Google Cloud grows 82% last quarter, putting Amazon and Microsoft investors on notice

Google Cloud's revenue jumped 82% year-over-year to $24.8 billion in the second quarter of 2026, significantly outpacing growth rates from its major competitors. Amazon Web Services expanded at 37% and Microsoft Azure at 43% during the same period, marking a notable shift in cloud infrastructure market momentum. The acceleration positions Google as an increasingly competitive force in enterprise cloud services, a sector traditionally dominated by AWS.

• Google Cloud's growth rate more than doubles those of AWS and Azure, signaling accelerating market share gains in infrastructure services.
• The $24.8 billion quarterly haul reflects sustained demand for Google's cloud offerings, particularly among enterprises evaluating multi-cloud strategies.
• Investor attention is shifting toward growth trajectories in cloud, with Google's expansion putting pressure on established leaders to defend their market positions.