Alphabet, Google’s parent company, closed the third quarter of 2026 with attributed net profit of 26.170 billion dollars (23.470 billion euros), which represents a drop of 25.2% compared with the same period of the previous year.
Between July and September, the total revenues of the technology giant amounted to 127.577 billion dollars (114.413 billion euros), 24.6% more than the turnover recorded in the third quarter of 2025.
By business areas, the advertising division increased its revenues by 10.6%, to 82.012 billion dollars (73.550 billion euros). In turn, the cloud business boosted its turnover by 103%, to 30.709 billion dollars (27.540 billion euros).
Despite the strong growth in sales, Alphabet chained for the second consecutive quarter a negative free cash flow, that is, the net cash generated by operations minus capital investments, which posted an unfavorable balance of 9.065 billion dollars (8.130 billion euros).
In the accumulated total of the first nine months of 2026, the multinational obtained a net profit of 200.855 billion dollars (180.130 billion euros), 106% more than in the same period of the previous fiscal year. In that same interval, total revenues increased by 23.6%, to 357.269 billion dollars (320.404 billion euros).
"We had a solid quarter and now we are reaching an annual revenue rate of half a trillion dollars," commented Sundar Pichai, CEO of Google and Alphabet, who highlighted the growth of Google Cloud’s business, driven by the enormous demand for the company’s AI infrastructure and solutions.
In the markets, Alphabet shares, which had ended the regular session with a rise of 1.60%, turned around and suffered declines close to 10% in after-hours trading after the third-quarter figures were announced.