GOOGL · News · 20260929N
Cloud Services Growth
Alphabet Inc. · 2026-09-29 · Importance 69 · Surprise 64 · In source text
Google Cloud revenue grew 82%, according to third-party reporting. Cloud margin expanded alongside the revenue increase. The growth was attributed to strong demand and new artificial-intelligence offerings.
Key facts
- Piper Sandler increased its 2027 Google Cloud revenue forecast to $204B. source
- Google Cloud's business saw 82% growth and margin expansion according to 24/7 Wall St. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | contingent | — | Piper Sandler increased its 2027 Google Cloud revenue forecast to $204B. |
| revenue | positive | realized | — | Google Cloud's business saw 82% growth and margin expansion according to 24/7 Wall St. |
| margin | positive | realized | — | Google Cloud's business saw 82% growth and margin expansion according to 24/7 Wall St. |