GOOGL · 8-K · 20261028PR000080

Equity Capital Raise

Alphabet Inc. · 2026-10-28 · Importance 58 · Surprise 42 · No source text

During Q3 2026, Alphabet issued 12 million Class A shares for net proceeds of $4.3 billion and 24 million Class C shares for net proceeds of $8.1 billion under its at-the-market program. At September 30, 2026, $27.6 billion remained available for future issuance under the program. Year-to-date proceeds from common-stock issuance, net of costs, were $42.870 billion.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
cashpositiverealized+2.1%Alphabet Inc. issued mandatory convertible preferred stock during 2026, with year-to-date net proceeds of $19.063 billion through…
cashpositiverealized+1.3%Alphabet Inc. issued 12 million Class A shares for net proceeds of $4.3 billion and 24 million Class C shares for net proceeds of $8.1…