Google's Revenue from YouTube ads has continued to climb
Google's Revenue from YouTube ads grew by around $4 billion
Google (NASDAQ: GOOGL) delivered strong revenue growth in 2019. Net revenue of Alphabet Inc, the parent company of Google reached around $162 billion, 18% growth compared to the previous year and 20% on a currency neutral basis. For the first time, the company has released the figures for YouTube ads. According to the company CFO, Ruth Porat, Google is now disclosing its revenue on a more granular basis including for Search, YouTube ads and Cloud. The non-advertising revenue of Google has also grown fast over the previous three years.
Check out Google's revenue from the YouTube ads from the following table:
Amounts are in millions.
|Year||YouTube ads Revenue|
The revenue of Google from YouTube ads grew by around $4 billion from 2018 to 2019, reaching $15.15 billion from $11.16 billion. During the last quarter of 2019, the company generated $4.72 billion from YouTube ads compared to $3.6 billion during the same period in 2018. Google's net revenue from advertising grew to $134.8 billion in 2019 compared to $116.5 billion in 2018.