Data center spending outlook
The spending plan will show how much cash Alphabet expects to commit to building its artificial intelligence infrastructure.
Alphabet reports its Q4 FY2026 results on 3 February 2027, after the market closes. Analysts expect earnings per share of 3.14 USD and revenue of 142.56B USD.
In Q3 FY2026, reported on 28 October 2026, Alphabet earned 2.12 USD a share against the 3.02 USD analysts expected (-29.8%), on revenue of 127.58B USD against 128.00B USD (-0.3%).
| Period | Report date | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth | Next-day move |
|---|---|---|---|---|---|---|---|---|---|---|
| Q3 FY2027 | 3.77 | — | — | +77.80% | 163.55B | — | — | +28.20% | — | |
| Q2 FY2027 | 3.56 | — | — | -60.88% | 152.88B | — | — | +27.62% | — | |
| Q1 FY2027 | 3.36 | — | — | -34.29% | 141.07B | — | — | +28.37% | — | |
| Q4 FY2026 | 3.14 | — | — | +11.35% | 142.56B | — | — | +25.24% | — | |
| Q3 FY2026 | 3.02 | 2.12 | -29.80% | -26.13% | 128.00B | 127.58B | -0.33% | +24.65% | -12.8% | |
| Q2 FY2026 | 2.87 | 9.11 | +217.42% | +294.37% | 116.53B | 119.80B | +2.80% | +24.23% | -7.1% | |
| Q1 FY2026 | 2.64 | 5.11 | +93.56% | +81.85% | 106.98B | 109.90B | +2.73% | +21.79% | +9.9% | |
| Q4 FY2025 | 2.57 | 2.82 | +9.73% | +31.16% | 111.33B | 113.83B | +2.24% | +17.99% | -0.6% | |
| Q3 FY2025 | 2.30 | 2.87 | +24.78% | +35.38% | 99.93B | 102.35B | +2.42% | +15.95% | +2.3% | |
| Q2 FY2025 | 2.15 | 2.31 | +7.44% | +22.22% | 99.83B | 96.43B | -3.40% | +13.79% | +1.0% | |
| Q1 FY2025 | 2.02 | 2.81 | +39.11% | +48.68% | 89.15B | 90.23B | +1.21% | +12.04% | +1.8% | |
| Q4 FY2024 | 2.12 | 2.15 | +1.42% | +31.10% | 96.67B | 96.47B | -0.21% | +11.77% | -7.2% | |
| Q3 FY2024 | 1.85 | 2.12 | +14.59% | +36.77% | 86.30B | 88.27B | +2.28% | +15.09% | +2.9% | |
| Q2 FY2024 | 1.84 | 1.89 | +2.72% | +31.25% | 84.19B | 84.74B | +0.65% | +13.59% | -5.1% | |
| Q1 FY2024 | 1.51 | 1.89 | +25.17% | +61.54% | 78.61B | 80.54B | +2.45% | +15.41% | +10.2% | |
| Q4 FY2023 | 1.59 | 1.64 | +3.14% | +56.19% | 85.31B | 86.31B | +1.18% | +13.49% | -7.4% | |
| Q3 FY2023 | 1.45 | 1.55 | +6.90% | +46.23% | 75.94B | 76.69B | +0.99% | +11.00% | -9.6% | |
| Q2 FY2023 | 1.34 | 1.44 | +7.46% | +19.01% | 72.80B | 74.60B | +2.48% | +7.06% | +5.8% | |
| Q1 FY2023 | 1.07 | 1.17 | +9.35% | -4.88% | 68.90B | 69.79B | +1.28% | +2.61% | -0.3% | |
| Q4 FY2022 | 1.18 | 1.05 | -11.02% | -31.37% | 76.18B | 76.05B | -0.17% | +0.96% | -2.8% | |
| Q3 FY2022 | 1.25 | 1.06 | -15.20% | -24.29% | 70.98B | 69.09B | -2.66% | +6.10% | -9.2% | |
| Q2 FY2022 | 1.28 | 1.21 | -5.47% | -11.03% | 69.80B | 69.69B | -0.16% | +12.61% | +7.7% | |
| Q1 FY2022 | 1.30 | 1.23 | -5.38% | -6.11% | 68.06B | 68.01B | -0.07% | +22.95% | -2.3% | |
| Q4 FY2021 | 1.37 | 1.53 | +11.68% | +36.61% | 72.27B | 75.33B | +4.23% | +32.39% | +7.5% | |
