Alphabet (GOOGL) Q3 FY2026 Earnings Overview: $9.1B Cash Shortfall and Advertising Miss Deepen 12.72% Selloff
Alphabet reported Q3 FY2026 revenue of $127.577 billion, up 24.7% but below LSEG's $128.2 billion estimate, while GOOGL fell 12.72% in the completed reaction session. The analysis weighs Cloud growth against slower Search advertising, potential margin pressure and heavy capital spending.