Google just had its first negative cash flow quarter due to massive AI spending

Organization: Ryan Whitwam

Location: Global

Source: Ryan Whitwam

Google has reported its financial results for the second quarter of 2026 ( PDF ), and as usual, the search giant raked in an unfathomable amount of money. Google saw total revenue of $119.8 billion, beating analyst expectations by a comfortable margin. Despite that, the company’s stock has taken a hit. Along with all that revenue, Google has announced a further increase in its AI-fueled capital expenditures (or capex). The company is actually spending so much on AI infrastructure that it has …

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