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YouTube Ad Revenue Hits Record $11.38 Billion in Q4, but Falls Short of Expectations

YouTube's revenue growth stems from advertising, subscriptions, and AI-driven creator tools; Shorts averages 200 billion daily views, parent Alphabet reported.

Summary by Variety
YouTube had its biggest-ever ad sales to date for Q4 2025, but revenue of $11.38 billion came in under Wall Street forecasts.

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Variety broke the news in Los Angeles, United States on Wednesday, February 4, 2026.
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