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Alphabet to report Q3 2026 earnings amid AI spending concerns

1 article1 sourcesince Oct 28Last article 3h ago ·

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Alphabet reports third-quarter 2026 results after the bell Wednesday, with analysts expecting earnings of $3.02 per share on $128.2 billion in revenue, up 25% from a year earlier.

Analysts expect capital expenditure to rise 130% to $55.2 billion, according to FactSet and LSEG, and free cash flow to be negative $2.27 billion. Cloud revenue is projected to grow 90% to $28.7 billion.

CNBC reports that the stock has come under pressure as investors weigh AI spending.

Written by AI from the articles below · updated Oct 28, 1:21 PM ET

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Oct 28
  1. CNBC · TechnologyNews
    Alphabet set to report Q3 earnings as AI spending concerns weigh on shares

    AIAlphabet reports third-quarter results after the bell Wednesday, with analysts expecting earnings of $3.02 per share on $128.2 billion in revenue, up 25% from a year earlier. Analysts expect capital expenditure to rise 130% to $55.2 billion and free cash flow to be negative $2.27 billion, according to FactSet and LSEG. Cloud revenue is projected to grow 90% to $28.7 billion.

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