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Alphabet Q2 Revenue Beats at $119.8B; Google Cloud Surges to $24.77B

GateNews
Stocks
According to Alphabet, on July 22, 2026, the company reported Q2 revenue of $119.80 billion for the quarter ended June 30, surpassing consensus estimates of $117 billion. Revenue ex-TAC reached $103.62 billion versus the expected $101.07 billion. Google Cloud revenue delivered a standout $24.77 billion, significantly exceeding the $22.46 billion forecast. Google Services generated $94.54 billion, advertising revenue hit $81.63 billion, and operating income reached $40.77 billion. Capital expenditures came in at $44.92 billion, reflecting ongoing AI infrastructure investments.
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