Search volume hits five-year high
Alphabet reported its third-quarter 2026 financial results. The company says its AI investments are leading to a notable increase in search queries. CEO Sundar Pichai said the year-over-year query growth rate is the highest it has been in the last five years, including commercial queries.
Revenue and cloud growth
Alphabet's quarterly revenue came in at $127.6 billion, up 25 percent year-over-year. "Google Search & other" revenues rose 12 percent year-over-year. Google Cloud revenue grew 103 percent to $30.7 billion.
Why it matters
Google is ramping up investment in its AI-powered search experience, and these results show that spending translating into user behavior with the clearest growth figure yet. Cloud growth of more than double also shows demand for AI infrastructure directly reflected in the company's balance sheet.
