Subject: Alphabet Investor Presentation
Alphabet investor presentation: June 3, 2026

Sundar & CFO explain why they did it:

"Anat Ashkenazi (CFO: As you’ve seen in our results over the past several quarters and as you heard from Sundar, we are driving strong business performance. Let me dive a bit deeper into the drivers of this performance, how our capital investments are informed by our view of ROIC and share our balance sheet strategy and rationale for today’s capital raise.

The impact of our AI investments is evident in the momentum and scale of our business.

As Sundar mentioned, in 2025, we achieved a significant milestone, surpassing $400 billion in revenue. In the first quarter of 2026, our momentum has continued as revenue reached nearly $110 billion, up 22% year-over-year. This marks our eleventh consecutive quarter of double-digit revenue growth.

Importantly, we are driving this top-line expansion while maintaining rigorous operational discipline. Over the last five years, our operating income tripled and our operating margin expanded to 33% on a TTM basis. Our AI investments and full-stack approach are being monetized and are delivering tangible value across our business as evidenced in our Q1 results."

more...

https://blog.google/alphabet/i...