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BY Michael Grothaus

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Shares of Google’s parent company, Alphabet Inc. (Nasdaq: GOOG), could suffer a historic post-earnings loss today.

As of the time of this writing, the stock price is down more than 10% after the company reported what can only be described as disappointing results for its most recent quarter yesterday. Here’s what you need to know.

Google’s Q3 results

Yesterday, Alphabet announced its third-quarter 2026 results, which cover the three-month period that ended on September 30. On the surface, the search giant and AI hyperscaler tried to dress up the results as best as possible.

Those results included a 25% increase in consolidated revenue to $127.6 billion, a 103% increase in Google Cloud, and crossing the 1 billion milestone when it comes to Gemini app users, which makes Gemini, Google’s AI chatbot, the fastest-growing product in the company’s history.

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