BUSINESS

Alphabet tops $400 billion as AI spending surges

PUBLISHED Feb 4, 2026, 5:26 PM ET

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Alphabet tops $400 billion as AI spending surges

Media Bias Meter

Sources: 10

Center 90%

Right 10%

Sources: 10

SAN FRANCISCO — Alphabet Inc. reported record annual revenue topping $400 billion, driven by an 18% year-over-year quarterly rise to $113.8 billion and a 30% increase in quarterly profit to $34.5 billion. The company cited stronger search and advertising performance plus rapid growth in cloud and AI-related services, including YouTube ad gains and accelerated Gemini adoption and robust enterprise cloud demand. Executives said supply constraints persist even as they plan US$175–185 billion in capital expenditure for 2026 to expand AI computing capacity. Shares moved marginally lower in after-hours trading following the results. Based on 6 articles reviewed and supporting research.

By Michael Grant | JQJO News

Timeline of Events

1998: Google founded by Larry Page and Sergey Brin.
2025 Q4 (Oct–Dec): Company delivers strong search, ads and cloud performance.
Early February 2026: Alphabet reports Q4 results and annual revenue exceeding US$400 billion.
Early February 2026: Executives announce planned US$175–185 billion capex for 2026 to expand AI capacity.
Post-earnings: Gemini adoption accelerates; user metrics reported and shares move slightly after-hours.

Media Bias

Articles Published:: 10
Right Leaning:: 1
Left Leaning:: 0
Neutral:: 9

Who Benefited

Alphabet and its shareholders benefited from record revenue and profit, while cloud customers and infrastructure vendors will gain from planned US$175–185 billion capital spending to expand AI capacity.