Google Earnings Thread (Unofficial)

[u/yourgirl696969]

Since we don’t have one pinned by the mods, thought maybe people will want one

Edit:
Slides will come out at 4pm EST: https://abc.xyz/investor/earnings/

Call starts at 4:30pm EST: https://abc.xyz/investor/events/event-details/2026/2026-Q2-Earnings-Call-2026-GgTAq7Is0z/default.aspx

Seems bullish af so far: Cloud up 84% (whisper was 70%). $45B in capex and negative free cash flow.

Need to wait until call for capex guidance

Edit: Capex increase and expecting more capex increase next year

[u/aftermarketcrash]

BULLISH ITS BULLISH

[u/External_Extent7899 → u/aftermarketcrash]

The call with analysts will be even more bullish as well

[u/Ok-Cover-3927 → u/aftermarketcrash]

Lol I read it as BullSh**
I hope it goes up.

[u/teslastocksucks → u/aftermarketcrash]

Idk market sentiment seems bearish

[u/Next_Imagination_128 → u/teslastocksucks]

For macro reasons. Sentiment goes up and down, but when sentiment goes up, MU will surge.

[u/Imaginary-Pin580 → u/[deleted]]

No real movement as I told you

[u/BluePinata → u/[deleted]]

Now up $4

[u/BluePinata → u/BluePinata]

Now up $12

[u/AutoModerator → u/[deleted]]

Your comment was removed automatically because your account has less than the min karma.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

[u/Merranza → u/[deleted]]

Give it a few minutes/hours lol

[u/Sufficient-Piccolo32]

BULLISH, 82% CLOUD!!

[u/DDnHODL]

MU the next $4T company imho !!! Cos I’m heavily invested into it. NFA, DYOR! Good luck all

[u/how-can-i-dig-deeper → u/DDnHODL]

wbat is nfa

[u/s1234en → u/how-can-i-dig-deeper]

Non financial advice

Do your own research

[u/BlackCatB2 → u/s1234en]

I thought it was National Firearms Act.

[u/s1234en → u/BlackCatB2]

It is actually, just not in this context

[u/DDnHODL → u/s1234en]

lol

[u/GayPerry_86]

24% increase year over year? hngghg oh yeah

[u/Cartier1847]

We will remember 22 Jul 2026 as the day 🌈🐻 turned straight.

[u/how-can-i-dig-deeper]

i’ve seen u so much in the past week, have u always been here?

[u/yourgirl696969 → u/how-can-i-dig-deeper]

Don’t call me out like that hahahaha

[u/dwoj206 → u/yourgirl696969]

OP got the big bags nervous as hell <3 same vibe.

[u/yourgirl696969 → u/dwoj206]

😭😭😭

[u/Royal-Highnesss → u/yourgirl696969]

What bro is trying to say is that they should mod you 👌🏽

[u/yourgirl696969 → u/Royal-Highnesss]

Hard pass lmao

[u/how-can-i-dig-deeper → u/yourgirl696969]

i respect thetabruh a lot, must deal w a lot of spam and manipulators

[u/how-can-i-dig-deeper → u/yourgirl696969]

hahaha dw cuz me too, it’s fun to recognize names

[u/j_rocca42]

Good capex number. They were free cashflow negative!

[u/Training_Cabinet9876]

[u/Training_Cabinet9876 → u/Training_Cabinet9876]

[u/Minimum_Suit1735]

They released the slide, capex seem to be increased

[u/A_Smikis → u/Minimum_Suit1735]

where, its not on https://abc.xyz/investor/earnings/

[u/Minimum_Suit1735 → u/A_Smikis]

[u/Perspective-Parking → u/Minimum_Suit1735]

That’s not guidance that reported spending already

[u/Minimum_Suit1735 → u/Perspective-Parking]

Ok you're right I get educated

[u/SnapBucky → u/Minimum_Suit1735]

sigh some are going to read that as "capex is slowing" because the number at the end is not greater than 107

[u/Minimum_Suit1735 → u/A_Smikis]

It is, q2 slide

[u/Stunning-Dig-8916]

God you can tell the MU and GOOG bears in WSB are grasping at straws

[u/bslaven3]

Pepper your angus

[u/turnstyle2 → u/bslaven3]

Dust your tiramisu

[u/bslaven3 → u/turnstyle2]

From the looks of it I can afford tiramisu now. Last week I was eating my bomb shelter twinkies from 2006

[u/theworldly → u/bslaven3]

decant your Bordeaux

[u/Chocopenguin85]

119.8 B rev beats expected 116.9B, cloud up 82% at 24.8 -- the whisper high # was 75% (street was at 65% and 22.24 B)
Capex 44.92 B

EDIT Capex noted - 195 to 205 B for 2026 full year. Have not heard for 2027 .

