today, tech giant alphabet released its unaudited financial results for the first fiscal quarter of 2026 (ended march 31), with all key metrics posting robust growth. the report shows that the company’s total revenue for the quarter reached $109.896 billion, up 22% year over year; at constant currency, the increase was 19%, marking the 11th consecutive quarter of double-digit growth.
even more striking, net income attributable to shareholders surged to $62.578 billion, a year-over-year jump of 81%, while diluted earnings per share climbed to $5.11, up 82% from the prior year. operating cash flow for the period was $45.790 billion, and operating profit reached $39.696 billion, up 30% year over year, with the operating margin expanding to 36%.
by business segment, google services generated $89.637 billion in revenue, a 16% year-over-year increase, with google search and other businesses growing by 19% and youtube advertising revenue rising by 11%. the fastest-growing segment, however, was google cloud, which posted $20.028 billion in revenue—a whopping 63% increase year over year—driven primarily by surging demand for enterprise ai solutions and cloud infrastructure.
in addition, the company’s total paid subscription base has surpassed 350 million, fueled by youtube and google one, while gemini-related businesses continue to gain strong momentum. its self-driving subsidiary, waymo, has also achieved a major milestone, completing more than 500,000 fully autonomous rides in a single week. overall, alphabet’s deep investments in ai and the cloud are steadily translating into strong financial returns.
