YouTube ads earned Google more than $11 billion from April to June 2026 — up 13 percent from the same period last year — and that wasn’t even Alphabet‘s biggest second-quarter highlight.
Alphabet revenues in total grew 24 percent year-to-year to $120 billion. All told, Google’s advertising revenue (Google Search, YouTube, and Google Network) rose to $81.6 billion. The lion’s share of that is good, old-fashioned Google Search, which alone accounted for $63.3 billion. Another $12.9 billion from subscriptions and nearly $25 billion from the cloud helped push Alphabet’s Q2 profit beyond $112 billion, which dilutes down to $9.11 per share. That absolutely crushed Wall Street’s expectations.
Since it is 2026, Google/Alphabet CEO Sundar Pichai mostly just wants to talk about Google AI.
“Our AI investments are redefining what’s possible across every part of our business. Q2 was an amazing quarter, with Alphabet revenues growing 24% year-over-year and Google Cloud revenues accelerating to 82% growth, driven by demand for AI infrastructure and AI solutions,” he said in a statement accompanying the financials. “It’s great to see wide adoption of Gemini Enterprise, with nearly 90% of the Fortune 100 using it.”
