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Here's What Key Metrics Tell Us About Alphabet (GOOGL) Q2 Earnings
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For the quarter ended June 2026, Alphabet (GOOGL - Free Report) reported revenue of $103.62 billion, up 26.8% over the same period last year. EPS came in at $9.11, compared to $2.31 in the year-ago quarter.
The reported revenue represents a surprise of +2.31% over the Zacks Consensus Estimate of $101.28 billion. With the consensus EPS estimate being $2.88, the EPS surprise was +216.32%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Alphabet performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Total TAC (traffic acquisition costs): $16.18 billion versus $16.22 billion estimated by nine analysts on average.
Headcount (Number of employees): 198,933 versus the three-analyst average estimate of 196,768.
Revenues- EMEA: $32.5 billion versus the two-analyst average estimate of $33.39 billion. The reported number represents a year-over-year change of +15%.
Revenues- United States: $60.85 billion versus the two-analyst average estimate of $56.66 billion. The reported number represents a year-over-year change of +32.1%.
Revenues- Other Americas (Canada and Latin America): $7.03 billion versus $6.93 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +22.5% change.
Revenues- APAC: $19.32 billion compared to the $20.54 billion average estimate based on two analysts. The reported number represents a change of +17.2% year over year.
Revenues- YouTube ads: $11.06 billion compared to the $10.76 billion average estimate based on eight analysts. The reported number represents a change of +12.9% year over year.
Revenues- Google Cloud: $24.77 billion versus the eight-analyst average estimate of $22.77 billion. The reported number represents a year-over-year change of +81.8%.
Revenues- Google advertising: $81.63 billion compared to the $81.62 billion average estimate based on eight analysts. The reported number represents a change of +14.4% year over year.
Revenues- Google Search & other: $63.27 billion compared to the $63.52 billion average estimate based on eight analysts. The reported number represents a change of +16.8% year over year.
Revenues- Google Network: $7.3 billion compared to the $7.08 billion average estimate based on eight analysts. The reported number represents a change of -0.7% year over year.
Revenues- Google subscriptions, platforms, and devices: $12.91 billion compared to the $12.85 billion average estimate based on seven analysts. The reported number represents a change of +15.3% year over year.
Shares of Alphabet have returned +0.3% over the past month versus the Zacks S&P 500 composite's +0.3% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.
View the Zacks #1 Rank List
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Here's What Key Metrics Tell Us About Alphabet (GOOGL) Q2 Earnings
For the quarter ended June 2026, Alphabet (GOOGL - Free Report) reported revenue of $103.62 billion, up 26.8% over the same period last year. EPS came in at $9.11, compared to $2.31 in the year-ago quarter.
The reported revenue represents a surprise of +2.31% over the Zacks Consensus Estimate of $101.28 billion. With the consensus EPS estimate being $2.88, the EPS surprise was +216.32%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Alphabet performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Alphabet here>>>
Shares of Alphabet have returned +0.3% over the past month versus the Zacks S&P 500 composite's +0.3% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.