FINHUB Insights

Alphabet Q2 FY26: where the revenue came from and where it went

The whole income statement of Alphabet for this quarter, as one diagram: what earned the revenue, and what it went on.

Period
Apr 1 – Jun 30, 2026
Reported
Jul 23, 2026 10-Q accession 0001652044-26-000071

Revenue$119.80B +24% year over year
Gross profit$73.85B 62% margin
Operating profit$40.77B 34% margin
Net profit$112.19B 94% margin

Net profit is larger than what operations earned, because the statement adds $97.98B below it, under Other income, net.

Sankey diagram of Alphabet's income statement for Q2 FY26: revenue of $119.80 billion splits into segments and flows out into costs, taxes and net profit.

Figures in billions of dollars.

The numbers

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 30, 2026).
ItemValueShare of revenueYear over year
Revenue 119.80 100% +24%
Google search & other 63.27 53%
Google cloud 24.77 21% +82%
Google subscriptions 12.91 11% +15%
YouTube ads 11.06 9% +13%
Google network 7.30 6% −1%
Other bets 0.38 0% +2%
Other and unallocated 0.11 0%
Cost of revenue−45.9438%
Gross profit73.8562% margin+2pp
R&D−18.2215%+1pp
Sales & marketing−8.407%+0pp
G&A−6.466%+0pp
Operating profit40.7734% margin+2pp
Other income, net97.98
Tax−26.56
Net profit112.19 94% margin+64pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

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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