Google Cloud reported a revenue of $20.03 billion for the first quarter of 2026, marking a 63% increase compared to the previous year. According to NS3.AI, this makes Google Cloud the fastest-growing major segment of Alphabet. The cloud division now contributes 18% to Alphabet's total revenue. Additionally, Google Cloud's backlog of $462 billion is highlighted as a significant factor supporting a more optimistic outlook on Google stock.
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Google Cloud Revenue Surges 63% in Q1 2026, Boosting Alphabet's Growth
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