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Google CEO Sundar Pichai unveiling Anthos at Google Cloud Next 2019 Alphabet
Google CEO Sundar Pichai unveiling Anthos at Google Cloud Next 2019

Google Breaks Out YouTube, Cloud Revenue for First Time

On the cloud side, business has more than doubled since 2017, to $8.9 billion from $4.1 billion.

Mark Bergen (Bloomberg) -- In a monumental move for Wall Street, Alphabet Inc.’s Google has broken out YouTube and Cloud revenue for the first time. YouTube made $15.15 billion in 2019 and Cloud $8.92 billion, the company said Monday in its earnings release.

YouTube revenue nearly doubled from 2017, when it was $8.15 billion, according to the statement. Some investors had pegged overall YouTube sales for 2019 as high as $20 billion, but they will welcome the disclosure none the less. The YouTube figures are for advertising; non-ad sales, like subscriptions to its paid service, are included in the “other revenue” section.

On the cloud side, business has more than doubled since 2017, to $8.9 billion from $4.1 billion. That’s a good performance, though Google still trails the market leader, Amazon Web Services.

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