Alphabet’s Q3 2026 results do not report Waymo’s revenue or operating loss separately. For the quarter ended September 30, Alphabet reported $372 million in revenue and a $2.047 billion operating loss for its Other Bets segment. The company released the results on October 28.
What Other Bets’ results show
Other Bets revenue increased year over year, but its operating loss grew by more. The segment’s figures cover Waymo and other businesses, including Isomorphic Labs.
| Measure | Q3 2025 | Q3 2026 | Year-over-year change |
| Revenue | $344 million | $372 million | Up 8.1% |
| Operating loss | $1.426 billion | $2.047 billion | Loss magnitude up 43.5% |
The figures describe the whole segment, so its operating loss cannot be assigned to Waymo alone. The results show that higher segment revenue coincided with a wider operating loss, but they do not reveal Waymo’s individual financial performance.
Waymo’s reported operating scale
On Alphabet’s October 28 earnings call, CEO Sundar Pichai said Waymo had driven more than 300 million fully autonomous miles and operated in 15 major U.S. cities. He said public service had recently opened in San Antonio, San Diego and Tampa.
Pichai also named Canada, Germany, Singapore and Spain as planned expansion markets. NeoTeo previously covered Waymo’s plans in Madrid.
Waymo said it closed a $5 billion term loan in October, describing it as the company’s first debt financing. Waymo called the financing a step toward scaling its commercial business.
