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Alphabet Class C (DE:ABEC)
XETRA:ABEC
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Alphabet Class C (ABEC) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Apr 28, 2026
After Close (Confirmed)
Period Ending
2026 (Q1)
Consensus EPS Forecast
2.21
Last Year’s EPS
2.39
Same Quarter Last Year
Based on 13 Analysts Ratings

Earnings Call Summary

Q4 2025
Earnings Call Date:Feb 04, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call emphasized strong, broad-based growth driven by AI investments: record annual revenue (> $400B), accelerated Search (17% YoY), exceptional Google Cloud growth (48% YoY) with backlog up 55% QoQ, rapid monetization of generative AI products (~400% YoY growth), and large-scale adoption of Gemini (750M MAUs, >8M enterprise seats). Profitability and cash flow are robust (net income +30%, record operating cash flow). Notable challenges include a $2.1B Waymo-related charge, materially higher operating expenses and depreciation, supply constraints for AI compute, and a massive planned CapEx increase ($175–$185B for 2026) that will pressure the P&L and requires execution. Early-stage monetization of new AI search experiences and some softness in specific ad channels (network ads down 2%) are additional risks. Overall, positives around AI-driven revenue and adoption materially outweigh the near-term expense and capacity challenges.
Company Guidance
Alphabet's forward guidance centered on a heavy investment cadence: CapEx is expected to be $175–$185 billion in 2026 (Q4 2025 CapEx was $27.9B; FY2025 was $91.4B), with spending ramping over the year and an FX tailwind to Q1 revenues at current spot rates (but subject to volatility). Management warned depreciation will accelerate in Q1 and meaningfully for the full year—after depreciation rose from $15.3B in 2024 to $21.1B in 2025 (≈+38% or +$5.8B)—driven by higher technical infrastructure spend; roughly 60% of CapEx is for machines/servers and ~40% for data centers/networking (a similar split anticipated in 2026). They expect just over half of ML compute to serve Google Cloud, highlighted continued hiring in AI and Cloud, and noted supply, component pricing, and payment timing could cause variability in reported CapEx.
Record Annual Revenue Surpasses $400B
Alphabet reported full-year 2025 consolidated revenues of $403.0 billion, up 15% year over year, marking the first time annual revenues exceeded $400 billion.
Strong Q4 Revenue and Profitability
Q4 consolidated revenues were $113.8 billion with operating income of $35.9 billion (operating margin 31.6%). Net income rose 30% to $34.5 billion and EPS increased 31% to $2.82.
Search Acceleration
Search and other advertising revenues grew 17% year over year to $63.1 billion in Q4 led by broad vertical strength (notably retail); Search usage and new AI experiences drove longer and more conversational sessions (AI mode queries ~3x longer).
Google Cloud Outstanding Growth
Google Cloud revenues accelerated 48% year over year to $17.7 billion in Q4. Cloud operating income more than doubled to an additional $5.3 billion and operating margin rose to 30.1% from 17.5% a year ago. Backlog grew 55% sequentially to $240 billion.
Generative AI Monetization Momentum
Revenue from products built on generative AI models grew nearly 400% year over year in Q4. More than 120,000 enterprises use Gemini; 95% of the top 20 and >80% of the top 100 SaaS companies use Gemini.
Gemini Adoption and Efficiency Gains
Gemini app surpassed 750 million monthly active users (added ~100M MAUs in Q4) with higher engagement since Gemini 3 launch. Gemini serving unit costs were lowered by 78% during 2025; first-party models process over 10 billion tokens per minute (up from 7 billion last quarter).
Enterprise Adoption of Gemini Enterprise
Alphabet sold over 8 million paid seats of Gemini Enterprise to more than 2,800 companies. Gemini Enterprise managed over 5 billion customer interactions in Q4, growing 65% year over year.
Strong Cash Generation and Capital Return
Record operating cash flow of $52.4 billion in Q4 and $160.5 billion for the full year; Q4 free cash flow $24.6 billion. Ended quarter with $120.8 billion in cash and marketable securities. Returned $5.5 billion in share repurchases and paid $2.5 billion in dividends in Q4.
YouTube and Content Engagement Strength
YouTube annual revenues surpassed $60 billion across ads and subscriptions. Shorts averages over 200 billion daily views; October 2025 viewers watched 700+ million hours of podcasts on living room devices (up 75% YoY). Creator and viewer AI tool adoption strong (1M channels used AI creation tools daily in December; 20M viewers used Gemini-powered tools).
Waymo Progress and Fundraising
Waymo raised its largest investment round, surpassed 20 million fully autonomous trips, and now provides over 400,000 rides per week while expanding geographically (new market: Miami, planned expansion in US, UK, Japan).

Alphabet Class C (DE:ABEC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

DE:ABEC Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Apr 28, 2026
2026 (Q1)
2.21 / -
2.386
Feb 04, 2026
2025 (Q4)
2.24 / 2.39
1.82531.16% (+0.57)
Oct 29, 2025
2025 (Q3)
1.92 / 2.44
1.835.38% (+0.64)
Jul 24, 2025
2025 (Q2)
1.85 / 1.96
1.60522.22% (+0.36)
Apr 24, 2025
2025 (Q1)
1.72 / 2.39
1.60548.68% (+0.78)
Feb 04, 2025
2024 (Q4)
1.80 / 1.83
1.39231.10% (+0.43)
Oct 29, 2024
2024 (Q3)
1.57 / 1.80
1.31636.77% (+0.48)
Jul 23, 2024
2024 (Q2)
1.57 / 1.60
1.22331.25% (+0.38)
Apr 25, 2024
2024 (Q1)
1.28 / 1.60
0.99361.54% (+0.61)
Jan 30, 2024
2023 (Q4)
1.35 / 1.39
0.89156.19% (+0.50)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

DE:ABEC Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 04, 2026
€283.00€275.05-2.81%
Oct 29, 2025
€233.85€246.19+5.28%
Jul 24, 2025
€165.08€165.56+0.29%
Apr 24, 2025
€140.65€144.34+2.62%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Alphabet Class C (DE:ABEC) report earnings?
Alphabet Class C (DE:ABEC) is schdueled to report earning on Apr 28, 2026, After Close (Confirmed).
    What is Alphabet Class C (DE:ABEC) earnings time?
    Alphabet Class C (DE:ABEC) earnings time is at Apr 28, 2026, After Close (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is the P/E ratio of Alphabet Class C stock?
          The P/E ratio of Alphabet Class C is N/A.
            What is DE:ABEC EPS forecast?
            DE:ABEC EPS forecast for the fiscal quarter 2026 (Q1) is 2.21.

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