I created a google takeout and in that zip file I found some files containing a ton of data about me. It has logged every single page I visited while using the google search engine and chrome browser. It even logged every single time I opened an app on my old android phone. It even has VOICE RECORDINGS of me and a log of every time I used google assistant. This is just some of the data and I’m very sure there is even more data they have.
Pretty certain these things have razor thin margins, if any.
You’re supporting them MUCH more by giving them your data. According to Proton the average Google user is worth ~$400/year.
Pixel phones are mostly designed to be flagship Android experiences, not generate hardware revenue.