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Alphabet reports 24% revenue growth, 950M monthly Gemini users, and surging Google Cloud sales.

Company Fundamentals
22 Jul 2026
Forbes
View Source
Bullish
pluang ai news

Alphabet posted a 24% revenue increase to $119.8 billion in Q2 2026, beating Wall Street estimates. Earnings per share soared nearly 295% to $9.11, driven by an 82% surge in Google Cloud revenue to $24.8 billion, fueled by strong AI product demand. The company's AI platform Gemini now has 950 million monthly active users, up from 750 million in late 2025. Despite a slight share dip post-earnings, analysts highlight the massive Google Cloud growth and Alphabet's heavy AI investments as key drivers for future gains.

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