Alphabet reports Q3 2026 revenue of $127.6 billion

Alphabet announced Q3 2026 revenue of $127.6 billion for the period between July and September. While YouTube ad revenue increased 9% to $11.2 billion, its growth rate slowed compared to previous quarters and lagged behind the overall company. Alphabet missed analyst earnings estimates, despite a significant sales boom in the Google Cloud division, where revenue doubled. The results highlight a contrast between the slower growth of YouTube and the rapid expansion of cloud services.