Despite gaining $6.23B in Q4 2023 Google's TTM revenues were flat QoQ
TechInsights' Digital Media Index (DMI) analyzes quarterly digital media revenue trends for 41 publicly traded companies across games, advertising, video, music, and social media. The Digital Media Index measures growth on both a quarterly and trailing twelve month (TTM) basis.
Digital media revenues grew by $20.03B in Q4 2022, up 9.7% QoQ, among companies tracked. Google saw the largest increase QoQ in Q4 2022, growing $6.23B, followed by Facebook ($4.45B), and Alibaba ($3.45B).
In terms of absolute revenues, Google remains the DMI leader, generating $75.32B in revenues during Q4 2022, followed by Facebook with $32.16B, and Apple with $20.76B.