Alphabet (GOOGL)

Alphabet is Google's parent company. Most of its revenue comes from advertising on Google Search and YouTube, followed by Google Cloud and by subscriptions, platforms, and devices. Early-stage projects such as Waymo's self-driving business are reported separately as Other Bets. It also holds equity stakes in other companies.

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2026-10-17

Alphabet earned over $9 a share in Q2, and more than $6 came from equity gains

Before Alphabet reports Q3, a closer look at Q2: of the more than $9 in earnings per share, over $6 came from gains on equity investments. The money is real, but customers did not pay it.