemini App: 950 million active users per month

Quarterly Dividend = $0.22 per share (unchanged QoQ)

GOOGL News Updates: Apr - Jun 2026:

Added to Dow Jones Industrial Average.

HSBC partnered with Google Cloud to expand AI usage.

Increased the size of its equity capital raise to $84.75 billion to expand AI infrastructure.

Position: Long GOOGL (since 2021). NFA.