“Our AI investments and full stack approach are lighting up every part of the business,” Pichai says. “Search had a strong quarter with AI experiences driving usage, queries at an all time high, and 19% revenue growth.” He also notes that Q1 was “our strongest quarter ever for our consumer AI plans, driven by the Gemini App” and that the company now has more than 350 million paid subscriptions, with “YouTube and Google One being the key drivers.”

Alphabet also announced consolidated revenues of $109.9 billion, up 22 percent year-over-year from revenues of $90.2 billion. Google Services revenues overall were up 16 percent to $89.6 billion, including a 19 percent increase in Google subscriptions, platforms, and devices.

Alphabet’s earnings beat revenue expectations, CNBC reports. Google Cloud also had major growth, with revenues increasing 63 percent year-over-year to $20 billion.

Alphabet is set to host a call to discuss its Q1 2026 earnings at 4:30PM ET.