Alphabet (GOOGL.US) Q3 cloud revenue surged 103% year-over-year; free cash flow turned negative from positive; stock plunged over 11% after hours.

Zhitong Finance APP has learned that after the U.S. stock market closed on Wednesday, Google parent company Alphabet (GOOGL.US, GOOG.US) released its third-quarter 2026 financial report. After the report was published, Google's stock price plunged more than 11% in after-hours trading. Data showed that the company's revenue for the quarter reached $127.577 billion, up 25% year over year, marking the 13th consecutive quarter of double-digit growth; GAAP net profit was $26.468 billion, down about 24% from $34.979 billion in the same period last year; net profit attributable to common shareholders was $26.170 billion, down about 25% year over year; diluted earnings per share were $2.12, lower than $2.87 in the same period last year, down about 26% year over year.