GOOG · 10-Q · 2026Q2 · Full report

Cloud Services Growth and Backlog

Alphabet Inc. · 2026-07-23 · Importance 75 · Surprise 64 · No source text

Google Cloud revenue increased $11.1 billion year over year in the second quarter of 2026 and $18.9 billion in the first six months, primarily from Google Cloud Platform infrastructure and platform services. The portfolio includes enterprise AI infrastructure, Vertex AI, Gemini Enterprise, cybersecurity, data and analytics, Google Workspace with Gemini for Google Workspace, and TPU systems. In the second quarter, Google began recognizing revenue from a limited number of TPU-system supply agreements for specialized, high-scale on-premises workloads, with the significant majority of the revenue expected in 2027. Cloud revenue remains sensitive to customer usage, demand, and supply availability.

Key facts

• Google Cloud revenues increased $11.1 billion, or 82%, for the three months ended June 30, 2026 year over year. source
• Google Cloud revenues for the three months ended June 30, 2026 were $24,768 million ($24.768 billion). source
• In the second quarter of 2026 Alphabet began recognizing revenues from signed agreements to supply TPU systems, with the significant majority of revenue to be recognized in 2027. source
• Operating income for Google Cloud for the three months ended June 30, 2026 was $8,814 million ($8.814 billion). source
• In the second quarter of 2026 Alphabet began recognizing revenue from signed agreements to supply TPU systems, and product sales are a component of Google Cloud revenues. source

Impact estimates