tech

February 4, 2026

Google parent beats on revenue, projects significant AI spending increase

Wall Street will be looking for more details Google's deal to revamp Apple's Siri virtual assistant with the search company's Gemini AI models.

Google parent beats on revenue, projects significant AI spending increase

TL;DR

  • Alphabet reported Q4 earnings per share of $2.82, exceeding the estimated $2.63.
  • Q4 revenue reached $113.83 billion, surpassing the estimated $111.43 billion.
  • The company anticipates capital expenditures between $175 billion and $185 billion in 2026, nearly double the 2025 spend.
  • This increased spending is largely attributed to artificial intelligence investments.
  • Google Cloud revenue grew by 47% year-over-year, exceeding expectations.
  • YouTube advertising revenue increased by almost 9% but did not meet analyst projections.
  • Other Bets segment revenue decreased by 7.5% year-over-year, with losses increasing over 200%.

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