Amit Kukreja: Alphabet reports $119.8 billion Q2 2026 revenue and $112.1 billion net income

Amit Kukreja: Alphabet reports $119.8 billion Q2 2026 revenue and $112.1 billion net income
Alphabet Q2 2026 revenue tops $119.8 billion

Amit Kukreja, stock market analyst, notes that Alphabet reported Q2 2026 earnings with revenue of $119.8 billion, up 24% year over year, and net income of $112.1 billion, representing a 298% increase.

Google Search revenue came in at $63.3 billion, while Google Cloud revenue was $24.8 billion with operating income for Cloud at $8.8 billion. Overall operating income reached $40.8 billion, a 30% rise year over year. Additionally, the Gemini app is reported to have 950 million monthly active users.

Kukreja has previously reported on broader market movements, such as a day when the S&P fell by about 1.5 percent and the South Korea KOSPI plunged 9.9 percent on tax concerns, as detailed here. He has also highlighted when Palantir CEO Alex Karp warned that AI firms may be stealing intellectual property, according to a recent article. Both developments have featured in his coverage of major tech and market trends.

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