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Alphabet’s Q3 Report Puts Cloud Growth and Spending in Focus
Alphabet is scheduled to report fiscal 2026 third-quarter results after the U.S. market close. Investors will watch external TPU supply, 2027 capital-spending guidance and potential pressure on free cash flow.

Alphabet is scheduled to report fiscal 2026 third-quarter results after U.S. markets close Wednesday, putting Google Cloud growth, external TPU supply and AI-related spending in focus.
Alphabet’s earnings call is scheduled for 4:30 p.m. ET. In the second quarter, Google Cloud revenue rose 82% year over year, while Search and other revenue increased 17%.
The report will provide a fresh measure of cloud growth. The pace of external TPU supply, guidance for 2027 capital spending and potential pressure on free cash flow are also in focus.