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Greenskeeper Asset Management: Alphabet (GOOG) Q2 2026 Search revenue up nearly 20% driven by AI, Cloud margins hit 33%
svmuu.com04/08/2026 12:52
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Greenskeeper Asset Management stated in its Q2 2026 investor letter that Alphabet (GOOG) saw its Search revenue grow nearly 20% in the most recent quarter, driven by AI integration, including AI Overviews and AI mode. The firm noted that the Cloud division's operating margins expanded to 33% and its backlog nearly doubled, highlighting robust demand and expanding operating leverage.
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