| Q3 FY2021 | 1.17 | 1.40 | +19.66% | +70.73% | 63.26B | 65.12B | +2.94% | +41.03% | +4.9% | |
| Q2 FY2021 | 0.97 | 1.36 | +40.21% | +166.67% | 63.24B | 61.88B | -2.15% | +61.58% | +3.2% | |
| Q1 FY2021 | 0.79 | 1.31 | +65.82% | +167.35% | 46.30B | 55.31B | +19.48% | +34.39% | +3.0% | |
| Q4 FY2020 | 0.80 | 1.12 | +40.00% | +45.45% | 53.07B | 56.90B | +7.20% | +23.49% | +7.3% | |
| Q3 FY2020 | 0.56 | 0.82 | +46.43% | +51.85% | 31.79B | 46.17B | +45.26% | +14.01% | +3.9% | |
| Q2 FY2020 | 0.41 | 0.51 | +24.39% | -28.17% | 31.04B | 38.30B | +23.39% | -1.66% | -3.0% | |
| Q1 FY2020 | 0.52 | 0.49 | -5.77% | -18.33% | 43.08B | 41.16B | -4.45% | +13.26% | +8.7% | |
| Q4 FY2019 | 0.63 | 0.77 | +22.22% | +20.31% | 37.61B | 46.08B | +22.51% | +17.31% | -2.5% | |
| Q3 FY2019 | 0.62 | 0.54 | -12.90% | -16.92% | 49.70B | 40.50B | -18.52% | +20.03% | -2.2% | |
| Q2 FY2019 | 0.56 | 0.71 | +26.79% | +20.34% | 30.97B | 38.94B | +25.75% | +19.25% | +8.5% | |
| Q1 FY2019 | 0.53 | 0.60 | +13.21% | +20.00% | 40.58B | 36.34B | -10.46% | +16.67% | -7.5% | |
| Q4 FY2018 | 0.54 | 0.64 | +18.52% | +33.33% | 33.28B | 39.28B | +18.02% | +21.51% | +0.9% | |
| Q3 FY2018 | 0.52 | 0.65 | +25.00% | +35.42% | 26.92B | 33.74B | +25.34% | +21.49% | -1.9% | |
| Q2 FY2018 | 0.47 | 0.59 | +25.53% | +136.00% | 68.98B | 32.66B | -52.66% | +25.56% | +3.9% | |
| Q1 FY2018 | 0.46 | 0.50 | +8.70% | +28.21% | 21.68B | 31.15B | +43.64% | +25.84% | -4.6% | |
| Q4 FY2017 | 0.51 | 0.48 | -5.88% | +2.13% | 33.26B | 32.32B | -2.81% | +24.01% | -5.2% | |
| Q3 FY2017 | 0.42 | 0.48 | +14.29% | +6.67% | 24.17B | 27.77B | +14.89% | +23.70% | +4.2% | |
| Q2 FY2017 | 0.22 | 0.25 | +13.64% | -40.48% | 23.31B | 26.01B | +11.58% | +20.98% | -3.2% | |
| Q1 FY2017 | 0.37 | 0.39 | +5.41% | +2.63% | 23.66B | 24.75B | +4.60% | +22.18% | +3.7% | |
| Q4 FY2016 | 0.48 | 0.47 | -2.08% | +9.30% | 26.87B | 26.06B | -3.01% | +22.20% | -1.2% | |
| Q3 FY2016 | 0.43 | 0.45 | +4.65% | +21.62% | 21.39B | 22.45B | +4.98% | +20.22% | +0.0% | |
| Q2 FY2016 | 0.40 | 0.42 | +5.00% | +20.00% | 20.53B | 21.50B | +4.73% | +21.28% | +3.3% | |
| Q1 FY2016 | 0.40 | 0.38 | -5.00% | +15.15% | 21.53B | 20.26B | -5.90% | +17.38% | -5.4% | |
| Q4 FY2015 | 0.41 | 0.43 | +4.88% | +26.47% | 19.95B | 21.33B | +6.91% | +17.82% | +1.3% | |
| Q3 FY2015 | 0.36 | 0.37 | +2.78% | +15.63% | 18.31B | 18.68B | +1.98% | +13.02% | +5.6% | |
| Q2 FY2015 | 0.34 | 0.35 | +2.94% | +16.67% | 16.96B | 17.73B | +4.52% | +11.11% | +16.3% | |
| Q1 FY2015 | 0.33 | 0.33 | 0.00% | +6.45% | 17.34B | 17.26B | -0.45% | +11.92% | +2.9% | |
| Q4 FY2014 | 0.36 | 0.34 | -5.56% | +13.33% | 18.69B | 18.10B | -3.13% | +7.39% | +4.8% | |
| Q3 FY2014 | 0.32 | 0.32 | 0.00% | +18.52% | 16.98B | 16.52B | -2.68% | +20.13% | -2.6% | |
| Q2 FY2014 | 0.31 | 0.30 | -3.23% | +25.00% | 16.36B | 15.96B | -2.50% | +21.73% | +4.2% | |
