The drop was attributed to reduced spending

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9 billion in the same period the previous year. from the crypto, mortgage, loan, and insurance subgroups, with customers cutting ad budgets due to inflation and economic instability. According to Alphabet, Google’s parent company, the most considerable losses were from Google Cloud and Other Bets. The latter lost $1.6 billion, an increase from a $1.29 loss experienced the previous year.


Google Cloud lost $699 million during this quarter, an increase from $644 founder email lists million in quarter three of 2021. Google Revenue Google Revenue - Is Google Profitable? Recent data suggests that Google earned the most revenue from ads in 2021. Out of its $256.74 billion in revenue, $148.95 was from search ads, including ads of Google Play, Google Maps, Gmail, and on the platform’s search engine results page.


Ads represented 58% of its overall revenue globally in 2022. Google Network ads were the company’s second-largest revenue source, generating $31.7 billion, representing 12.3% of the total revenue. This amount was inclusive of ads appearing on Google’s partner websites. YouTube’s ads were the third-largest income source for Google at $28.85, representing 11.2% of Google’s overall revenue. Content generated $28.03 billion in revenue, representing 10.