Google/Alphabet Revenues Up 22 Percent to $109.9 Billion

Google’s parent company earned a net income of $62.6 billion on revenues of $109.9 billion in the quarter ending March 31. Those figures represent gains of 45 percent and 22 percent, respectively, year-over-year (YOY).

“2026 is off to a terrific start,” Alphabet and Google CEO Sundar Pichai said. “Our AI investments and full stack approach are lighting up every part of the business.”

Google Services delivered $89.6 billion in revenues, with $12.4 billion coming from subscriptions, platforms, and devices, and $77.2 billion coming from advertising. So 81.5 percent of Google’s overall revenues came from ads. But Google also said that it now has over 350 million paid subscriptions, “with YouTube and Google One being the key drivers.”

Google Cloud saw strong growth with $20 billion in revenues in the quarter, up 63 percent YOY. And Other Bets contributed $411 million in revenues, with hedging bets losing $180 million.

“Search had a strong quarter with AI experiences driving usage, queries at an all time high, and 19 percent revenue growth,” Mr. Pichai said. “This was our strongest quarter ever for our consumer AI plans, driven by the Gemini App.”