| Q1 FY2014 | 0.32 | 0.31 | -3.13% | +6.90% | 15.76B | 15.42B | -2.14% | +19.06% | -3.7% | |
| Q4 FY2013 | 0.31 | 0.30 | -3.23% | +15.38% | 15.94B | 16.86B | +5.77% | +27.57% | +4.0% | |
| Q3 FY2013 | 0.26 | 0.27 | +3.85% | +17.39% | 13.22B | 13.75B | +4.02% | +3.38% | +13.8% | |
| Q2 FY2013 | 0.27 | 0.24 | -11.11% | -4.00% | 14.59B | 13.11B | -10.17% | +11.01% | -1.5% | |
| Q1 FY2013 | 0.27 | 0.29 | +7.41% | +16.00% | 11.83B | 12.95B | +9.45% | +21.66% | +4.4% | |
| Q4 FY2012 | 0.26 | 0.26 | 0.00% | +8.33% | 14.17B | 13.22B | -6.74% | +24.87% | +5.5% | |
| Q3 FY2012 | 0.27 | 0.23 | -14.81% | -4.17% | 15.35B | 13.30B | -13.33% | +36.87% | -1.9% | |
| Q2 FY2012 | 0.25 | 0.25 | 0.00% | +13.64% | 11.71B | 11.81B | +0.80% | +30.81% | +3.0% | |
| Q1 FY2012 | 0.24 | 0.25 | +4.17% | +25.00% | 10.18B | 10.65B | +4.55% | +24.14% | -4.1% | |
| Q4 FY2011 | 0.26 | 0.24 | -7.69% | +9.09% | 11.59B | 10.58B | -8.70% | +25.39% | -8.4% | |
| Q3 FY2011 | 0.22 | 0.24 | +9.09% | +26.32% | 8.63B | 9.72B | +12.63% | +33.41% | +5.9% | |
| Q2 FY2011 | 0.20 | 0.22 | +10.00% | +37.50% | 8.02B | 9.03B | +12.61% | +32.35% | +12.9% | |
| Q1 FY2011 | 0.20 | 0.20 | 0.00% | +17.65% | 8.60B | 8.58B | -0.25% | +26.57% | -8.3% | |
| Q4 FY2010 | 0.20 | 0.22 | +10.00% | +29.41% | 7.75B | 8.44B | +8.87% | +26.46% | -2.4% | |
| Q3 FY2010 | 0.17 | 0.19 | +11.76% | +26.67% | 6.26B | 7.29B | +16.32% | +22.56% | +11.2% | |
| Q2 FY2010 | 0.16 | 0.16 | 0.00% | +23.08% | 6.88B | 6.82B | -0.91% | +23.48% | -7.0% | |
| Q1 FY2010 | 0.16 | 0.17 | +6.25% | +30.77% | 6.61B | 6.78B | +2.48% | +22.98% | -7.6% | |
| Q4 FY2009 | 0.16 | 0.17 | +6.25% | +30.77% | 6.34B | 6.67B | +5.19% | +17.07% | -5.7% | |
| Q3 FY2009 | 0.14 | 0.15 | +7.14% | +25.00% | 5.42B | 5.95B | +9.72% | +7.28% | +3.8% | |
| Q2 FY2009 | 0.13 | 0.13 | 0.00% | +8.33% | 5.22B | 5.52B | +5.83% | +2.90% | -2.8% | |
| Q1 FY2009 | 0.12 | 0.13 | +8.33% | +8.33% | 5.24B | 5.51B | +5.13% | +6.23% | +0.9% | |
| Q4 FY2008 | 0.12 | 0.13 | +8.33% | +18.18% | 5.54B | 5.70B | +2.90% | +18.11% | +6.0% | |
| Q3 FY2008 | 0.12 | 0.12 | 0.00% | +20.00% | 5.33B | 5.54B | +3.95% | +30.96% | +5.5% | |
| Q2 FY2008 | 0.12 | 0.12 | 0.00% | +33.33% | 5.48B | 5.37B | -2.06% | +38.62% | -9.8% | |
| Q1 FY2008 | 0.11 | 0.12 | +9.09% | +33.33% | 4.82B | 5.19B | +7.62% | +41.54% | +20.0% | |
| Q4 FY2007 | 0.11 | 0.11 | 0.00% | +37.50% | 4.83B | 4.83B | -0.01% | +50.58% | -8.6% | |
| Q3 FY2007 | 0.09 | 0.10 | +11.11% | +42.86% | 4.07B | 4.23B | +3.86% | +57.32% | +0.7% | |
| Q2 FY2007 | 0.09 | 0.09 | 0.00% | +50.00% | 3.92B | 3.87B | -1.10% | +57.65% | -5.2% | |
| Q1 FY2007 | 0.08 | 0.09 | +12.50% | +50.00% | 3.24B | 3.66B | +13.01% | +62.57% | +2.3% | |
| Q4 FY2006 | 0.07 | 0.08 | +14.29% | +100.00% | 2.92B | 3.21B | +9.79% | +67.03% | -3.9% | |
| Q3 FY2006 | 0.06 | 0.07 | +16.67% | +75.00% | 2.47B | 2.69B | +9.00% | +70.40% | +7.9% | |
