Google ad revenue grows 19%

Google's ad revenue grew 19% over the second quarter of the year to $19.1bn (£14.5bn) compared with the same period last year.

Google ad revenue grows 19%

Total revenue made by Google rose 21% to $21.3bn from $17.6bn, as reported by its parent company Alphabet in its latest financial results.

Operating income from Google hit $7bn, up from $5.6bn over the three months to 30 June in 2015.

Google websites made $15.4bn, a 24% year-on-year increase from $12.4bn.

Paid clicks on Google websites increased 37% year on year during the second quarter, a huge leap from Q1 when there was a 9% rise compared with Q1 in 2015. Aggregated paid clicks grew 29%.

Alphabet reported a 21% year-on-year revenue growth to $21.5bn (£1.6bn) from $17.7bn for the second quarter of 2016.

Ruth Porat, chief financial officer at Alphabet, said: "Our terrific second quarter results, with 21% revenue growth year on year, and 25% on a constant currency basis reflect the successful investments we've made over many years in rapidly expanding areas such as mobile and video. We continue to invest responsibly in support of our many compelling opportunities."

Become a member of Campaign from just £46 a quarter

Get the very latest news and insight from Campaign with unrestricted access to campaignlive.co.uk plus get exclusive discounts to Campaign events

Looking for a new job?

Get the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.

Create an Alert Now
Share

1 Is John Lewis losing its retailing crown?

Following a series of news stories highlighting issues such as job cuts and payments below the minimum wage, is the shine coming off John Lewis? Or is this simply a readjustment process that any major retailer might have to endure to emerge stronger?

Making media fun again: why we must free our industry from outdated models
Shares0
Share

1 Making media fun again: why we must free our industry from outdated models

The industry needs an audience-first media revolution that balances brand and outcomes, writes Mindshare's global chief executive.