Alphabet Inc. (GOOGL) stock — is it a good business?

Alphabet Inc. (GOOGL) stock — is it a good business? — InspectStocks

Just reported

Q3 2026 results

From Alphabet's results release of October 28, 2026; its quarterly report has since been filed.

Revenue
Actual
$127.58B
+25% y/y
+6.5% q/q
Guided
—
No guide given
EPS, GAAP
Actual
$2.12
-26% y/y
-77% q/q
Guided
—
No guide given
Operating income, GAAP
Actual
$40.58B
+30% y/y
-0.5% q/q
Guided
—
No guide given

Set against the company's own guidance and the same quarter a year earlier, not analysts' estimates, which we do not hold. Adjusted figures are the company's own non-GAAP measures, as stated in the release.

The full earnings report →

How it makes money

Google Search and other advertising53%
YouTube advertising9%
Google Network advertising6%
Subscriptions, apps, in-app purchases, and devices11%
Google Cloud21%

Shares of revenue are estimates for three months ended June 30, 2026, not figures from a filing.

Competes with

ByteDance
OpenAI

What it sells6

Google Search
A service for finding information on the web, including answers and summaries generated with artificial intelligence.
YouTube
A service for watching and sharing videos, including short videos, shows, and live or recorded content.
Google Cloud
Computing services businesses can use to run software, store and analyze data, develop artificial intelligence, and protect systems.

Show 3 more

Google Workspace
Workplace software for email, documents, spreadsheets, calendars, file storage, and video meetings.
Gemini
Google’s artificial intelligence models and related tools, used in Google products and made available to developers and business customers.
Pixel devices
Google-branded consumer devices, including phones and watches.

Who buys it4

Advertisers and their agencies buy campaigns to reach people on Google Search, YouTube, and partner websites and apps.
Businesses and government organizations pay for Google Cloud computing, security, data services, and workplace software, either by use or subscription.
People pay for YouTube and Google One subscriptions, buy apps and in-app items through Google Play, and purchase Pixel devices.
App developers sell apps and in-app items through Google Play, which collects fees on platform sales.

What it stands on, and what could break it

What the business leans on

1A large share of revenue comes from advertising, so the business depends on advertisers continuing to spend and on ads remaining useful and visible to users.
2Google relies on browser providers, mobile carriers, device makers, and software developers to distribute its search access points and other services; it pays some of these partners.
3Its services depend on data centers, servers, network equipment, electricity, and other technical infrastructure, including equipment from suppliers.
4YouTube depends on creators and licensed content providers for videos and other content; payments to some content providers vary with viewing, subscriptions, or agreed fees.
5Google’s services depend on people and businesses having continued access to the internet.

What could go wrong

1Reduced advertiser spending, changes in online advertising, or technology that blocks ads or limits ad personalization could reduce advertising revenue.
2Intense competition and rapid changes in search, artificial intelligence, cloud computing, devices, and video could make Google’s products less useful to users or customers.
3Changing laws and government enforcement around competition, privacy, artificial intelligence, and online content could require changes to products and business practices or result in fines and legal costs.

Full financial statements →

About Alphabet Inc.

Alphabet is a group of businesses, with Google as its largest. Google helps people find information and watch videos, sells advertising on its services and partner sites, and charges businesses for computing, data, security, and workplace software. It also sells subscriptions and devices, and invests in businesses such as Waymo, which provides paid driverless rides.

Head office: Mountain View, California
Founded: 2015 (year Alphabet was formed, high)
Employees: 198,933 (June 30, 2026, high)
Listed on: Nasdaq
Financial year ends: December 31

Built from Alphabet Inc.’s own filings with the U.S. Securities and Exchange Commission (SEC). Figures are as reported, with per-share history restated onto today’s share basis. This describes a business — it is not investment advice and not a recommendation to buy or sell anything.

Just reported

Q3 2026 results

From Alphabet's results release of October 28, 2026; its quarterly report has since been filed.

Revenue
Actual
$127.58B
+25% y/y
+6.5% q/q
Guided
—
No guide given
EPS, GAAP
Actual
$2.12
-26% y/y
-77% q/q
Guided
—
No guide given
Operating income, GAAP
Actual
$40.58B
+30% y/y
-0.5% q/q
Guided
—
No guide given

The full earnings report →

Keep exploring

The themes Alphabet is part of, the highest-graded companies in its industry, and the companies in its sector whose grade rose recently.

The themes it is part of

Highest-graded in Internet Content and Information

Graded A or B and worth $2B or more: A first, then the largest.

All 68 graded companies in its industry

Grade rose recently in Communication Services

Rose to A or B on a filing in the last 90 days, worth $2B or more: largest first.

All grade rises