Filing Flows › Alphabet (GOOGL) › Q3 2026 › vs Q3 2025
Alphabet (GOOGL) Q3 2026 vs Q3 2025 (year over year)
Alphabet's revenue rose $25.2B (+25%) from $102.3B in Q3 2025 to $127.6B in Q3 2026. The biggest changes: Google Cloud +$15.6B (+103%); Google Services +$9.2B (+11%); Other Bets +$28.0M (+8%). Operating margin 31.8% against 30.5% (+1.3 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 31.8% | 30.5% | +1.3 pts |
| Net margin | 20.7% | 34.2% | -13.4 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Google Services | $96.3B | $87.1B | $9.2B | +11% |
| Google Cloud | $30.7B | $15.2B | $15.6B | +103% |
| Other Bets | $372M | $344M | $28.0M | +8% |
| Revenue | $127.6B | $102.3B | $25.2B | +25% |
| Operating profit | $40.6B | $31.2B | $9.3B | +30% |
| Costs & expenses | $87.0B | $71.1B | $15.9B | +22% |
| Pre-tax earnings | $32.4B | $44.0B | −$11.6B | -26% |
| Other expense, net | $8.2B | −$12.8B | $21.0B | — |
| Cost of revenue | $51.4B | $41.4B | $10.1B | +24% |
| Research & development | $20.6B | $15.2B | $5.5B | +36% |
| Sales & marketing | $8.8B | $7.2B | $1.6B | +22% |
| General & admin | $6.1B | $7.4B | −$1.3B | -17% |
| Net earnings | $26.5B | $35.0B | −$8.5B | -24% |
| Income tax | $5.9B | $9.0B | −$3.1B | -35% |
| Depreciation & amortization | $8.7B | $5.7B | $3.0B | +52% |
| Share-based compensation | $8.6B | $6.4B | $2.3B | +36% |
| Working capital & other | $1.6B | −$1.3B | $2.9B | — |
| Operating cash flow | $42.3B | $48.4B | −$6.1B | -13% |
| Capital expenditures | $51.4B | $24.0B | $27.4B | +114% |
| Negative free cash flow (OCF − capex) | $9.1B | −$24.5B | $33.5B | — |
Questions
How much did Alphabet's revenue grow year over year in Q3 2026?
Alphabet's revenue rose $25.2B (+25%) from $102.3B in Q3 2025 to $127.6B in Q3 2026.
What drove Alphabet's revenue change in Q3 2026?
Google Cloud +$15.6B (+103%); Google Services +$9.2B (+11%); Other Bets +$28.0M (+8%).