# Google stock plunges on search revenue miss

> Alphabet shares fall over 10% after Q3 results disappoint on search revenue and earnings, marking a historic post-earnings decline.
- Title: Google stock plunges on search revenue miss · Fastcompany
- Summary: Alphabet shares fall over 10% after Q3 results disappoint on search revenue and earnings, marking a historic post-earnings decline. Alphabet's stock fell…
- Keywords: alphabet, google, stock price, earnings, search revenue, wall street, ai chatbots, gemini, stock, plunges, search, revenue
- Source: Fastcompany — https://fastcompany.com/91632167/google-stock-historic-post-earnings-slide-why-goog-falling
- Read time: 1 min
- Topics: alphabet, google, stock price, earnings, search revenue, wall street, ai chatbots, gemini
## Alphabet shares crater after earnings
Shares of Alphabet Inc., Google's parent company, fell more than 10% after the company reported disappointing third-quarter results yesterday. The decline could mark the largest one-day post-earnings loss in Google's history.
## Q3 results covered September quarter
Alphabet announced its third-quarter twenty twenty-six results yesterday, covering the three-month period that ended on September thirty. The company tried to present the results as positively as possible.
## Revenue growth masks disappointment
Consolidated revenue increased 25% to one hundred twenty-seven point six billion dollars. Google Cloud revenue jumped 103%. Gemini app users crossed one billion, making it the fastest-growing product in company history.
## Search revenue falls short of expectations
Google's revenue of one hundred twenty-seven point fifty-eight billion dollars came in below Wall Street expectations of one hundred twenty-eight point twenty-two billion dollars. Search revenue, Google's traditional bread and butter, was below expectations.
## Earnings per share disappoints investors
Google's adjusted earnings per share was two dollars and sixty-seven cents. Wall Street was expecting three dollars and two cents. The miss fueled investor concerns about disruption from AI chatbots.
## Stock sinks after announcement
After Alphabet announced Q3 results after the closing bell yesterday, GOOG shares sank more than 10%. That loss extended to premarket trading this morning and may continue through today's close.
## Historic decline if losses hold
If the stock price decline holds through the closing bell today, it will be the largest one-day post-earnings stock price fall in Google's history. The drop reflects investor alarm over search revenue weakness.
## Key takeaway

Alphabet's stock fell more than 10% after third-quarter results missed Wall Street expectations on search revenue and earnings per share, potentially marking the largest one-day post-earnings drop in Google's history.