# Alphabet Heads Into Q3 Results With $127.8 Billion Revenue Forecast

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/42371
Published: 2026-10-28T05:29:42.000Z
Updated: 2026-10-28T05:29:42.000Z
Section: Business

> Market forecasts also put net income at $37.33 billion. Investors will track Google Cloud growth, TPU supply to outside customers and the company’s 2027 spending outlook.

Alphabet, Google’s parent, is expected to report its 2026 fiscal third-quarter results after U.S. markets close Wednesday, with market forecasts putting revenue at $127.83 billion.

The estimate represents 24.9% growth from a year earlier. Net income is projected at $37.33 billion, up 6.73%.

Investors will focus on Google Cloud’s growth and progress supplying TPUs to outside customers. They will also watch Alphabet’s 2027 capital-spending outlook and pressure on free cash flow.

JPMorgan raised its Google Cloud revenue-growth forecast to 100% from 88%. Deutsche Bank expects search revenue to continue growing steadily.

HSBC Research projects a 44.5% operating margin, above market expectations, and 35% year-over-year growth in GAAP earnings before interest and taxes. Alphabet’s results are due after the U.S. market closes Wednesday.