Filing Flows › Alphabet (GOOGL) › Q3 2026 › vs Q2 2026
Alphabet (GOOGL) Q3 2026 vs Q2 2026 (quarter over quarter)
Alphabet's revenue rose $7.8B (+6%) from $119.8B in Q2 2026 to $127.6B in Q3 2026. The biggest changes: Google Cloud +$5.9B (+24%); Google Services +$1.8B (+2%); Other Bets −$10.0M (-3%). Operating margin 31.8% against 34.0% (-2.2 pts).
Alphabet, Q3 2026: revenue $127.6B (+25% year over year), operating margin 31.8%, net earnings $26.5B, operating cash flow $42.3B. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 31.8% | 34.0% | -2.2 pts |
| Net margin | 20.7% | 93.7% | -72.9 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Google Services | $96.3B | $94.5B | $1.8B | +2% |
| Google Cloud | $30.7B | $24.8B | $5.9B | +24% |
| Other Bets | $372M | $382M | −$10.0M | -3% |
| Revenue | $127.6B | $119.8B | $7.8B | +6% |
| Operating profit | $40.6B | $40.8B | −$194M | -0.5% |
| Costs & expenses | $87.0B | $79.0B | $8.0B | +10% |
| Pre-tax earnings | $32.4B | $138.8B | −$106.4B | -77% |
| Other expense, net | $8.2B | −$98.0B | $106.2B | — |
| Cost of revenue | $51.4B | $45.9B | $5.5B | +12% |
| Research & development | $20.6B | $18.2B | $2.4B | +13% |
| Sales & marketing | $8.8B | $8.4B | $401M | +5% |
| General & admin | $6.1B | $6.5B | −$323M | -5% |
| Net earnings | $26.5B | $112.2B | −$85.7B | -76% |
| Income tax | $5.9B | $26.6B | −$20.7B | -78% |
| Depreciation & amortization | $8.7B | $7.5B | $1.3B | +17% |
| Share-based compensation | $8.6B | $8.0B | $673M | +8% |
| Working capital & other | $1.6B | $88.6B | −$87.0B | -98% |
| Operating cash flow | $42.3B | $39.1B | $3.2B | +8% |
| Capital expenditures | $51.4B | $44.9B | $6.4B | +14% |
| Negative free cash flow (OCF − capex) | $9.1B | $5.9B | $3.2B | +55% |
Questions
How much did Alphabet's revenue grow quarter over quarter in Q3 2026?
Alphabet's revenue rose $7.8B (+6%) from $119.8B in Q2 2026 to $127.6B in Q3 2026.
What drove Alphabet's revenue change in Q3 2026?
Google Cloud +$5.9B (+24%); Google Services +$1.8B (+2%); Other Bets −$10.0M (-3%).