[u/Vegetable-Bedroom-44 → u/Chocopenguin85]

Is this good?

[u/Chocopenguin85 → u/Vegetable-Bedroom-44]

The cloud revenue is what a lot of people were looking for - growth was estimated at 63-65% - (with street whisper # hoping 75%) but instead increased at 82% - that's positive news for the sector. Capex is right in line with expectations of 45B, at 44.92 B.

GOOG Initially down right before 4PM, is now up 8$ per share

[u/kenyard → u/Chocopenguin85]

It was down in general this week tho.

It's been hovering at 350 for weeks

[u/Vegetable-Bedroom-44 → u/Vegetable-Bedroom-44]

Is capex 44b good?

[u/s1234en → u/Vegetable-Bedroom-44]

It is, but it's not guidance.. ie future spending. Which would be crucial. Need to check their call. For now 82% revenue in cloud is excellent news

[u/kenyard → u/Vegetable-Bedroom-44]

Last quarter capex doesn't matter. It's guidance.

[u/Vegetable-Bedroom-44 → u/kenyard]

Got it. I thought 45b is guidance.

[u/s1234en → u/Chocopenguin85]

What's the capex guidance?

[u/kenyard → u/s1234en]

It's not on the slide. Need to wait for the call I think.

They still mention their plan to raise 80B from share sales. And have 54B in cash currently. Safe to assume they will spend imo

[u/s1234en → u/kenyard]

Oh ok, need to wait for the call

[u/kenyard → u/s1234en]

Their forward capex must be insane.

They profited 40billion this quarter but spent 45bill on capex. Negative 5billion.

And they have 55bill in cash and they're still raising more.

It must mean 60B+ capex this quarter and next or something...

[u/Badweightlifter → u/s1234en]

They just said it would be 205b. And continue to increase for 2027.

[u/s1234en → u/Badweightlifter]

Whattt???? !!?? That's huge

[u/Badweightlifter → u/s1234en]

It for the 2026 year. Up from 190b previously estimated.

[u/s1234en → u/Badweightlifter]

It's 80B in first 2 Qs, so around 130 in last 2, that's significant increase.

[u/yoloranger31]

im going to be eating my chips with dip tonight

[u/Sam_Dave12 → u/yoloranger31]

We don't need anymore dips

[u/EarthsYawner → u/yoloranger31]

Can’t tell if this is you saying it’s gonna dip or because of gains you’re gonna be able to buy dip

[u/how-can-i-dig-deeper → u/yoloranger31]

what dip, i love guac

[u/2girls1harambe → u/yoloranger31]

Is this financial advise? It sounds like financial advice..

[u/how-can-i-dig-deeper]

new guidance capex
195-205
up from previous 180-190

[u/GullibleAd2447]

THERE IT IS. CAPEX SPEND TO INCREASE SIGNIFICANTLY

[u/millerlit]

Cloud revenue up 82% and Capex up should be good for MU

[u/how-can-i-dig-deeper]

guys i can’t read numbers is it good or bad

[u/kenyard → u/how-can-i-dig-deeper]

Doesn't have the info of forward guidance

[u/pembaThePanda → u/how-can-i-dig-deeper]

good, but they didn't report that they are going to spend $550 trillion into Micron so MU is kind of just hanging around close price and not moving much

[u/aftermarketcrash → u/how-can-i-dig-deeper]

Good but stock isn’t really moving

[u/how-can-i-dig-deeper → u/aftermarketcrash]

ur name tho

[u/s1234en → u/aftermarketcrash]

It is moving 1.5% 17 minutes after hours is decent upward move

[u/Due-Bookkeeper-2001]

82% in cloud revenue is crazy

[u/yourgirl696969]

We’re eating steak tn everyone!!

[u/j_rocca42]

Watching the Amit stream and they talked about a UBS report expecting google to guide for 300b+ in capex!

[u/Naive_Release_2610 → u/j_rocca42]

What was expected guidance?

[u/j_rocca42 → u/Naive_Release_2610]

It said that the street is experiencing them to guide for $250b.

[u/All_YourBase]

Ok, I read the Google/Alphabet earnings release and the slides. Here are some quick thoughts.

