Alphabet reported Q3 2026 revenue of $127.6 billion, up 25% year-over-year, with CEO Sundar Pichai saying AI investments are driving the highest search query growth rate in five years, while Google Cloud revenue surged 103% to $30.7 billion.
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<p class="wp-block-paragraph">Google parent company Alphabet says that its AI investments are leading to a big growth in searches year-over-year, as noted <a href="https://s206.q4cdn.com/479360582/files/doc_financials/2026/q3/2026q3-alphabet-earnings-release.pdf">in its Q3 2026 earnings today</a>.</p>
<p class="wp-block-paragraph">"Our AI investments are driving overall Search query growth, including commercial queries," CEO Sundar Pichai says in a statement. "In fact, our year-over-year query growth rate is the highest it's been in the last five years."</p>
<p class="wp-block-paragraph">Alphabet's consolidated revenues for the quarter were $127.6 billion, up 25 percent year-over-year, with its "Google Search & other" revenues up 12 percent year-over-year. Google Cloud revenue was also up 103 percent year-over-year to $30.7 billion. Alphabet also …</p>
<p><a href="https://www.theverge.com/tech/1020811/alphabet-google-earnings-q3-2026">Read the full story at The Verge.</a></p>
# Google says its investments in AI are driving more searches
Source: [https://www.theverge.com/tech/1020811/alphabet-google-earnings-q3-2026](https://www.theverge.com/tech/1020811/alphabet-google-earnings-q3-2026)
Google’s year\-over\-year search query growth rate is ‘the highest it’s been in the last five years\.’
Google’s year\-over\-year search query growth rate is ‘the highest it’s been in the last five years\.’
by
Oct 28, 2026, 8:22 PM UTC


Image: Laura Normand / The Verge
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Jay Peters
is a senior reporter covering technology, gaming, and more\. He joined The Verge in 2019 after nearly two years at Techmeme\.
Google parent company Alphabet says that its AI investments are leading to a big growth in searches year\-over\-year, as noted[in its Q3 2026 earnings today](https://s206.q4cdn.com/479360582/files/doc_financials/2026/q3/2026q3-alphabet-earnings-release.pdf)\.
“Our AI investments are driving overall Search query growth, including commercial queries,” CEO Sundar Pichai says in a statement\. “In fact, our year\-over\-year query growth rate is the highest it’s been in the last five years\.”
Alphabet’s consolidated revenues for the quarter were $127\.6 billion, up 25 percent year\-over\-year, with its “Google Search & other” revenues up 12 percent year\-over\-year\. Google Cloud revenue was also up 103 percent year\-over\-year to $30\.7 billion\. Alphabet also says it passed 150 million YouTube Music and Premium subscribers globally, though that figure includes trials\.
The earnings follow a packed quarter for Google, including the announcement of its[Gemini 4 Argon](https://www.theverge.com/tech/1002980/google-gemini-4-argon)frontier model \(which it[released widely this month](https://www.theverge.com/ai-artificial-intelligence/1009862/google-releases-gemini-4-argon)\); crossing[1 billion monthly users in Gemini](https://www.theverge.com/ai-artificial-intelligence/978113/chatgpt-gemini-1-billion-users); the reveal of the[first five Googlebook laptops](https://www.theverge.com/gadgets/997659/googlebooks-breakdown-acer-asus-hp-lenovo-dell); a[price hike for the Google TV Streamer](https://www.theverge.com/tech/987032/google-tv-streamer-price-increase); renaming[NotebookLM to Gemini Notebook](https://www.theverge.com/tech/966112/google-gemini-notebook-notebooklm); the launch of the[Pixel 11 line](https://www.theverge.com/tech/981713/google-pixel-11-pro-review)of smartphones,[the new Pixel Watch](https://www.theverge.com/tech/981957/google-pixel-watch-5-review-wearables-smartwatch), and the[forthcoming Pixel Tag](https://www.theverge.com/tech/978713/google-pixel-tag-uwb-bluetooth-channel-finding-news); and a major shakeup of its top AI leadership that included former DeepMind leader Demis Hassabis[stepping into a chair role](https://www.theverge.com/tech/975677/google-deepmind-ai-demis-hassabis-shakeup)\.
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- Jay Peters
## The Verge Daily
A free daily digest of the news that matters most\.
Google's cloud revenue surged 82% to $24.8 billion, driven by enterprise AI adoption, justifying its massive AI spending. CEO Sundar Pichai highlighted strong momentum and long-term deals, with Gemini reaching 950 million monthly active users.
Google is expanding ads within its AI-powered Search experiences to international markets as core search ad growth slows to 12% YoY, with Alphabet reporting $127.6B in Q3 revenue and its stock falling 8% after results.
Google reported its first negative cash flow quarter ever due to massive AI infrastructure spending of $44.9 billion in Q2 2026, despite strong revenue of $119.8 billion.
Alphabet's record $85 billion stock sale, heavily oversubscribed and earmarked for AI infrastructure, signals strong public investor appetite for AI, boding well for upcoming AI IPOs like Anthropic and SpaceX.
Google's AI Overviews have grown from appearing in 15% of searches to 43% in one year, and AI Mode visits doubled, indicating a rapid shift toward AI-powered search as the default, which is impacting publisher referral traffic.