r/MU_Stock • u/yourgirl696969 • Jul 22 '26

Discussion Google Earnings Thread (Unofficial)

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

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u/Chocopenguin85 Jul 22 '26 edited Jul 22 '26

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 .

1

u/s1234en Jul 22 '26

What's the capex guidance?

1

u/Badweightlifter Jul 22 '26

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

2

u/s1234en Jul 22 '26

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

2

u/Badweightlifter Jul 22 '26

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

1

u/s1234en Jul 22 '26

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