Alphabet reaffirms $195 billion to $205 billion capex guidance as AI spending climbs

Google's parent is holding its raised 2026 spending plan even as free cash flow turns negative and cloud revenue more than doubles Alphabet Inc. (GOOGL) price Full chart and stats Loading chart… Market cap $3.9T (shares as of 2026-06-30) P/E (trailing) 16.1 (EPS to 2026-06-30) Annual revenue $402.8B USD (FY ended 2025-12-31) 10-K Annual revenue growth +15.1% (FY ended 2025-12-31 vs FY ended 2024-12-31) 10-K Annual net income 132,170,000,000 USD (FY ended 2025-12-31, attributable to the company) 10-K Annual operating margin 32.0% (FY ended 2025-12-31) Forward P/E Unavailable: no dated forecast source Gloria daily close for session Oct 27, 2026. Market cap and trailing P/E use this close with the SEC share total and trailing diluted earnings, each dated next to its figure. Annual revenue, revenue growth, net income and margin show their own fiscal period and link the 10-K. Current context may postdate this article. Alphabet Inc. and its peers Token vs underlying stock Current comparison for GOOGL. Historical observations may postdate this article. GOOGLx token unit vs GOOGL share · USD $321.43Oct 27 UTC -15.0% over displayed period ● GOOGLx token┄ GOOGL stock: $320.58 Aug 4, 2026: to...