Alphabet (GOOGL) Q1 2026 (USD): EPS 2.82 (exp. 2.63), Revenue 113.8bln (exp. 106.88bln)

Alphabet's Q1 results demonstrate a strong performance, beating expectations on EPS and revenue significantly, with key growth in Google Cloud and AI initiatives driving these outcomes.

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eBay (EBAY) Q1 2026 (USD): adj. EPS 1.66 (exp. 1.58), Revenue 3.1bln (exp. 3.04bln)

Equinix (EQIX) Q1 2026 (USD): EPS 4.20 (exp. 4.32), Revenue 2.44bln (exp. 2.52bln); raises outlook

Alphabet (GOOGL) Q1 2026 (USD): EPS 2.82 (exp. 2.63), Revenue 113.8bln (exp. 106.88bln)

Amazon.com (AMZN) Q1 2026 (USD): EPS 2.78 (exp. 1.63), Revenue 181.5bln (exp. 177.22bln), guides Q2 revenue between 194-199bln (exp. 188.69bln) and operating income between 20-24bln (exp. 22.6bln)

Meta Platforms (META) Q1 2026 (USD): Diluted EPS 10.44 (exp. 6.66), Revenue 56.3bln (exp. 55.54bln)

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  • Raises dividend +5% to 0.22/shr
  • Google Services revenue +16% to USD 89.637bln (exp. 88.11bln)
  • Google Search & other +19% to USD 60.399bln (exp. 59.08bln)
  • YouTube ads +11% to USD 9.883bln (exp. 9.97bln)
  • Google subscriptions, platforms, and devices +19% to USD 12.384bln
  • Google Cloud accelerated 63% to USD 20.028bln (exp. 18.41bln)
  • Cloud operating income rose to USD 6.598bln from USD 2.177bln

COMMENTARY:

  • 2026 is off to a terrific start.
  • AI investments and full stack approach are lighting up every part of the business.
  • Search had a strong quarter with AI experiences driving usage, queries at an all time high, and 19% revenue growth.
  • Google Cloud revenues grew 63% with backlog nearly doubling quarter on quarter to over USD 460bln
  • Was the strongest quarter ever for our consumer AI, driven by the Gemini App; overall the number of paid subscriptions has now reached 350mln, with YouTube and Google One being the key drivers
  • Gemini Enterprise has great momentum with 40% Q/Q in paid monthly active users.
  • Waymo surpass 500,000 fully autonomous rides a week
Context

The raise in dividend and notable increases in Google Services and Search revenues signal solid demand and a positive outlook, suggesting continued investment potential and confidence in Alphabet's strategic direction. Overall, these results could bolster sentiment in tech stocks and position GOOGL favorably in the ongoing market landscape.

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