Financial Tables
Full year Financial Tables with
2009,
2008,
2007,
2006,
2005,
2004,
2003 quarterly data.
Income Statement
(Figures in thousands, except per share amounts and EPS)
| Revenues
| 439,508
| 1,465,934
| 3,189,223
| 651,623
| 700,212
| 805,887
| 1,031,501
|
| Y/Y Growth Rate
| 409%
| 234%
| 118%
| 162%
| 125%
| 105%
| 101%
|
| Q/Q Growth Rate
| NA
| NA
| NA
| 27%
| 7%
| 15%
| 28%
|
| Google web sites
| 306,978
| 792,063
| 1,589,032
| 303,532
| 343,442
| 411,671
| 530,388
|
| Y/Y Growth Rate
| 359%
| 158%
| 101%
| 92%
| 88%
| 99%
| 118%
|
| Q/Q Growth Rate
| NA
| NA
| NA
| 24%
| 13%
| 20%
| 29%
|
| Google Network web sites
| 103,937
| 628,600
| 1,554,256
| 333,752
| 346,226
| 384,285
| 489,993
|
| Y/Y Growth Rate
| NA
| 505%
| 147%
| 311%
| 194%
| 120%
| 92%
|
| Q/Q Growth Rate
| NA
| NA
| NA
| 31%
| 4%
| 11%
| 28%
|
| Total Advertising Revenues
| 410,915
| 1,420,663
| 3,143,288
| 637,284
| 689,668
| 795,956
| 1,020,381
|
| Y/Y Growth Rate
| 514%
| 246%
| 121%
| 167%
| 129%
| 109%
| 104%
|
| Q/Q Growth Rate
| NA
| NA
| NA
| 28%
| 8%
| 15%
| 28%
|
| Licensing & other revenues
| 28,593
| 45,271
| 45,935
| 14,339
| 10,544
| 9,931
| 11,121
|
| Y/Y Growth Rate
| 47%
| 58%
| 1%
| 51%
| 0%
| -19%
| -14%
|
| Q/Q Growth Rate
| NA
| NA
| NA
| 10%
| -26%
| -6%
| 12%
|
| As % of Revenues
|
|
|
|
|
|
|
|
| Google web sites
| 70%
| 54%
| 50%
| 47%
| 49%
| 51%
| 51%
|
| Google Network web sites
| 24%
| 43%
| 49%
| 51%
| 49%
| 48%
| 48%
|
| Licensing & other revenue
| 6%
| 3%
| 1%
| 2%
| 2%
| 1%
| 1% |
| Cost of Revenues*
| 132,575
| 634,411
| 1,468,967
| 320,474
| 328,923
| 364,095
| 455,475
|
| As % of Revenues
| 30%
| 43%
| 46%
| 49%
| 47%
| 45%
| 44%
|
| Traffic Acquisition Cost
| 94,457
| 526,533
| 1,228,677
| 271,002
| 277,034
| 302,932
| 377,708
|
| As % of Revenues
| 21%
| 36%
| 39%
| 42%
| 40%
| 38%
| 37%
|
| Other Cost of Revenues*
| 38,118
| 107,878
| 240,290
| 49,472
| 51,889
| 61,163
| 77,767
|
| As % of Revenues
| 9%
| 7%
| 8%
| 8%
| 7%
| 8%
| 8%
|
| Research & Development*
| 40,494
| 229,605
| 395,164
| 81,284
| 91,598
| 99,529
| 122,752
|
| As % of Revenues
| 9%
| 16%
| 12%
| 12%
| 13%
| 12%
| 12%
|
| Sales & Marketing*
| 48,783
| 164,935
| 295,749
| 62,050
| 70,208
| 77,092
| 86,399
|
| As % of Revenues
| 11%
| 11%
| 9%
| 10%
| 10%
| 10%
| 8%
|
| General & Administrative*
| 31,190
| 94,519
| 188,151
| 32,492
| 38,525
| 53,059
| 64,076
|
| As % of Revenues
| 7%
| 6%
| 13%
| 5%
| 6%
| 7%
| 6%
|
| Settlement of dispute with Yahoo!
