(Updates with 2026 capex outlook, share movement in the fifth and sixth paragraphs.)
Alphabet (GOOG, GOOGL) reported Q4 earnings late Wednesday of $2.82 per diluted share, up from $2.15 a year earlier.
Analysts polled by FactSet expected $2.63.
Revenue for the quarter ended Dec. 31 was $113.83 billion, up from $96.47 billion a year earlier.
Analysts surveyed by FactSet expected $111.33 billion.
For 2026, the company said it expects capital expenditures of $175 billion to $185 billion, compared with 2025 capital expenditures of about $75 billion that was expected in Q4 2024.
Alphabet shares were down 2.4% in premarket trade Thursday.
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