It Takes Meta Almost 9 Minutes to Make $1 Million in Profits. Google Does It in Under 4
Briefly

It Takes Meta Almost 9 Minutes to Make $1 Million in Profits. Google Does It in Under 4
"Google Cloud revenue jumped 63% to $20.03 billion, with backlog now over $460 billion. Search and other reached $60.40 billion, up 19%. EPS of $5.11 beat the $2.63 consensus by 94.10%."
Google reported a Q1 FY2026 net income of $62.58 billion, a 81.18% increase from the previous year. This includes $36.91 billion in unrealized equity gains. Google Cloud revenue grew 63% to $20.03 billion, with a backlog of over $460 billion. Search and other revenue reached $60.40 billion, up 19%. Google's operating margin was 36.1%. The company's profit per minute is $1 million every 3 minutes, 59 seconds, outperforming Meta and Microsoft.
#google #cloud #revenue #profit #earnings
Read at 24/7 Wall St.
Unable to calculate read time
[
|
]