I’m thrilled to share some exciting news from Microsoft Advertising. They’ve made a significant leap in Performance Max reporting by adding conversion and spend data to PMax placement reports. This means I now have a much clearer understanding of how my ad placements are performing, which is fantastic for optimizing my campaigns.
What’s happening. According to Microsoft Ads Product liaison Navah Hopkins, the PMax Website Publisher URL report now includes conversion and spend metrics. This update takes us beyond just seeing where our ads appear; it lets us see actual performance data in action.
This new visibility allows me to pinpoint exactly which placements are driving meaningful results, not just impressions or clicks. It’s a game-changer for understanding what really works.
Why we care. Having this level of detail means I can make smarter decisions about where to allocate my budget. It helps me scale successful inventory and eliminate waste, providing a stronger foundation to trust Performance Max’s capabilities with tangible data rather than estimates.
How advertisers can use it. This update opens several practical doors. I can leverage high-performing placements to shape my Audience Ads strategies, like building remarketing campaigns or targeting audiences based on successful inventory.
At the same time, I can spot placements that aren’t a good fit and exclude them using account-level URL exclusion lists. This not only protects brand safety but also boosts efficiency.

Between the lines. This development further enhances the transparency of automated campaigns. It’s evident that while automation handles much of the heavy lifting, platforms are keen on giving us advertisers clearer insights into what’s effective and where we need to intervene.
What to watch:
- Will this transparency extend even further in PMax reporting?
- How will advertisers balance the power of automation with manual tweaks?
- Could similar reporting features be rolled out across other platforms?
Bottom line. With access to precise conversion and spend data, Microsoft is transforming Performance Max from a black box into an actionable tool, inviting us to make informed decisions and achieve better results.
Inspired by this post on Search Engine Land.


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