Google Ads adds ‘Share of Cost’ toggle to PMax reporting

Google Ads is rolling out a new Cost Slider in Performance Max (PMax) campaign reporting, giving advertisers visibility into how much of their spend is going to each channel.

Why we care. This toggle surfaces Share of Cost data – the percentage of total PMax spend each network or placement consumes – offering advertisers a clearer path to optimizing spend.

How it works. Flip the Cost Slider on, and Google calculates and displays each channel’s share of total campaign spend.

The feature was first spotted and shared by Thomas Eccel, head of Google Ads at JvM IMPACT, via LinkedIn.

The upside. Eccel outlined three main benefits:

  1. Cost transparency: See exactly how budget is distributed across channels.
  2. Optimization insights: Compare spend share with conversion share to flag channels overspending without returns.
  3. Scaling opportunities: Spot underfunded, high-ROAS placements and push for incremental conversions.

The big picture. When first introduced, PMax was criticized for its “black box” nature. This toggle update, and several other updates released this year, look to be working to quieten those assumptions. A simple toggle that breaks out channel-level spend could help advertisers make smarter, data-driven decisions.


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Anu AdegbolaAnu Adegbola

Anu Adegbola has been Paid Media Editor of Search Engine Land since 2024. She covers paid search, paid social, retail media, video and more. In 2008, Anu’s career started with delivering digital marketing campaigns (mostly but not exclusively Paid Search) by building strategies, maximising ROI, automating repetitive processes and bringing efficiency from every part of marketing departments through inspiring leadership both on agency, client and marketing tech side. Outside editing Search Engine Land article she is the founder of PPC networking event – PPC Live and host of weekly podcast PPC Live The Podcast.
She is also an international speaker with some of the stages she has presented on being SMX (US, UK, Munich, Berlin), Friends of Search (Amsterdam, NL), brightonSEO, The Marketing Meetup, HeroConf (PPC Hero), SearchLove, BiddableWorld, SESLondon, PPC Chat Live, AdWorld Experience (Bologna, IT) and more.

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