Can the Rest of the Mag 7 Reach the Google-Level Greatness Shown Last Quarter?

By Joel South Published May 6, 8:00AM EDT

Quick Read

Alphabet (GOOGL) set a new Mag 7 benchmark with a 94% EPS surprise to $5.11, revenue of $109.9B (+22% YoY), and Google Cloud growth of 63%, while Microsoft (MSFT) came closest among peers with Azure up 40% and AI revenue of $37B (+123% YoY), and NVIDIA (NVDA) matched on growth with revenue of $68.13B (+73% YoY) and Data Center up 75%.
NVIDIA is positioned as the only other Mag 7 company with a realistic shot at matching Google’s performance bar in 2026, as AI infrastructure demand accelerates and hyperscalers race to scale generative AI capabilities.

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Can the Rest of the Mag 7 Reach the Google-Level Greatness Shown Last Quarter? — © Hryshchyshen Serhii / Shutterstock.com

Alphabet (NASDAQ:GOOGL | GOOGL Price Prediction) just rewrote what a Mag 7 quarter is supposed to look like. EPS of $5.11 against a $2.63 estimate, a 94% surprise, paired with revenue of $109.90B (+22% YoY) and Google Cloud growth of 63%. The stock has rallied 30% in the past month, validating the report. That is the bar. Below, we count down the five remaining Mag 7 names whose most recent quarters came closest to clearing it.

Spoiler: None fully matched the trifecta of headline beat, growth and cloud acceleration, but a few got within shouting distance.

5. Tesla

Tesla (NASDAQ:TSLA)‘s Q1 looked solid on the surface and thin underneath. Non-GAAP EPS of 41 cents beat the 35-cent estimate by 14%, and revenue of $22.387 billion squeaked past by 0%, growing 16% YoY. Auto gross margin expanded impressively to 21% from 16%, and FSD subscriptions hit 1.28 million (+51%). The problem: net income of just $477 million (+17%) and energy revenue down 12%. With a P/E around 389x, this is execution priced for perfection. It misses Google’s bar on every dimension that matters.

4. Apple

Apple (NASDAQ:AAPL) delivered a clean, boring beat. EPS of $2.01 vs $1.94 estimated, the eighth consecutive beat. Revenue hit $111.184 billion, up 17% YoY, with iPhone revenue of $56.994 billion setting a March quarter record and Services hitting an all-time high of $30.976 billion. CEO Tim Cook called it “our best March quarter ever” with double-digit growth across every geographic segment. Capital return continued via a 4% dividend hike and a fresh $100 billion buyback. But a 3.61% surprise and 17% growth, however reliable, isn’t Google-level greatness. Steady execution rather than spectacular.

3. Meta

Meta (NASDAQ:META) posted the loudest headline. EPS of $10.44 vs $6.66 estimated, a 57% surprise and the fifth consecutive beat, with revenue of $56.311 billion, up 33% YoY. The catch: an $8.03 billion tax benefit added $3.13 per share, doing most of the heavy lifting. The market punished the raised 2026 capex guide of $125 to $145 billion, and shares are down 10% on the week. CEO Mark Zuckerberg framed it as “a milestone quarter with strong momentum across our apps and the release of our first model from Meta Superintelligence Labs.” Strong fundamentals, but the EPS trophy has an asterisk.

2. Microsoft

Microsoft (NASDAQ:MSFT) is the cleanest comp to Google. EPS of $4.27 vs $4.07, a 5% beat and the 4th straight. Revenue of $82.886 billion, up 18% YoY. Intelligent Cloud grew 30%, with Azure up 40%. The eye-popper: CEO Satya Nadella saying “Our AI business surpassed an annual revenue run rate of $37 billion, up 123% year-over-year.” Backlog tells the forward story: Commercial RPO of $627 billion, nearly doubled. The gap to Google: a 4.9% surprise lacks the shock value of 94%, and Azure +40% trails Cloud +63%. Still, this is the most directly comparable hyperscaler earnings report in the group.

1. NVIDIA

NVIDIA (NASDAQ:NVDA) wins on raw growth physics. Q4 FY2026 revenue of $68.13 billion, up 73% YoY, with Data Center revenue of $62.31 billion (+75%) and Networking up 263%. Net income of $42.96 billion (+94%) and free cash flow of $34.90 billion. Q1 FY2027 guidance pointed to roughly $78 billion. CEO Jensen Huang’s framing was vintage: “Computing demand is growing exponentially. The agentic AI inflection point has arrived.” Reddit is leaning in, with sentiment peaking at 82-83 (Very Bullish) post-earnings. The one ding: a 7% EPS surprise doesn’t match Google’s 94%. But on growth, scale, and forward visibility, NVIDIA is the only Mag 7 name with a credible claim to operating in Google’s tier of greatness this cycle.

Did Anyone Match the Bar?

Short answer: no, not cleanly. Google’s quarter combined a 94% EPS surprise, 22% revenue growth, and 63% Cloud acceleration, plus Gemini processing 16 billion tokens per minute and Cloud backlog over $460 billion. NVIDIA matches on growth velocity, Microsoft matches on AI run rate and backlog quality, Meta matches on headline EPS only with a tax assist, Apple matches on durability, and Tesla simply doesn’t enter the conversation. Keep an eye on NVIDIA’s next earnings report as the only realistic shot at clearing Google’s bar in 2026.

About the Author Joel South →

Joel South covers large-cap stocks, dividend investing, and major market trends, with a focus on earnings analysis, valuation, and turning complex data into actionable insights for investors.

He brings more than 15 years of experience as an investor and financial journalist, including 12 years at The Motley Fool, where he served as an investment analyst, Bureau Chief, and later led the Fool.com investing news desk. He has also co-hosted an investing podcast and appeared across TV and radio discussing market trends.