Alphabet Inc disclosed YouTube ad revenue. Before that exact numbers was not disclosed because YouTube revenue felt under “other areas of revenue”. According to financial report for fiscal year 2019 (year ended December 31, 2019) YouTube is a profitable part of Alphabet Company.
Financial data for 2017, 2018, 2019 years:
- In 2017 ad revenue was $8 billion.
- In 2018 ad revenue was $11 billion.
- In 2019 ad revenue reached $15.149 billion.
Just in two years YouTube ads revenue grown by 86% because popularity of YouTube rapidly grow. Alphabet, Google’s parent company, purchased YouTube in 2006 for $1.65 billion. YouTube’s revenue disclosed but YouTube’s net profit not yet disclosed. In the earnings report for 2019 fiscal year YouTube ads comprised about 9% of Company’s total revenue. YouTube’s ad figures does not include non advertising revenue.