Alphabet Inc. (GOOGL) Earnings Call Summary — Q1 FY26
Alphabet is Google's parent — Search, YouTube, Android, Gmail, the Google Cloud, and the Gemini AI models.
Alphabet Inc. (GOOGL) reported Q1 FY26 results on April 30, 2026. Earnings per share came in at $5.17 against a $2.64 consensus, so the company beat on the bottom line. Revenue of $109.90B landed above the $106.98B estimate. GOOGL has beaten consensus EPS in 8 of its last 8 reported quarters. Highlights from management's remarks on the call are below.
Key highlights from the call
Operator: “Thank you for standing by for the Alphabet Second Quarter 2026 Earnings Conference Call.”
CEO: “We saw 17% revenue growth in Search and Other and YouTube ads grew 13%.”
President & Chief Business Officer: “Google Services revenues were $95 billion for the quarter, up 15% year-on-year, primarily driven by Search.”
CFO: “I'll end with some commentary on our outlook for the third quarter and full year 2026.”
Analyst, Morgan Stanley: “And then Anat, you talked quite a bit about supply capacity constraints.”