Alphabet’s TPU Licensing to Add $2.5B Revenue in 2026, 7% in 2027

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Google Cloud will see a 4% revenue increase in 2026 and 7% in 2027 from TPU licensing, equating to $2.5B and $7.5B in added revenue. The Wiz cybersecurity deal adds about 2% to growth in 2026, and Broadcom’s TPU partnerships support Google’s high-margin licensing model.

1. TPU Licensing Revenue Lift

Google Cloud’s TPU licensing is projected to boost revenue by 4% in 2026 and 7% in 2027, translating into $2.5 billion and $7.5 billion in incremental sales.

2. Operating Income Expansion

High-margin licensing fees, estimated at roughly 85% margins, are expected to drive a 6% increase in operating income in 2026 and 14% in 2027.

3. Wiz Cybersecurity Contribution

The Wiz deal is forecast to add approximately 2% to Cloud revenue growth in 2026, with a larger contribution anticipated as integration scales in 2027.

4. AI Chip Ecosystem Partnerships

Broadcom’s multiyear collaboration on seven TPU generations and TSMC’s foundry leadership underpin Google’s strategy to monetize its AI infrastructure through specialized hardware licensing.

Sources

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