The company said revenue for Q1 2026 increased 22% year over year (19% in constant currency) to $109,896 million, and operating income was $39,696 million, with an operating margin of 36%.

1. 01

   The company said revenue for Q1 2026 increased 22% year over year (19% in constant currency) to $109,896 million, and operating income was $39,696 million, with an operating margin of 36%.

2. 02

   Alphabet said Google Cloud revenue rose 63% to $20,028 million from $12,260 million a year earlier, and Google Cloud operating income went from $2,177 million to $6,598 million.

3. 03

   Alphabet said other income (expense), net was $37,716 million for Q1, mainly due to net unrealized gains on non-marketable equity securities. Net income was $62,578 million, and diluted net income per share was $5.11.

4. 04

   The company said net cash provided by operating activities was $45,790 million for Q1, and purchases of property and equipment were $35,674 million, leaving non-GAAP free cash flow of $10,116 million.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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