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AI English summary of an SEC filing — figures as filed

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The company said revenue for the quarter ended March 31, 2026 was $109.9 billion, up 22% from a year earlier. Google Services revenue rose $12.4 billion (16%), and Google Cloud revenue rose $7.8 billion (63%).

10-QQuarterly reportFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said revenue for the quarter ended March 31, 2026 was $109.9 billion, up 22% from a year earlier. Google Services revenue rose $12.4 billion (16%), and Google Cloud revenue rose $7.8 billion (63%).

  2. Alphabet said it completed its acquisition of Wiz for $29.5 billion on March 2026 and its acquisition of Intersect for $5.9 billion. It also said it entered into an agreement in March to contribute its GFiber stake to a newly formed entity, and that upon closing it expects to receive $1.5 billion in cash, a $2.0 billion note receivable, and a 49.99% equity interest.

  3. The company said OI&E was $37.7 billion for the 3 months ended March 31, 2026, of which net gains on equity securities were $36.9 billion, mainly from unrealized gains on non-marketable equity securities. It said operating cash flow for the same period was $45.8 billion.

  4. The company said capital expenditures for the 3 months ended March 31, 2026 were $35.7 billion, up from $17.2 billion a year earlier. It said it issued senior unsecured notes in Q1 2026 for net proceeds of $31.1 billion, to be used for general corporate purposes.

Key figures

Quarter ended March 31, 2026

Revenue
$109.9B
Operating income
$39.7B
Net income
$62.6B
EPS
$5.11
Operating cash flow
$45.8B

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Revenue for Q1 2026 $109.9 billion

The company said revenue for the quarter ended March 31, 2026 was $109.9 billion, up 22% from a year earlier. Google Services revenue rose $12.4 billion (16%), and Google Cloud revenue rose $7.8 billion (63%).

Source · Based on the MD&A text of the filing

Completion of Wiz and Intersect Acquisitions and GFiber Agreement

Alphabet said it completed its acquisition of Wiz for $29.5 billion on March 2026 and its acquisition of Intersect for $5.9 billion. It also said it entered into an agreement in March to contribute its GFiber stake to a newly formed entity, and that upon closing it expects to receive $1.5 billion in cash, a $2.0 billion note receivable, and a 49.99% equity interest.

Source · Based on the MD&A text of the filing

OI&E of $37.7 billion and Operating Cash Flow

The company said OI&E was $37.7 billion for the 3 months ended March 31, 2026, of which net gains on equity securities were $36.9 billion, mainly from unrealized gains on non-marketable equity securities. It said operating cash flow for the same period was $45.8 billion.

Source · Based on the MD&A text of the filing

Capital Expenditures and Senior Unsecured Note Issuance

The company said capital expenditures for the 3 months ended March 31, 2026 were $35.7 billion, up from $17.2 billion a year earlier. It said it issued senior unsecured notes in Q1 2026 for net proceeds of $31.1 billion, to be used for general corporate purposes.

Source · Based on the MD&A text of the filing

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

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.