GOOGL Q2 FY2026 earnings: EPS beat by 217.4%, revenue beat by 2.8%
Alphabet Inc. reported Q2 FY2026. EPS came in at $9.11 against a $2.87 consensus, beat by 217.4%. Revenue was $119.8B versus $116.5B expected, beat by 2.8%. Gross margin was 61.6%, down 80 bps from last quarter.
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The quarter in numbers
| Metric | Actual | Consensus | Surprise |
|---|---|---|---|
| EPS | $9.11 | $2.87 | beat by 217.4% |
| Revenue | $119.8B | $116.5B | beat by 2.8% |
| Line | This quarter | QoQ | YoY |
|---|---|---|---|
| Revenue | $119.8B | +9.0% | +24.2% |
| Gross profit | $73.9B | +7.6% | +28.7% |
| Operating income | $40.8B | +2.7% | +30.4% |
| Net income | $112.2B | +79.3% | +297.9% |
| Diluted EPS | $9.11 | +78.3% | +294.4% |
| Gross margin: 61.6%. |
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The trend
Revenue is up 24.2% from the same quarter last year. Gross margin sits at 61.6%, 80 bps off its 8-quarter high.
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How it stacks up
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