Technology & AI

Google Cloud revenue grows 103% in third quarter

Alphabet, Google's parent, reported the fastest cloud growth of three major providers, though Amazon's AWS still earns more revenue.

By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .

This story is no longer being updated. It reflects reporting up to .

What happened

Google Cloud revenue rose 103% year over year to $30.709 billion in the third quarter of 2026. Amazon's AWS revenue increased 39.3% to $45.984 billion in the same period, and Microsoft's Azure was included in the comparison. Alphabet also holds $561 billion in contracts that have not yet been converted into revenue.

Why it matters

Its large contract backlog could support future revenue.

Timeline

  1. Third quarter of 2026: Google Cloud revenue grew 103% year over year to $30.709 billion.
  2. Third quarter of 2026: AWS revenue increased 39.3% to $45.984 billion, while Azure was compared alongside them.

Coverage

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