Google Profits Jump 32% on Soaring Ad Sales
By wchung | 14 Jun, 2026
Google said Thursday that its net income jumped 32 percent to beat Wall Street’s expectations.
That’s despite adding 1,500 workers in the quarter and spending more than four times as much on data centers and other equipment compared with a year ago.
Shares of Google jumped nearly 8 percent, to $582.80, in extended trading after the release of results.
Google sold ads at higher rates to advertisers than a year ago, and more Web surfers clicked on those ads.
For July through September, the Web search leader’s net income rose to $2.2 billion, or $6.72 per share, from $1.6 billion, or $5.13 per share.
Excluding certain expenses, Google earned $7.64, topping the $6.69 analysts expected.
Revenue rose 23 percent to $7.3 billion. After subtracting commissions paid to its ad partners, Google’s revenue stood at $5.5 billion, about $200 million more than analysts predicted, according to a Thomson Reuters survey.
Before the release of results, shares closed down $2.37 at $540.93.
MOUNTAIN VIEW, Calif. (AP)
Recent Articles
- 5 Magic Spices to Take Your Cooking Cordon-Bleu Adjacent
- Swiss Reject Population Cap in Referendum, Avoiding EU Clash
- Trump Loses Support in Rural America as Fuel and Food Prices Climb
- How Much I Really Spent In Japan
- Tehran Says Deal Won't Be Signed Sunday
- Two Phones and an App: How Russians Skirt Putin's Digital Iron Curtain
- Mag 7? MANGOS? Post-SpaceX Wall Street's Forced to Invent New Shorthand
- Trump Removed from Kennedy Center in Predawn Operation
- Zuckerberg Says Meta Made 'Mistakes' in AI Workforce Shift
- LE SSERAFIM Hits Stratosphere with Iconic Summer Collaboration
