YouTube Delivers $8.1 Billion in Ad Revenue During Q1, a 20% Increase

The video platform beat Wall Street estimates of $7.7 billion, a 5% increase from predictions

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YouTube

YouTube delivered nearly $8.1 billion in ad revenue during its first quarter of 2024. The company revealed the figure during ALphabet’s first earnings call of the year.

That figure is an over 20% year-over-year jump from ad revenue in 2023. During the first quarter of 2023, ad revenue for YouTube was reported to be roughly $6.7 billion.

More to come ….

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Kayla Cobb

Kayla has covered the TV industry for more then seven years. Before joining TheWrap in April of 2023, she was the Senior TV Reporter at Decider, the New York Post’s entertainment vertical that focuses on the streaming industry. She was instrumental to the site’s growth, helping transform a fledging site to a respected name in…

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