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Alphabet reports Google Search revenue grew 19% year-over-year to $60.4 billion in Q1 2026, with AI Overviews reaching over 2 billion monthly users.

Yahoo Finance AIMay 24, 20261 min read
Alphabet reports Google Search revenue grew 19% year-over-year to $60.4 billion in Q1 2026, with AI Overviews reaching over 2 billion monthly users.

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3 Key Points

  1. 1

    Google Search revenue increased by 19% year over year to $60.4 billion in the first quarter of 2026. AI Overviews, which Google incorporated into Search, had over 2 billion users per month as of last July.

  2. 2

    Alphabet's Gemini app has over 750 million monthly active users. In Q1 2026, Alphabet's first-party models processed more than 16 billion tokens per minute via direct API use, a 60% increase from the previous quarter.

  3. 3

    Google Cloud generated $20 billion in sales in Q1 2026, up 63% year-over-year, with backlog nearly doubling from the previous quarter to over $460 billion. Waymo, Alphabet's autonomous driving subsidiary, surpassed 500,000 paid robotaxi rides per week in Q1 2026.

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