Google Reveals YouTube’s Annual Revenue for the First Time: $15 Billion in 2019
Google’s parent company, Alphabet, announced its fourth quarter earnings today, and for the first time revealed how much ad revenue was generated from its subsidiary, YouTube.
YouTube saw $4.7 billion USD in revenue for Q4, and for 2019, saw $15.15 billion USD in ad revenue, up 36.5% compared to 2018, when $11.2 billion USD was generated. Alphabet says YouTube contributed 10% to Google’s overall revenue.
According to The Verge’s breakdown of Alphabet’s Q4 earnings, YouTube has over 20 million paying Premium and Music Premium subscribers.
Alphabet’s Q4 saw $46 billion USD in revenue, a 17% increase year-over-year, with $10.7 billion in net profit from the latter. Google search remains the company’s major moneymaker, making up $27.2 billion USD in revenue for the fourth quarter.