Big Tech results start next week. Will Alphabet beat on both revenue & earnings?
75% of users predicted YES โ community got this one right.
Alphabet reported second-quarter 2026 earnings on July 22, beating Wall Street estimates on both revenue and profit. Revenue reached $119.8 billion, up 24% year over year and above the $116.93 billion analysts had projected. Google Cloud revenue grew 82% to $24.8 billion as enterprise demand for AI infrastructure continued to accelerate, with cloud operating income rising to $8.8 billion from $2.8 billion a year earlier.
Google Services revenue rose 15% to $94.5 billion, with Search and other advertising revenue up 17% to $63.3 billion and YouTube ad revenue up 13% to $11.1 billion. Net income also topped analyst forecasts for the quarter.
Despite the across-the-board beat, Alphabet shares fell in after-hours trading after the company raised its 2026 capital expenditure guidance to as much as $205 billion, above prior estimates, as investors weighed the cost of continued AI infrastructure buildout against near-term margins.
The question resolved YES: Alphabet beat on both revenue and earnings. The Predict Six community correctly anticipated this outcome, with 75% wagering yes ahead of the report, reflecting confidence in Alphabet's cloud and AI-driven growth heading into earnings season.