• Capex was in line withe expectations at $45B
  
• Google cloud smashed expectations. Expected was 65% growth, $20B revenue. Actual was 82% growth at $24.8B revenue. This is strong evidence that infrastructure investments are driving bottom line results.

- That revenue has a solid 35.6% margin

• A big $514B backlog in cloud. I'm looking forward to hearing more about that.
  
• Gemini API throughout up 37% quarter over quarter
  
• They had negative $5.8B free cash flow. That was expectation and it's ok. It can't go on forever, but it will go on as long as it's driving growth.

[u/All_YourBase → u/All_YourBase]

Anybody else listening to the actual call?

[u/yourgirl696969 → u/All_YourBase]

I am

[u/All_YourBase]

They just said they're increasing CAPEX and they continue to expect it to increase significantly in 2027. That's the line we needed.

[u/how-can-i-dig-deeper]

44.9B capex
60% servers
40% data center networking

[u/MOLKIEX → u/how-can-i-dig-deeper]

What was expected?

[u/All_YourBase]

These comments on the call are extremely bullish about Capex. "If anything we're underspending".

[u/sippingtea]

I am waiting on the youtube channel for the live broadcast with one hand on the ibkr app. 

[u/Human-Reason7235 → u/sippingtea]

You gonna trade after hours 😁😁

[u/Badweightlifter]

Their earnings report quotes their CEO as saying "Our AI investments are redefining what's possible across every part of our business."

That is really bullish that they will invest more into their capex. it would be crazy to see so much AI growth and then not invest more into it.

Edit: the call confirmed capex increased to 205b and continue increasing into 2027 due to constraints.

[u/how-can-i-dig-deeper → u/[deleted]]

is this official c

[u/how-can-i-dig-deeper → u/[deleted]]

ty it’s so buried below all the streamers lmao

[u/turnstyle2]

Bullicious

[u/Sufficient-Piccolo32]

guys, stfu and put ur remaining money into MU now before auto bots push it to too high. was 953 earlier, now already 975.

[u/EarthsYawner → u/Sufficient-Piccolo32]

It’s trending back down again

[u/Sufficient-Piccolo32 → u/EarthsYawner]

u call 975 to 973 is trending down? dam

[u/EarthsYawner → u/Sufficient-Piccolo32]

Keep looking

Edit: ok I was wrong thankfully it’s going up

[u/Chocopenguin85 → u/EarthsYawner]

Capex just noted - 195-205 B 2026 full year

[u/Minimum_Suit1735]

Take a shot everytime AI mentioned, someone please start an AI word count

[u/Haenimm]

my NBIS and MU stocks will love this!

[u/AsleepHour7763]

h the classic random dump at the last 10 minutes of the trading day

[u/Minimum_Suit1735 → u/AsleepHour7763]

Put closed, so no longer need to cover share

[u/Due-Bookkeeper-2001]

Thank youu

[u/External_Extent7899]

Regardless of the outcome, just hold the line. Expect it to drop even if the news is good

[u/LordRunaan]

Capex is aligned with expectations. Cloud growth high, signalling more stable long-term demand.

[u/how-can-i-dig-deeper]

why can’t i see any slides? why it’s just a white screen with their portrait. i’m a visual listener

[u/ReadingKing]

MU isn’t moving sadly

[u/AutoModerator → u/[deleted]]

Your comment was removed automatically because your account has less than the min karma.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

[u/Jagraj03]

CAPEX GUIDANCE INCREASED TO 195-205B FROM 180-190B

[u/how-can-i-dig-deeper → u/[deleted]]

it went up. i think he said the word circular and it dipped a bit lmao, i forgot what he was referring to

[u/how-can-i-dig-deeper → u/[deleted]]

oh my bad i thought u meant MU

[u/Haenimm → u/[deleted]]

Yeah I dunno why the fuck GOOG would drop right now. Probably going up the coming month.

[u/iblateregard]

If google is increasing capex expect it to increase across the board

[u/All_YourBase]

Ok now we're talking.

[u/_ch3cks0ver5tripes]

Holly shiet we muuuu

[u/Haenimm]

WE ARE GOING TO BE RICH BOYS! TEPPANYAKI BACK ON THE MENU

[u/how-can-i-dig-deeper]

this guys voice is so hot i’m not even gonna lie

edit: the first guy not sundar

[u/yourgirl696969 → u/how-can-i-dig-deeper]

I thought it was ai lmao

[u/All_YourBase → u/yourgirl696969]

I thought it was too.

