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GOOGLEarnings2026-04-29
Alphabet's CEO describes Cloud segment revenue growth and the change in backlog during the quarter.
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Sundar Pichai · Alphabet Investor Relations · Alphabet 2026 Q1 Earnings Call
“Cloud accelerated again this quarter due to strong demand for our AI products and infrastructure. Revenue grew 63%, exceeding $20 billion for the first time, and our backlog nearly doubled quarter on quarter to over $460 billion.”
Key terms
- backlog
- — The value of contracted customer commitments that have not yet been recognized as revenue.
Educational summary of a public statement. Not investment advice.