Even Googles $120 billion earnings couldn’t out-pace its AI spend
Google made nearly $120 billion in earnings last quarter. Somehow, that still was not enough to cover what the company is pouring into AI. This Tweet is currently unavailable. It might be loading or has been removed. Alphabet, Google’s parent company, announced Wednesday, July 22, that it recorded negative free cash flow of $5.9 billion for the second quarter of 2026, marking the first time that figure has fallen below zero since the company went public. Google generated $39.1 billion in operating cash flow, but spent $44.9 billion on capital projects, with most of the money going toward the servers, data centers, and networking equipment needed to support its AI products . This Tweet is currently unavailable. It might be loading or has been removed. To be clear, Google is still making plenty of money. In the Q2 2026 earnings report , the company disclosed $119.8 billion in quarterly revenue, a 24 percent increase from the same period la...