Tech Titans' Tumultuous Tumble

Friday 28th of March 2025 19:28:00

Digital Ad, Alphabet, Meta Platforms, Netflix Fell: Q1 Earnings Recap

The first quarter of 2025 has come to a close, and the tech world is still reeling from the mixed bag of earnings reports from some of the biggest players in the digital ad space. Digital Ad, Alphabet, Meta Platforms, and Netflix all reported their quarterly results, and the news wasn't all good.

Digital Ad, the company that owns and operates the popular digital ad platform, reported a decline in revenue of 10% year-over-year to $2.1 billion. The company cited a slowdown in demand from advertisers as the main reason for the decline.

Alphabet, the parent company of Google, reported a revenue decline of 12% year-over-year to $43.7 billion. The company's core search and advertising business saw a decline of 15% year-over-year, while its cloud computing business saw a revenue increase of 25%.

Meta Platforms, the company behind Facebook and Instagram, reported a revenue decline of 13% year-over-year to $25.9 billion. The company's advertising business saw a decline of 14% year-over-year, while its e-commerce and online marketplace saw a revenue increase of 10%.

Netflix, the popular streaming service, reported a decline in revenue of 2% year-over-year to $7.7 billion. The company cited a decline in subscriber growth as the main reason for the decline.

Overall, the earnings reports from these tech giants paint a mixed picture of the current state of the digital ad market. While some companies are seeing declines in revenue, others are still growing and thriving. As the market continues to evolve, it will be interesting to see how these companies adapt and respond to the changing landscape.