tech

April 29, 2026

Alphabet ups 2026 capex to as much as $190 billion, expects to 'significantly increase' in 2027

Alphabet reported first-quarter earnings after the bell Wednesday.

Alphabet ups 2026 capex to as much as $190 billion, expects to 'significantly increase' in 2027

TL;DR

  • Alphabet reported first-quarter revenue of $109.9 billion, exceeding analyst expectations.
  • Google Cloud revenue grew 63% year-over-year, becoming the primary growth driver for cloud services.
  • The company increased its 2026 capital expenditure guidance to $180 billion-$190 billion and expects a significant increase in 2027.
  • Alphabet's net income rose 81% compared to the previous year, reaching $62.57 billion.
  • While YouTube advertising missed expectations, overall advertising revenue saw a 15.5% increase.
  • Waymo, part of Alphabet's Other Bets, surpassed 500,000 fully autonomous rides per week.

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