---
title: "Alphabet delivers Q2 beat with cloud revenue surging 82%, capex disappoints - update"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293522639.md"
description: "Alphabet reported a Q2 earnings beat with cloud revenue surging 82% to $24.8B, but shares remained flat due to tepid capex and an operating margin miss. Adjusted EPS came in at $2.85, below the $2.91 estimate, overshadowing the top- and bottom-line beats."
datetime: "2026-07-22T21:13:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293522639.md)
  - [en](https://longbridge.com/en/news/293522639.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293522639.md)
---

# Alphabet delivers Q2 beat with cloud revenue surging 82%, capex disappoints - update

Updated 16:54ET with comments from the earnings call, including adjusted EPS of $2.85 versus $2.91 estimates. Alphabet (GOOG) (GOOGL) shares are only fractionally higher as tepid capex and a miss on operating margin overshadowed a top- and bottom-line beat and an 82% surge in the company’s cloud revenue to a better-than-expected $24.8B, beating exp...

### Related Stocks

- [GOOG.US](https://longbridge.com/en/quote/GOOG.US.md)
- [GOOGL.US](https://longbridge.com/en/quote/GOOGL.US.md)
- [GGLS.US](https://longbridge.com/en/quote/GGLS.US.md)
- [GOOW.US](https://longbridge.com/en/quote/GOOW.US.md)
- [GOU.US](https://longbridge.com/en/quote/GOU.US.md)
- [GOOX.US](https://longbridge.com/en/quote/GOOX.US.md)
- [GGLL.US](https://longbridge.com/en/quote/GGLL.US.md)
- [GOOY.US](https://longbridge.com/en/quote/GOOY.US.md)
- [GOOP.US](https://longbridge.com/en/quote/GOOP.US.md)
- [MAGX.US](https://longbridge.com/en/quote/MAGX.US.md)

## Related News & Research

- [Public Employees Retirement System of Ohio Has $693.64 Million Stock Holdings in Alphabet Inc. $GOOG](https://longbridge.com/en/news/293906913.md)
- [Gemini agent digs a 13-year-old sandbox escape out of Chrome's code](https://longbridge.com/en/news/294501470.md)
- [Google nixes its Earth AI feature one day after launch, amid criticism it would spread misinformation](https://longbridge.com/en/news/294549600.md)
- [FOCUS-Google rivals line up seeking damages after record $1 billion fine](https://longbridge.com/en/news/294011339.md)
- [Banks in talks to lend $15 billion for Anthropic data center backed by Google, WSJ reports](https://longbridge.com/en/news/294401941.md)