Alphabet Q2 2026: Revenue $119.8B, Google Cloud up 82%
Alphabet reported Q2 2026 revenue of $119.8 billion and an 82% jump in Google Cloud revenue to $24.8 billion, with the company highlighting strong AI adoption.
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Alphabet reported strong second-quarter results, with revenue and cloud sales rising sharply and the company pointing to AI adoption across its products.
Quarterly headline numbers
In an 8-K filing with the SEC, Alphabet said Q2 2026 revenue was $119.8 billion, a 24% increase from the prior year. The filing also said net income and earnings per share rose materially versus the year-ago period.
Google Cloud: fast growth
The SEC filing showed Google Cloud revenue grew 82% year over year to $24.8 billion. Alphabet said this acceleration was linked to AI-driven momentum and new AI features across its products.
AI adoption cited by the company
Alphabet told investors in the 8-K that Gemini Enterprise adoption is now near-universal among the Fortune 100 and that broad AI feature rollouts contributed to the quarter's results. These points were presented by the company in its filing as drivers of the revenue and profitability gains reported for the quarter.
Berkshire Hathaway increases its stake
Separately, reporting from AOL said Berkshire Hathaway deployed $10 billion into Alphabet through a private placement, building what AOL described as a roughly $38 billion stake. AOL noted that stake is now Berkshire's third-largest holding and raised questions about whether Alphabet could play a role for Berkshire similar to other large, longstanding positions.
Taken together, the SEC filing and coverage of Berkshire's investment emphasize two themes highlighted this quarter: accelerating cloud and AI revenue at Alphabet, and heightened attention from large institutional investors. The company-level details above are drawn from Alphabet's 8-K filing and the AOL report cited.
Sources
This article was written from the reporting below. Every claim should be checkable against one of these. Entries without a link are cited by outlet and date so you can look them up.