Key takeaways
- Alphabet reports Q3 2026 results on Wednesday, October 28, with its call at 1:30 p.m. PT (4:30 p.m. ET), as it announced on October 6.
- In Q2 2026 Alphabet reported revenue of $119.8 billion, Google Cloud revenue of $24.8 billion (up 82%) and capital spending of $44.9 billion.
- Nasdaq's calendar shows a consensus EPS forecast of $2.94 from 14 analysts; Alphabet does not give EPS guidance.
Alphabet reports its third-quarter 2026 results on Wednesday, October 28, after the market closes. The company announced on October 6 that its Alphabet earnings call starts at 1:30 p.m. Pacific, which is 4:30 p.m. Eastern, with a live webcast on YouTube.
The release goes up on Alphabet's investor relations site, abc.xyz/investor, on the same day before the call. This article sets out the date and time, the second-quarter numbers the new results will be compared with, and the forecast the market is using.
When Alphabet reports Q3 2026 earnings
| Details | |
|---|---|
| Date | Wednesday, October 28, 2026 |
| Call time | 1:30 p.m. PT / 4:30 p.m. ET |
| Where to watch | Live webcast on YouTube, replay at the same link |
| Where to read the release | abc.xyz/investor, before the call |
| Quarter covered | July 1 to September 30, 2026 |
The Nasdaq earnings calendar also lists Alphabet as reporting after hours on October 28. Last year the company reported its third quarter on October 29, 2025, according to the same calendar.
The Q2 2026 results Alphabet reports against
Alphabet reported second-quarter results on July 22 for the quarter ended June 30. These are the company's own figures from that release, filed with the SEC as an 8-K.
| Q2 2026 | Result | Q2 2025 |
|---|---|---|
| Revenue | $119.8 billion, up 24% (23% in constant currency) | $96.4 billion |
| Google Cloud revenue | $24.8 billion, up 82% | $13.6 billion |
| Google Cloud operating income | $8.8 billion | $2.8 billion |
| Capital spending (purchases of property and equipment) | $44.9 billion | $22.4 billion |
| Operating income | $40.8 billion, up 30% | $31.3 billion |
| Diluted EPS | $9.11 | $2.31 |
Google Services revenue rose 15% to $94.5 billion, with Google Search and other up 17%. Alphabet said Google Cloud growth was led by enterprise AI solutions and AI infrastructure, as well as core Google Cloud Platform services.
Two details matter when reading the EPS line. The $9.11 includes a net gain of $98.0 billion in other income, which Alphabet attributes mainly to unrealized gains on its equity securities. And free cash flow was negative $5.9 billion in the quarter, because operating cash flow of $39.1 billion was smaller than capital spending of $44.9 billion.
Capital spending over the first six months of 2026 was $80.6 billion, against $39.6 billion in the same period of 2025, according to the same filing.
What the market expects for Q3
The Nasdaq earnings calendar shows a consensus EPS forecast of $2.94 for the quarter ending September 2026, based on 14 analyst estimates. Nasdaq's forecast page lists a range of $2.63 to $3.07. These are analysts' estimates collected by Nasdaq. Alphabet does not publish EPS guidance.
For comparison, Nasdaq lists $2.87 as the EPS figure from the year-earlier quarter. Because the Q2 2026 EPS was inflated by investment gains, the Q2 figure is a poor yardstick for the Q3 forecast.
What to watch in the release
The release will show the same lines as the July report: total revenue, Google Cloud revenue and operating income, and purchases of property and equipment. Those are the numbers that will show whether the Q2 pattern, with Cloud growth at 82% and capital spending roughly double the year before, continued into the third quarter.
Alphabet's release and the 8-K that carries it will be the source for the final figures. This page will not predict them.
Frequently asked questions
What time does Alphabet report earnings on October 28?
Alphabet's call starts at 1:30 p.m. Pacific, which is 4:30 p.m. Eastern. The release is posted at abc.xyz/investor before the call.
Where can I watch the Alphabet earnings call?
Alphabet says the call will be webcast live on YouTube, with a replay at the same link afterward. The link is in the company's October 6 announcement.
What is the EPS forecast for Alphabet Q3 2026?
The Nasdaq earnings calendar shows a consensus EPS forecast of $2.94 from 14 estimates. That is an analyst figure, not company guidance.
What did Alphabet report for Q2 2026?
Revenue was $119.8 billion, up 24%. Google Cloud revenue was $24.8 billion, up 82%, and purchases of property and equipment were $44.9 billion, according to Alphabet's July 22 release.
