Alphabet Raises 2026 Capex Outlook to $195 Billion to $205 Billion After Cloud Revenue Jumps 82%

businesscompany-earningsaiai-infrastructureai-compute-chips 175 posts · 46 accounts

Alphabet raised its full-year 2026 capex outlook to $195 billion to $205 billion from $180 billion to $190 billion after reporting second-quarter revenue of $119.80 billion, above estimates of $117.02 billion. Google Cloud revenue rose 82% to $24.77 billion, while total revenue grew 24% in the quarter.

The company said the higher spending range reflects faster delivery of capacity to meet growing demand and that capex will increase significantly again in 2027. Cloud backlog climbed more than $50 billion from the prior quarter to $514 billion, and Alphabet said cloud growth accelerated even excluding first-time TPU system sales; it expects only a small portion of revenue from existing TPU system sales agreements to be recognized in 2026, with most coming in 2027, while expanded use of third-party capacity in Q3 is expected to create modest near-term margin pressure.

From the sources (25 posts)

@stocksavvyshay

$GOOGL Q2 EARNINGS • Revenue $119.8B vs Est. $116.9B • EPS $9.11 vs. Est. $2.89 • Operating Income $40.8B vs Est. $40.4B • Cloud Revenue $24.8B vs Est. $22.4B • CapEx $44.9B vs Est. $44.2B

@bearlyai

Google Cloud is now a $80B run rate business, accounting for ~20% of Alphabet’s total sales (up from 5% of sales in 2020)

@trungtphan

RT @bearlyai: Google Cloud is now a $80B run rate business, accounting for ~20% of Alphabet’s total sales (up from 5% of sales in 2020) htt…

@unusual_whales

BREAKING: Google, $GOOGL, earnings: - EPS: $9.1, est: $2.91 - Revenue: $119 billion, est: $116 billion

@wallstengine

ALPHABET $GOOGL Q2’26 EARNINGS HIGHLIGHTS 🔹 EPS ex disclosed equity-gain impact: ~$2.85 (Est. $2.90) 🔴 🔹 Revenue: $119.80B (Est. $117.02B) 🟢; +24% YoY 🔹 Revenue ex-TAC: $103.62B (Est. $101.07B) 🟢; +27% YoY 🔹 CapEx: $44.92B (Est. $44.1B) 🟡;

@zerohedge

*ALPHABET 2Q GAIN ON EQUITY SECURITIES $99.03B

@negligible_cap

*ALPHABET: GEMINI APP HAS 950M MAUS Woah

@sundarpichai

Q2 was an amazing quarter, with our AI investments redefining what’s possible across every part of our business. Alphabet revenue grew 24% YoY and Google Cloud accelerated to 82% growth. We saw exciting momentum across the board from Searc

@stockmktnewz

Google $GOOGL spent $44.9 Billion on CAPEX last quarter above expectations of $44.2B

@firstsquawk

ALPHABET Q2 2026: REVENUE $119.80B (EST $117.02B); REVENUE EX-TAC $103.62B (EST $101.07B); OPERATING INCOME $40.77B (EST $40.55B); GOOGLE SERVICES $94.54B (EST $94.32B); GOOGLE CLOUD $24.77B (EST $22.46B); GOOGLE ADVERTISING $81.63B (EST $8

@gurgavin

GOOGLE JUST REPORTED EARNINGS *2Q REV. $119.80B, EST. $117.02B ( BEAT ✅ ) *2Q GOOGLE AD REV. $81.63B, EST. $81.12B ( BEAT ✅ ) *2Q GOOGLE SERVICES REV. $94.54B, EST. $94.32B ( BEAT ✅ ) *2Q OPER INCOME $40.77B, EST. $40.55B ( BEAT ✅ ) $

@zerohedge

ALPHABET 2Q REV. EX-TAC $103.62B, EST. $101.07B ALPHABET 2Q GOOGLE CLOUD REV. $24.77B, EST. $22.46B ALPHABET 2Q GOOGLE AD REV. $81.63B, EST. $81.12B ALPHABET 2Q GOOGLE SEARCH & OTHER REV. $63.27B, EST. $63.28B ALPHABET 2Q CAPEX $44.

@stockmktnewz

GOOGLE $GOOGL JUST REPORTED EARNINGS EPS of $9.11 Revenue of $119.8B beating expectations of $113.6B

@financialjuice

🔴$GOOGL Alphabet Q2 Earnings Revenue $119.80B, est. $117.02B Revenue ex-TAC $103.62B, est. $101.07B Operating Income $40.77B, est. $40.55B Google Services Revenue $94.54B, est. $94.32B Google Cloud Revenue $24.77B, est. $22.46B Google Adve

@tradfi

*ALPHABET 2Q GOOGLE AD REV. $81.63B, EST. $81.12B *ALPHABET 2Q GOOGLE SERVICES REV. $94.54B, EST. $94.32B *ALPHABET 2Q OPER INCOME $40.77B, EST. $40.55B *ALPHABET 2Q REV. $119.80B, EST. $117.02B $GOOGL

@tradfi

*ALPHABET 2Q CAPEX $44.92B, EST. $44.15B $GOOGL

@wallstengine

Earnings preview thread: 🧵(1/5) Alphabet $GOOGL ER Preview: Q2’26 estimates: Revenue: $116.9B; +21% YoY EPS: $2.90; +26% YoY Search: $63.4B; +17% YoY Google Cloud: $22.5B; +65% YoY Capex: ~$45.1B; +101% YoY Implied move: ~5%–6

@cnbc

Google earnings live updates: Alphabet's AI outlook, cloud growth in focus

@alphasenseinc

$GOOG raised 2026 CapEx guidance to $180-190B, up from $91.4B in 2025 and roughly 6x its 2022 spend. To fund it, the company announced an $85B equity raise on top of $85B+ in debt raised over the last year. The demand signals justifying th

@thetranscript_

Alphabet after hours: $GOOG $GOOGL

@amitisinvesting

$GOOGL Google is in a weird position today. Let’s say they raise CapEx from $190B, the expected amount right now, to $200-$220B. It would be super bullish for all the Semis, but would the market think that’s bearish for hyperscalers?

@beth_kindig

As $GOOG Cloud accelerated for the fourth consecutive quarter in Q1, backlog soared 400% YoY to $462 billion and revenue from products built on GenAI models rose 800% YoY.

@zerohedge

GOOGL Preview: Sky High Capex Expectations "Point To Downside Risk"; Tesla Also On Deck

@zerohedge

UBS: GOOGL buyside bars for capex are very elevated ($325-375bn vs street $250bn) JPM: Post equity raise, investor expectations jumped to $325-350B range (majority), vs. Street ~$250B.

@alphasenseinc

$GOOGL Earnings: - Consolidated Alphabet revenues increased 24%, or 23% in constant currency, to $119.8 billion, reflecting strong performance across the business and our 12th consecutive quarter of double-digit revenue growth. - Google Se

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