Google's Revenue Reaches Rp4.800 Trillion in 2023

Economics & Macro

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Adi Ahdiat 20/02/2024 13:47 WIB

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In 2023, Google's parent company reported total annual revenue of US$307.39 billion, or approximately Rp4,815.6 trillion.

Google Parent Company Revenue and Net Income (2022-2023)

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Google Parent Company Revenue and Net Income (2022-2023)

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Google's parent company, Alphabet, reported annual revenue of US$307.39 billion in 2023.

Converted to Indonesian Rupiah, this amounts to approximately Rp4,815.6 trillion (assuming an exchange rate of Rp15,666 per US$).

Alphabet's 2023 revenue increased by approximately 9% year-on-year (YoY).

In line with this, its net profit in 2023 also rose by 23% (YoY) to US$73.80 billion, or approximately Rp1,156.1 trillion.

In its latest financial report, Alphabet did not detail the composition of its annual revenue and profit sources.

Alphabet only detailed revenue sources for Q4 2023, with the largest share coming from Google Search (55.6%).

In Q4 2023, Alphabet also generated revenue from Google platform subscriptions (12.5%), YouTube ads (10.7%), Google Cloud (10.6%), Google Network (9.6%), and other sources (1%).

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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