Alphabet: Q1 Revenue Sees 11th Consecutive Quarter of Double-Digit Growth, Google Cloud Backlog Doubles QoQ

Alphabet, Google's parent company, released its Q1 2026 earnings report. In the quarter, the company posted revenue of $109.896 billion, up 22% year on year, marking its 11th consecutive quarter of double-digit growth. Net profit stood at $62.578 billion, a year-on-year increase of 81%. Google Cloud revenue rose 63% year on year to $200 billion, with backlog orders nearly doubling quarter over quarter to over $460 billion. Google Services revenue grew 16% to $89.6 billion, mainly driven by a 19% rise in Google Search and other businesses, including a 19% increase in Google subscriptions, platforms and devices, and an 11% growth in YouTube ads.