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Alphabet misses Wall Street estimates despite YouTube revenue growth

Outlets agree that Alphabet missed third-quarter financial expectations despite YouTube advertising revenue growing to $11.2 billion.

Reviewed by Emmanuel Nyame
Oct 28, 2026 · 5 sources · 1 min read
white and blue glass walled building
Illustrative photo · Kenrick Baksh / Unsplash

At a glance

  • Alphabet missed Wall Street financial targets for the third quarter.25
  • YouTube ad revenue grew 9% year-over-year to $11.2 billion.25

Alphabet reported its third-quarter financial earnings for 2026.235

The technology company failed to meet Wall Street expectations for the quarter.25

YouTube advertising revenue increased 9% over the previous year to reach $11.2 billion.245

Where sources agree

  • Alphabet missed Q3 Wall Street expectations2 of 5
  • YouTube ad revenue reached $11.2 billion3 of 5

Who covered this

5 National

Sources

  1. 1CNBCAlphabet's free cash flow sinks further, Q3 capex expectations miss in worrying sign for AI trade ↗
  2. 2DeadlineYouTube Ad Revenue Rises 9% But Parent Alphabet Misses Wall Street’s Q3 Targets; Stock Drops ↗
  3. 3The VergeGoogle says its investments in AI are driving more searches ↗
  4. 4The Hollywood ReporterYouTube Premium and Music Subscribers Pass 150 Million as Ad Revenue Tops $11 Billion in Q3 ↗
  5. 5VarietyYouTube Q3 Ad Revenue Growth Slows, Rising 9% to $11.2 Billion, as Alphabet Misses Earnings Estimates ↗

Based on reporting from these reputable newsrooms and reviewed by Orbit’s editors. A fact appears only when at least two sources report it. Orbit is not affiliated with these publishers.

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