GOOG · 8-K · 20261028PR000080

Equity Capital Raise and ATM Program

Alphabet Inc. · 2026-10-28 · Importance 68 · Surprise 42 · In 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. As of September 30, $27.6 billion remained available for future issuance under the program. Year-to-date proceeds from common stock issuance were $42.870 billion, and mandatory convertible preferred stock issuance generated $19.063 billion net of costs.

Key facts

• Alphabet Inc. had $27.6 billion remaining available for future issuance under its ATM Program as of September 30, 2026. source
• Alphabet Inc. issued 24 million Class C shares for net proceeds of $8.1 billion during Q3 2026. source
• Alphabet Inc. issued 12 million Class A shares for net proceeds of $4.3 billion during Q3 2026. source

Impact estimates