business / news / / WTOP
Alphabet earned $62.6 billion, or $5.11 per share, during the January-March period.
Alphabet's net income rose 81% year-over-year to $62.6 billion in Q1 2026.
KEY POINTS
- Google Cloud revenue surged 63% to $20 billion, driven by AI-related contracts including with the U.S. military.
- Alphabet's market value more than doubled in one year, reaching $4.2 trillion.
- Alphabet is allocating $175–$185 billion for 2026 capital expenditures, mostly for AI infrastructure.
COMPANIES
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