Alphabet’s Q3 Growth Misses Forecasts as Youtube Ads Rise 9%
WHO:
Variety - Alphabet Inc. owns YouTube and Google; its shares are listed as NASDAQ: GOOG and GOOGL.
Deadline - Alphabet was the parent company of YouTube.
Alphabet - The company reported results for its third quarter.
WHAT:
The Register - Google Search revenue growth was 12% year over year in the third quarter of 2026, compared with 14.5% in the third quarter of 2025.
Bloomberg - Alphabet disclosed more than $1 trillion in purchase commitments, future leases, and other obligations.
Bloomberg - Alphabet’s Q3 filing reported $98.5 billion in contingent commitments, approximately $23 billion more than in Q2.
The Register - Google Search revenue rose 12% year over year to $63.25 billion.
The Register - Google attributed the slowdown in Search revenue growth to “lower monetization” in AI Mode.
The Register - Google spent $51 billion on infrastructure and still needed to rent computing capacity from other providers to run its cloud services.
Variety - YouTube advertising revenue rose 9% year over year to $11.2 billion, below estimates.
Variety - Google advertising revenue was $82.01 billion, up from $74.18 billion in the comparable quarter.
Deadline - Alphabet’s total revenue was $127.6 billion, a 25% increase over the year-earlier quarter.
Deadline - Alphabet shares fell 8% in after-hours trading after the company’s financial results came in below Wall Street expectations.
Alphabet - Google Cloud revenue increased 103% to $30.7 billion.
Alphabet - Google Services revenue increased 11% to $96.3 billion.
Deadline - Alphabet’s 25% revenue increase marked its 13th consecutive quarter of double-digit growth.
Variety - YouTube’s advertising growth was slower than in recent quarters and below Alphabet’s overall growth rate.
Variety - Alphabet missed earnings estimates; Google Cloud revenue doubled, according to the article.
WHERE:
Alphabet - Alphabet announced its financial results from Mountain View, California.
WHEN:
Alphabet - The results covered the quarter ended September 30, 2026.
Variety - The reported YouTube, Google advertising, and Alphabet revenue figures were for the third quarter of 2026.
WHY:
Bloomberg - Alphabet cited rapidly increasing demand for its cloud services and growth in its backlog of cloud contracts it had not yet fulfilled.
Deadline - Alphabet shares declined after its overall financial results undershot Wall Street expectations.
HOW:
Alphabet - Alphabet reported quarterly results that included revenue figures for Google Cloud, Google Services, and the company overall.
(UPDATED October 29, 2026 17:03 UTC)
Alphabet reported revenue of $127.6 billion, up 25%, but missed Wall Street expectations, sending its shares down 8% in after-hours trading. Google Cloud revenue more than doubled to $30.7 billion, while Search revenue rose 12% to $63.25 billion, with Google citing lower monetization in AI Mode; YouTube advertising revenue grew 9% to $11.2 billion, below estimates. Alphabet also disclosed more than $1 trillion in purchase commitments, leases and other obligations, including $98.5 billion in contingent commitments, as it cited strong cloud demand and spent $51 billion on infrastructure while still renting computing capacity.
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(UPDATED October 29, 2026 05:58 UTC)
Alphabet reported third-quarter revenue of $127.6 billion, up 25% from a year earlier, but missed Wall Street expectations, sending its shares down 8% in after-hours trading. Google Cloud revenue more than doubled to $30.7 billion, while Google Services revenue rose 11% to $96.3 billion; Google advertising revenue increased to $82.01 billion, and Search revenue climbed 12% to $63.25 billion. YouTube advertising revenue rose 9% to $11.2 billion, below estimates, and Google said lower monetization in AI Mode slowed Search growth, even as it spent $51 billion on infrastructure and continued renting computing capacity from other providers.
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(UPDATED October 28, 2026 22:02 UTC)
Alphabet reported $127.6 billion in third-quarter revenue, up 25% from a year earlier, but its results missed Wall Street expectations and shares fell 8% in after-hours trading. Google Cloud revenue more than doubled to $30.7 billion, while Google Services revenue rose 11% to $96.3 billion. YouTube advertising revenue increased 9% to $11.2 billion, below estimates and slower than its recent growth pace.