Google to report Q3 earnings tomorrow, with revenue expected to rise 24.9% to $127.8 billion.

iconKuCoinFlash
Share
AI summary iconSummary
Google is set to report Q3 2026 earnings after the U.S. market closes on Wednesday. Daily market report estimates project revenue to surge 24.9% to $127.83 billion, with net profit at $37.33 billion, up 6.73%. Key focus areas include Google Cloud growth, TPU supply updates, 2027 capital expenditure guidance, and free cash flow trends. JPMorgan raised its Google Cloud growth forecast to 100%, while Deutsche Bank anticipates stable search revenue. HSBC Research forecasts an operating margin of 44.5%, above market expectations, with GAAP EBIT up 35% year-over-year. Investors monitoring altcoins to watch will also pay attention to Alphabet’s guidance for broader market sentiment.

Odaily Planet Daily report: Alphabet, Google’s parent company, is expected to release its third-quarter fiscal year 2026 earnings after market close on Wednesday in the U.S. Market forecasts project quarterly revenue of $127.833 billion, a 24.9% year-over-year increase; net profit is expected at $37.334 billion, up 6.73% year-over-year.

Key focus areas of this earnings report include the growth of Google Cloud, progress in TPU external supply, and capital expenditure guidance for 2027 and free cash flow pressures.

On the investment banking side, JPMorgan raised its year-over-year revenue growth forecast for Google Cloud from 88% to 100%; Deutsche Bank expects its search business revenue to maintain steady growth in the third quarter; and HSBC Research forecasts an operating profit margin of 44.5%, above market expectations, with GAAP pre-tax profit growing 35% year-over-year.

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.