Alphabet (GOOG) earnings for the quarter ended September 2026: EPS misses estimates
Alphabet reported results for the quarter ended September 2026 on October 28, 2026. Adjusted earnings per share came in at $2.67 against the analysts’ average forecast of $2.98, a miss of 10.5%.
Revenue for the quarter was $127.58 billion, up 24.7% from $102.35 billion in the same quarter a year earlier.
The market’s verdict: the stock fell 10.9% on the first trading day after the report.
The last four quarters
Alphabet has beaten the analysts’ EPS forecast in 2 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $2.67 | $2.98 | −10.5% | +25% | −10.9% |
| Jun 2026 | $2.85 | $2.91 | −2.1% | +24% | −8.0% |
| Mar 2026 | $2.76 | $2.63 | +5.0% | +22% | +9.9% |
| Dec 2025 | $2.82 | $2.64 | +6.8% | — | −2.8% |
What comes next
Analysts expect EPS of $3.27 for the next quarter on average and $13.09 for the fiscal year ending December 31, 2026.
The average analyst price target is $393.93, 35% above the current price of $292.52.
Valuation and score
Alphabet scores 3.8 out of 5 overall on Stock Analiz (good, with some weak spots), trades at a trailing P/E of about 15.3, and its intrinsic value under moderate assumptions is about 39% above the current market value. Full Alphabet analysis with 10 years of financials
Frequently asked questions
What was Alphabet’s EPS for the quarter ended September 2026?
$2.67 adjusted per share, against an analyst consensus of $2.98.
How much revenue did Alphabet report?
$127.58 billion, up 24.7% year over year.
More
This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.