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GOOG Valuation after Q2'26 Earnings

Google crushed earnings, but capex is still high and free cash flow may suffer

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Bearded Investor
Aug 11, 2026
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Google reported Q2 ‘26 earnings after the bell a few weeks ago and the stock fell on the results. The stock fell +6% post earnings after the news on amazing Google Cloud growth but a raise in AI capital expenditures. Here are some more highlights from the quarter.

GOOG 0.00%↑ has been shipping their AI products with accelerated speed taking control of the narrativ…

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