---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/40304946.md"
description: "Google's Q1 2026 earnings report is absolutely explosive:- Revenue of $109.9 billion, a massive 22% year-over-year increase, far exceeding expectations!- Cloud business surpasses the $20 billion mark for the first time, up +63% YoY, well above expectations.- Backlog doubled QoQ to $460 billion.- AI infrastructure + enterprise solutions dual engines soaring.- Search & other revenue +19%, query volume hits an all-time high, all thanks to AI experience enhancements.- Gemini App consumer paid subscriptions surged to 350 million, the strongest quarter ever.- Gemini Enterprise paid monthly active users +40% QoQ, API processing over 16 billion tokens per minute (+60%).- Operating profit +30% to $39.7 billion, with a margin of 36.1%.The concern is that future CapEx ($180-190 billion in 2026, with significant further increases in 2027) will remain high, but CEO Pichai also pointed out that the company's full-stack AI is now powering all businesses, with core operations already taking off.Google will become the king of the AI era: This also marks AI officially moving from "hype" into the "agentic era" of large-scale implementation. As a full-stack player (models + compute + distribution), Google is likely to lead the entire tech cycle, driving the supply chain and partner ecosystem."
datetime: "2026-04-30T00:10:15.000Z"
locales:
  - [en](https://longbridge.com/en/topics/40304946.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/40304946.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/40304946.md)
author: "[美股金虫哥](https://longbridge.com/en/profiles/14300122.md)"
---

# Google's Q1 2026 earnings report is absolutely exp…


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