FINHUB Insights

GOOGL · Q1 FY26 · Jan 1 – Mar 31, 2026

Alphabet Q1 FY26: where the revenue came from and where it went

Alphabet Q1 FY26: revenue $109.9B (+22% year over year). Net profit $62.6B. Largest cohort Google Search & other $60.4B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 1 – Mar 31, 2026
Reported
Apr 30, 2026 10-Q
Sankey diagram of Alphabet's income statement for Q1 FY26: revenue of $109.9 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$109.9B +22% year over year
Gross profit$68.6B 62% margin
Operating profit$39.7B 36% margin
Net profit$62.6B 57% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
ItemValueShare of revenueYear over year
Revenue 109.9 100% +22%
Google Search & other 60.4 55% +19%
Google Cloud 20 18% +63%
Google subscriptions 12.4 11% +19%
YouTube ads 9.9 9% +11%
Google Network 7 6% −4%
Other Bets 0.4 0% −9%
Cost of revenue−41.338%
Gross profit68.662% margin+3pp
Research & development−1715%+0pp
Sales & marketing−7.67%+0pp
G&A−4.34%+0pp
Operating profit39.736% margin+2pp
Tax−14.8
Net profit62.657%+19pp

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

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