GOOGL Q3 deep dive: AI investment drives revenue growth but profit falls short of expectations

Online advertising giant Alphabet (NASDAQ:GOOGL) met Wall Street's revenue expectations in Q3 2026, with sales up 24.7% year on year to $127.6 billion. Its non-GAAP profit of $2.12 per share was 29.6% below analysts' consensus estimates. Is now the time to buy GOOGL? Find out in our full research report (it's free). Alphabet (GOOGL) Q3 2026 highlights: Revenue $127.6 billion vs S&P analysts' estimates of $127.9 billion (in line) EPS (GAAP) $2.12 vs analyst expectations of $3.01 (29.6% miss) Operating margin 31.8%, up from 30.5% in the same quarter last year Market capitalization $3.