| NA
| NA
| 201,000
| NA
| NA
| 201,000
| NA
|
| As % of Revenues
| NA
| NA
| 6%
| NA
| NA
| 25%
| NA
|
| Contribution to Google Foundation
| NA
| NA
| NA
| NA
| NA
| NA
| NA
|
| As % of Revenues
| NA
| NA
| NA
| NA
| NA
| NA
| NA
|
| Total Costs & Expenses*
| 253,042
| 1,123,470
| 2,549,031
| 496,300
| 529,254
| 794,775
| 728,702
|
| Y/Y Growth Rate
| 235%
| 344%
| 127%
| 203%
| 156%
| 143%
| 71%
|
| Q/Q Growth Rate
| NA
| NA
| NA
| 17%
| 7%
| 50%
| -8% |
| Income from operations
| 186,466
| 342,464
| 640,192
| 155,323
| 170,958
| 11,112
| 302,799
|
| As % of Revenues
| 42%
| 23%
| 20%
| 24%
| 24%
| 1%
| 29%
|
| Net Income
| 99,656
| 105,648
| 399,119
| 63,973
| 79,063
| 51,983
| 204,100
|
| As % of Revenues
| 23%
| 7%
| 13%
| 10%
| 11%
| 6%
| 20%
|
| EPS (As reported)
|
|
|
|
|
|
|
|
| Basic
| $ 0.86
| $ 0.77
| $ 2.07
| $ 0.42
| $ 0.51
| $ 0.25
| $ 0.78
|
| Diluted
| $ 0.45
| $ 0.41
| $ 1.46
| $ 0.24
| $ 0.30
| $ 0.19
| $ 0.71
|
| Number of Shares ('000)
|
|
|
|
|
|
|
|
| Basic
| 115,242
| 137,697
| 193,176
| 151,084
| 155,441
| 205,007
| 261,172
|
| Diluted
| 220,633
| 256,638
| 272,781
| 264,183
| 266,263
| 274,735
| 285,944 |
Balance Sheet & Cash Flow Statement
(Figures in thousands, except per share amounts and EPS)
| Cash & Marketable Securities
| 146,331
| 334,718
| 2,132,297
| 454,888
| 548,687
| 1,858,356
| 2,132,297
|
| Accounts Receivable
| 61,994
| 154,690
| 311,836
| 179,505
| 191,187
| 233,057
| 311,836
|
| DSO (in days, using ending AR)
| 51
| 39
| 36
| 25
| 25
| 26
| 28
|
| Property and equipment, net
| 53,873
| 188,255
| 378,916
| 253,006
| 320,718
| 362,609
| 378,916
|
| Total Assets
| 286,892
| 871,458
| 3,313,351
| 1,079,454
| 1,328,022
| 2,888,518
| 3,313,351
|
| Cash Flow from Operations
| 155,265
| 395,445
| 977,044
| 208,045
| 162,559
| 238,343
| 368,097
|
| Capital Expenditures
| 37,198
| 176,801
| 318,995
| 86,037
| 96,246
| 77,632
| 59,080 |
Supplemental Information
(Figures in thousands, except per share amounts and EPS)
| Stock-based compensation
| 21,635
| 229,361
| 278,746
| 76,473
| 74,761
| 67,981
| 59,531
|
| Int'l revenues as % of Total Revenues
| 22%
| 29%
| 34%
| 31%
| 31%
| 35%
| 35%
|
| Ending Permanent Headcount
| 682
| 1,628
| 3,021
| 1,907
| 2,292
| 2,668
| 3,021
|
| Sequential Headcount Growth Rate
| 140%
| 139%
| 86%
| 17%
| 20%
| 16%
| 13% |
* Includes stock-based compensation charges
