律动BlockBeats|Oct 28, 2026 05:22
[Google's Q3 Earnings Preview: Cloud Growth Awaits Verification, Revenue Expected to Surge 24.9% YoY]
BlockBeats reports that Alphabet, Google's parent company, will release its earnings report after the US stock market closes on Wednesday, October 28th. The growth rate of its cloud business and the ramp-up of TPU supply remain to be seen. The 2027 capital expenditure guidance and negative free cash flow pressure will be the focus of the earnings report.
The Q3 revenue forecast for fiscal year 2026 is $127.833 billion, an expected year-on-year increase of 24.9%; the net profit forecast is $37.334 billion, an expected year-on-year increase of 6.73%.
Major investment banks have also provided their forecasts: JPMorgan Chase has raised its year-on-year growth forecast for cloud revenue from 88% to 100%; Deutsche Bank believes its Q3 search revenue growth will be relatively healthy; HSBC Research predicts an operating profit margin of 44.5%, higher than market expectations, and GAAP EBITDA up 35% year-on-year.
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