Alphabet reported consolidated revenues of $127.6 billion for the third quarter of 2026, marking a 25 percent increase compared to the previous year. Google Cloud revenue reached $30.7 billion, representing a 103 percent year-over-year jump.
Sundar Pichai stated, "Our AI investments are driving overall Search query growth, including commercial queries." The CEO added, "In fact, our year-over-year query growth rate is the highest it’s been in the last five years."
Revenues from Google Search and other services rose by 12 percent over the same period last year. The company surpassed 150 million global subscribers for YouTube Music and Premium.
Alphabet announced the Gemini 4 Argon frontier model, which will be released widely in October 2026. Gemini has already reached over 1 billion monthly users.
Demis Hassabis assumed a chair role as part of the company's leadership structure. New hardware and software updates include the launch of the Pixel 11 smartphone line, a new Pixel Watch, and a forthcoming Pixel Tag.
The firm also revealed the first five Googlebook laptops and renamed NotebookLM to Gemini Notebook. Alphabet increased the price for the Google TV Streamer.
