Alphabet Q2 Cloud Revenue Rockets 82% to $24.77B — Massive Beat Against $22.4B Consensus

Alphabet's Q2 2026 Cloud revenue surged 82% YoY to $24.77B, crushing the $22.4B StreetAccount consensus. YouTube Ads hit $11.06B (+13%, beating $10.81B estimate). But Google Search revenue of $63.3B narrowly missed the $63.4B estimate, revealing a rare crack in the core business even as AI infrastructure spending hit $44.9B in quarterly capex.