news in 60 seconds
← Back to home
Business

YouTube Ad Revenue Surpasses $11 Billion in Q2, Boosting Alphabet's Results

YouTube generated over $11 billion in advertising revenue during the second quarter of 2026, a 13% increase compared to the same period last year. The strong performance helped parent company Alphabet exceed Wall Street expectations. Alphabet reported total revenue of $119.8 billion for the quarter, up 24% year-over-year, while earnings per share rose significantly to $9.11. Both figures surpassed analyst forecasts. The FIFA World Cup contributed to YouTube's success, driving 1.7 billion views on the platform, according to Alphabet's CEO. The video platform continues to be a major driver of growth for the tech giant. Advertising remains YouTube's primary revenue source, with brands increasing spending on digital video. Alphabet's overall results were bolstered by the strong ad market and increased viewership during major events. The company did not provide specific guidance for the next quarter but expressed confidence in its advertising business.

Sources: Deadline, Hollywood Reporter
This summary was written by AI from the source reports listed above. It may contain errors. Please check the original source before relying on it. Spotted something wrong? Email auditor@trendingwire.news and we will correct or remove it.
More in Business
Business17 min ago
Chile aims to find new copper buyers with $100 billion plan
Chile, the world’s top copper producer, is looking to expand its customer base beyond China. The country’s foreign minister, Francisco Perez Mackenna, announced
SCMP
Business1 hr ago
IBM Cuts Annual Forecast, Eyes AI to Boost Productivity
IBM has lowered its full-year financial forecast after issuing a warning about its earnings. The company is now focusing on improving productivity through artif
CNBC
Business3 hr ago
Lithium Producers Expand Processing Plant in Australia
Two major companies are investing in a new lithium processing facility in Western Australia, betting that demand for electric vehicle batteries will rise in the
Rio Times
Business3 hr ago
EU Approves $111 Billion Paramount-Warner Bros. Discovery Merger
The European Commission has approved the merger of Paramount Skydance and Warner Bros. Discovery, clearing one of the last major regulatory hurdles for the $111
Hollywood Reporter, Variety, Deadline
Business5 hr ago
Bancolombia Posts Strong First-Quarter Profit After Slow Start
Colombian bank Bancolombia has reported a sharp turnaround in its first-quarter earnings, following a weak start to the year. The bank's normalized net income f
Rio Times
Business6 hr ago
Billionaires' Wealth Surges as Others Struggle with Rising Costs
A recent analysis shows that billionaires around the world are accumulating wealth at a rapid pace, even as many ordinary people face financial hardship. The ga
Al Jazeera