Alphabet Inc.

• Other income reflected a net gain of $37.7 billion, primarily the result of net unrealized gains on our non-marketable equity securities.

• The company announced a 5% increase to the dividend, resulting in a quarterly cash dividend of $0.22.

Sundar Pichai, CEO of Alphabet and Google, said: “2026 is off to a terrific start. Our AI investments and full stack approach are lighting up every part of the business. Search had a strong quarter with AI experiences driving usage, queries at an all time high, and 19% revenue growth. Google Cloud revenues grew 63% with backlog nearly doubling quarter on quarter to over $460 billion. This was our strongest quarter ever for our consumer AI plans, driven by the Gemini App. Overall the number of paid subscriptions has now reached 350 million, with YouTube and Google One being the key drivers. Gemini Enterprise has great momentum with 40% quarter on quarter growth in paid monthly active users. And, finally, I’m pleased to see Waymo surpass 500,000 fully autonomous rides a week.

Additional Information Relating to the Quarter Ended March 31, 2026 (unaudited)

Issuance of Senior Unsecured Notes In the first quarter of 2026, we issued senior unsecured notes for net proceeds of $31.1 billion, to be used for general corporate purposes.

Webcast and Conference Call Information A live audio webcast of our first quarter 2026 earnings release call will be available on YouTube at https://www.youtube.com/watch?v=LPJoiDiVkTI. The call begins today at 1:30 PM (PT) / 4:30 PM (ET). This press release, including the reconciliations of certain non-GAAP measures to their nearest comparable GAAP measures, is also available at http://abc.xyz/investor.

We also provide announcements regarding our financial performance, including SEC filings, investor events, press and earnings releases, and blogs, on our investor relations website (http://abc.xyz/investor).