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GOOGLEarnings2026-04-29
Alphabet's CEO gives growth figures for generative AI product revenue, customer acquisition and large deal counts in Cloud.
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Sundar Pichai · Alphabet Investor Relations · Alphabet 2026 Q1 Earnings Call
“In Q1, revenue from products built on our gen AI models grew nearly 800% year over year. We are winning new customers faster, with new customer acquisition doubling compared to the same period last year. We are seeing strong deal momentum, doubling the number of $100 million to $1 billion deals year on year, and signing multiple billion dollar plus deals.”
Key terms
- gen AI models
- — Generative AI systems that produce text, images, audio or code in response to prompts.
Educational summary of a public statement. Not investment advice.