How Much Money Does Google Make a Year? (It’s A Lot)
We all know that Google, or its parent company Alphabet, is one of the digital giants making an astonishing amount of money. But exactly how much money does Google make a year? And are they spending it wisely?
How much profit does Google make in a year?
The annual gross profit for Google’s parent company Alphabet has been increasing year-on-year, achieving heights that are almost incomprehensible to the average person.
In 2019, their total revenue was $161.857 billion, up from $136.82 billion in 2018. Their gross profit was a whopping $89.96 billion. This is all despite coming under increasing pressure from regulators and being hit by a €1.49 billion fine from the European Commission for illegal misuse of its dominant position and breaching EU antitrust rules…