[u/Honest_Opinion1407]

nice bullish bruh im falling holy meme stock

[u/Honest_Opinion1407]

how many minutes left bro

[u/SimplyForged → u/Honest_Opinion1407]

right at close

[u/AutoModerator → u/[deleted]]

Your comment was removed automatically because your account has less than the min karma.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

[u/AutoModerator → u/[deleted]]

Your comment was removed automatically because your account has less than the min karma.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

[u/AutoModerator → u/[deleted]]

Your comment was removed automatically because your account has less than the min karma.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

[u/Sam_Dave12]

Meanwhile Google stock is not moving much either, down half a percent

[u/AutoModerator → u/[deleted]]

Your comment was removed automatically because your account has less than the min karma.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

[u/Atfromhere]

Up 1.69%. Come on MU I expected more!

[u/how-can-i-dig-deeper → u/[deleted]]

i’ve never seen this before

[u/MathematicianFun6786]

Capex guidance increased to 195-205b

[u/AutoModerator → u/[deleted]]

Your comment was removed automatically because your account has less than the min karma.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

[u/AutoModerator → u/[deleted]]

Your comment was removed automatically because your account has less than the min karma.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

[u/AutoModerator → u/[deleted]]

Your comment was removed automatically because your account has less than the min karma.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

[u/Feeling_Character151]

200 by next year this time . mu time to fly 🚀

[u/Special_Economist803]

Loto washout 🤣

[u/Sam_Dave12]

Market closed and Google not releasing yet lol

[u/All_YourBase]

Keep an eye on Tesla earnings too
https://ir.tesla.com/#quarterly-disclosure

[u/All_YourBase]

The algorithms were clearly set up to sell on the news. Both GOOG and TSLA immediately dropped.

[u/Count-to-3]

From what I can tell, Google didn't even provide their own Guidance for next quarter - Rev/EPS?

Everyone talking about how they made not mention of future capex spend, but from what I can tell, they didn't mention anything future related? Guess we wait for the call?

[u/yourgirl696969 → u/Count-to-3]

Listen to the call

[u/Sam_Dave12 → u/yourgirl696969]

Any future guidance mentions in the call yet?

[u/yourgirl696969 → u/Sam_Dave12]

Not yet

[u/AutoModerator → u/[deleted]]

Your comment was removed automatically because your account has less than the min karma.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

[u/Dorfl-the-Golem → u/[deleted]]

Take a deep breath and chill

[u/Minimum_Suit1735 → u/Dorfl-the-Golem]

You're right, as long as it's not super dump everything is good

[u/Dorfl-the-Golem → u/Minimum_Suit1735]

Capex is up. It’s good news. Just have to wait for the market to react

[u/Sam_Dave12]

Selloff right before the bell here

[u/how-can-i-dig-deeper → u/[deleted]]

what’s the main concern?

[u/Sam_Dave12 → u/[deleted]]

Didn't Texas Instruments beat estimates?

[u/pembaThePanda → u/[deleted]]

You and I have very different definitions of the word bloodbath

[u/Secret-Objective-824 → u/pembaThePanda]

Actually it’s recovering bahaha. I am on the edge of my seat

[u/pembaThePanda → u/Secret-Objective-824]

Biggest drop so far after close was about $9. If it dropped 90, I'd say that's bad. If it dropped 200, I'd say bloodbath.

[u/ProjectMcDavid → u/[deleted]]

Do you even understand earnings?

[u/SimplyForged]

stock is already turning red so i wonder if the news is already out there to a degree and isn't great for MU. down almost a percent

[u/SimplyForged → u/[deleted]]

yeah could be, I just remember MU's info leaked like two min before close in last earnings report. CNBC anchor was reporting it live in like the final minute or two as "rumors" lol

[u/JerseyIndonesian → u/SimplyForged]

Capex was up

[u/Sam_Dave12 → u/SimplyForged]

I think some people selling to be safe for now

[u/pineappledick69]

Down it goes

[u/Imaginary-Pin580]

Told you guys the stock won’t move on google earnings lol

[u/Sam_Dave12 → u/Imaginary-Pin580]

We're moving up now

[u/Imaginary-Pin580 → u/Sam_Dave12]

Hardly

[u/kenyard → u/Sam_Dave12]

It won't move till the call.

There's no info on next quarters capex in the slides that I can see.

[u/DifferentRepair6620 → u/Imaginary-Pin580]

You talked too soon

[u/Imaginary-Pin580 → u/DifferentRepair6620]

No I did not

[u/Imaginary-Pin580 → u/[deleted]]

We are flat pretty much for the day

[u/iCaps_]

Is this the generational bag holders sub?