| Q2 FY2006 | 0.06 | 0.06 | 0.00% | +100.00% | 2.15B | 2.46B | +14.43% | +77.39% | +0.7% | |
| Q1 FY2006 | 0.05 | 0.06 | +20.00% | +100.00% | 1.89B | 2.25B | +19.27% | +79.37% | +5.3% | |
| Q4 FY2005 | 0.05 | 0.04 | -12.59% | +100.00% | 2.16B | 1.92B | -11.11% | +86.05% | -7.2% | |
| Q3 FY2005 | 0.04 | 0.04 | +11.08% | +100.00% | 1.39B | 1.58B | +13.37% | +95.87% | +12.1% | |
| Q2 FY2005 | 0.03 | 0.03 | +12.23% | +311.52% | 1.23B | 1.38B | +13.00% | +97.73% | -3.7% | |
| Q1 FY2005 | 0.02 | 0.03 | +40.78% | — | 1.22B | 1.26B | +3.22% | — | +5.7% | |
| Q4 FY2004 | 0.02 | 0.02 | +19.47% | +678.21% | 846.77M | 1.03B | +21.82% | +101.47% | +7.3% | |
| Q3 FY2004 | 0.02 | 0.02 | +24.38% | +930.93% | 604.50M | 805.89M | +33.31% | +104.54% | +15.2% | |
| Q2 FY2004 | — | 0.01 | — | +216.96% | — | 700.21M | — | +125.00% | — | |
| Q4 FY2003 | — | 0.00 | — | -4.19% | — | 651.62M | — | +246.61% | — | |
| Q4 FY2003 | — | 0.00 | — | -46.12% | — | 512.00M | — | +172.34% | — | |
| Q3 FY2003 | — | 0.00 | — | -39.75% | — | 394.00M | — | +200.76% | — | |
| Q2 FY2003 | — | 0.00 | — | +19.17% | — | 311.20M | — | +293.92% | — | |
| Q4 FY2002 | — | 0.00 | — | +187.91% | — | 249.00M | — | +492.86% | — | |
| Q4 FY2002 | — | 0.00 | — | +424.18% | — | 188.00M | — | +347.62% | — | |
| Q3 FY2002 | — | 0.00 | — | — | — | 131.00M | — | — | — | |
| Q2 FY2002 | — | 0.00 | — | — | — | 79.00M | — | — | — | |
| Q4 FY2001 | — | 0.00 | — | — | — | 42.00M | — | — | — |
| Period | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|
| FY2028 | 18.21 | — | — | +21.08% | 781.90B | — | — | +22.48% |
| FY2027 | 15.04 | — | — | -23.44% | 638.42B | — | — | +27.69% |
| FY2026 | 19.65 | — | — | +81.75% | 499.98B | — | — | +24.12% |
| FY2025 | 10.64 | 10.81 | +1.64% | +34.29% | 400.30B | 402.84B | +0.63% | +15.09% |
| FY2024 | 8.02 | 8.05 | +0.40% | +38.79% | 350.48B | 350.02B | -0.13% | +13.87% |
| FY2023 | 5.74 | 5.80 | +0.96% | +27.47% | 306.24B | 307.39B | +0.38% | +8.68% |
| FY2022 | 4.72 | 4.55 | -3.54% | -18.75% | 283.35B | 282.84B | -0.18% | +9.78% |
The move is the shares' change on the trading day after the report: after a report after the close, the next day's close on the report day's; before the open, the report day's close on the day before's. Surprise is the reported figure against the analysts' average estimate.
From the last earnings call, the company's guidance and analysts' previews, and checked against the report when it comes.
The spending plan will show how much cash Alphabet expects to commit to building its artificial intelligence infrastructure.
On average, analysts' EPS estimate was 39.1% off the result, either way, and their revenue estimate 1.8%, over the last 12 quarters.
See also:Forecast,EPS,Income statement
Source: Financial Modeling PrepVerified against SEC filings
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