Alphabet Q4 Posts $113.8B Revenue, Plans $175–185B in 2026 CapEx
Alphabet posted Q4 revenue of $113.8B and net income of $34.5B with EPS at $2.82, driven by 48% Google Cloud growth to $17.7B and YouTube revenue topping $60B. It forecasted 2026 capital spending of $175–185B, roughly doubling 2025’s $91B to boost AI compute and data center build-out.
1. Q4 Earnings Beat
Alphabet delivered Q4 revenue of $113.8B as net income rose 30% to $34.5B and EPS reached $2.82. Growth was led by Google Cloud’s 48% revenue increase to $17.7B and YouTube sales exceeding $60B annually.
2. 2026 CapEx Outlook
Management unveiled a 2026 capital expenditure plan of $175–185B, nearly double 2025’s $91B, to scale AI compute power and expand data center infrastructure. The aggressive outlay underscores a strategic push into large language model training, search AI enhancements and Gemini 3 deployment momentum.