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How Alphabet (GOOGL) makes money
Alphabet (GOOGL) made $127.4B of revenue in the third quarter 2026 (Q3 2026), +24% from a year earlier. Google Services brought in $96.3B (76%); Google Cloud brought in $30.7B (24%); Other Bets brought in $372M (0%). Of every dollar of revenue, 32¢ was left as operating profit, 21¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Google Services | $96.3B | 75.6% | +2% | +11% |
| Google Cloud | $30.7B | 24.1% | +24% | +103% |
| Other Bets | $372M | 0.3% | -3% | +8% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $127.4B | 100.0% |
| Operating profit | $40.6B | 31.9% |
| Income tax | $5.9B | 4.6% |
| Net earnings | $26.5B | 20.8% |
| Operating cash flow | $42.3B | 33.2% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $127.6B | +25% |
| Q2 2026 | $119.8B | +24% |
| Q1 2026 | $109.9B | +22% |
| Q4 2025 | $113.8B | +18% |
| Q3 2025 | $102.3B | +16% |
| Q2 2025 | $96.4B | +14% |
| Q1 2025 | $90.2B | +12% |
From Alphabet's 10-Q filed Oct 29, 2026 (on EDGAR).
Questions
How does Alphabet make money?
Alphabet (GOOGL) made $127.4B of revenue in the third quarter 2026 (Q3 2026), +24% from a year earlier. Google Services brought in $96.3B (76%); Google Cloud brought in $30.7B (24%); Other Bets brought in $372M (0%). Of every dollar of revenue, 32¢ was left as operating profit, 21¢ was left as net earnings.
What is Alphabet's biggest business?
Google Services: $96.3B in the third quarter 2026, 76% of revenue, +11% from a year earlier.
What is Alphabet's profit margin?
Net earnings were $26.5B, 20.8% of revenue, in the third quarter 2026; the operating margin was 31.9%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.