Google Earns More Annual Advertising Dollars Than Any Other U.s.
According to a report, Google's biggest source of income is advertising revenue, amounting to $224.47 billion in 2022, a 7.2% increase from the previous year. This includes revenue from Google Network ads, which made up 11.7% of the total and YouTube ads, totaling $7.95 billion in 2022. Google's ad revenue has consistently increased, making up more than 80% of parent company Alphabet's total revenue. In Q1 of 2021, Google's ad revenue was $54.5 billion, and it continued to rise to $59.65 billion in the next quarter. This continual growth in advertising revenue has solidified Google's position as the market leader.
True. Google earns more annual advertising dollars than any other U.S. media company.
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