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
| 1,465,934
| 3,189,223
| 6,138,560
| 1,256,516
| 1,384,495
| 1,578,456
| 1,919,093
|
| Y/Y Growth Rate
| 234%
| 118%
| 92%
| 93%
| 98%
| 96%
| 86%
|
| Q/Q Growth Rate
| NA
| NA
| NA
| 22%
| 10%
| 14%
| 22%
|
| Google web sites
| 792,063
| 1,589,032
| 3,377,061
| 656,997
| 737,172
| 884,679
| 1,098,213
|
| Y/Y Growth Rate
| 158%
| 101%
| 113%
| 116%
| 115%
| 115%
| 107%
|
| Q/Q Growth Rate
| NA
| NA
| NA
| 24%
| 12%
| 20%
| 24%
|
| Google Network web sites
| 628,600
| 1,554,256
| 2,687,942
| 584,115
| 630,242
| 675,012
| 798,573
|
| Y/Y Growth Rate
| 505%
| 147%
| 73%
| 75%
| 82%
| 76%
| 63%
|
| Q/Q Growth Rate
| NA
| NA
| NA
| 19%
| 8%
| 7%
| 18%
|
| Total Advertising Revenues
| 1,420,663
| 3,143,288
| 6,065,003
| 1,241,112
| 1,367,414
| 1,559,691
| 1,896,786
|
| Y/Y Growth Rate
| 246%
| 121%
| 93%
| 95%
| 98%
| 96%
| 86%
|
| Q/Q Growth Rate
| NA
| NA
| NA
| 22%
| 10%
| 14%
| 22%
|
| Licensing & other revenues
| 45,271
| 45,935
| 73,558
| 15,405
| 17,081
| 18,765
| 22,307
|
| Y/Y Growth Rate
| 58%
| 1%
| 60%
| 7%
| 62%
| 89%
| 101%
|
| Q/Q Growth Rate
| NA
| NA
| NA
| 39%
| 11%
| 10%
| 19%
|
| As % of Revenues
|
|
|
|
|
|
|
|
| Google web sites
| 54%
| 50%
| 55%
| 52%
| 53%
| 56%
| 57%
|
| Google Network web sites
| 43%
| 49%
| 44%
| 47%
| 46%
| 43%
| 42%
|
| Licensing & other revenue
| 3%
| 1%
| 1%
| 1%
| 1%
| 1%
| 1% |
| Cost of Revenues*
| 634,411
| 1,468,967
| 2,577,088
| 546,781
| 598,119
| 655,154
| 777,035
|
| As % of Revenues
| 43%
| 46%
| 42%
| 44%
| 43%
| 42%
| 40%
|
| Traffic Acquisition Cost
| 526,533
| 1,228,677
| 2,114,942
| 461,807
| 494,320
| 529,874
| 628,941
|
| As % of Revenues
| 36%
| 39%
| 34%
| 37%
| 36%
| 34%
| 33%
|
| Other Cost of Revenues*
| 107,878
| 240,290
| 462,146
| 84,974
| 103,799
| 125,280
| 148,094
|
| As % of Revenues
| 7%
| 8%
| 8%
| 7%
| 7%
| 7%
| 8%
|
| Research & Development*
| 229,605
| 395,164
| 599,510
| 108,711
| 123,134
| 177,793
| 189,871
|
| As % of Revenues
| 16%
| 12%
| 10%
| 9%
| 9%
| 11%
| 10%
|
| Sales & Marketing*
| 164,935
| 295,749
| 468,152
| 89,488
| 104,546
| 111,487
| 162,632
|
| As % of Revenues
| 11%
| 9%
| 8%
| 7%
| 8%
| 7%
| 8%
|
| General & Administrative*
| 94,519
| 188,151
| 386,532
| 68,766
| 82,998
| 104,851
| 129,915
|
| As % of Revenues
| 6%
| 13%
| 6%
| 5%
| 6%
| 7%
| 7%
|
| Settlement of dispute with Yahoo!
| NA
| 201,000
| NA
| NA
| NA
| NA
| NA
|
| As % of Revenues
| NA
| 6%
| NA
| NA
| NA
| NA
| NA
|
| Contribution to Google Foundation
| NA
| NA
| 90,000
| NA
| NA
| NA
| 90,000
|
| As % of Revenues
| NA
| NA
| 1%
| NA
| NA
| NA
| 5%
|
| Total Costs & Expenses*
| 1,123,470
| 2,549,031
| 4,121,282
| 813,746
| 908,797
| 1,049,285
| 1,349,453
|
| Y/Y Growth Rate
| 344%
| 127%
| 62%
| 64%
| 72%
| 32%
| 85%
|
| Q/Q Growth Rate
| NA
| NA
| NA
| 12%
| 12%
| 15%
| 29% |
| Income from operations
| 342,464
| 640,192
| 2,017,278
| 442,770
| 475,698
| 529,171
| 569,640
|
| As % of Revenues
| 23%
| 20%
| 33%
| 35%
| 34%
| 34%
| 30%
|
| Net Income
| 105,648
| 399,119
| 1,465,397
| 369,193
| 342,814
| 381,182
| 372,208
|
| As % of Revenues
| 7%
| 13%
| 24%
| 29%
| 25%
| 24%
| 19%
|
| EPS (As reported)
|
|
|
|
|
|
|
|
| Basic
| $ 0.77
| $ 2.07
| $ 5.31
| $ 1.39
| $ 1.27
| $ 1.39
| $ 1.28
|
| Diluted
| $ 0.41
| $ 1.46
| $ 5.02
| $ 1.29
| $ 1.19
| $ 1.32
| $ 1.22
|
| Number of Shares ('000)
|
|
|
|
|
|
|
|
| Basic
| 137,697
| 193,176
| 275,844
| 266,106
| 270,729
| 275,130
| 291,411
|
| Diluted
| 256,638
| 272,781
| 291,874
| 286,612
| 287,238
| 289,673
| 303,972 |
Balance Sheet & Cash Flow Statement
(Figures in thousands, except per share amounts and EPS)
| Cash & Marketable Securities
| 334,718
| 2,132,297
| 8,034,247
| 2,507,298
| 2,947,967
| 7,630,147
| 8,034,247
|
| Accounts Receivable
| 154,690
| 311,836
| 687,976
| 371,905
| 419,238
| 541,815
| 687,976
|
| DSO (in days, using ending AR)
| 39
| 36
| 41
| 27
| 28
| 31
| 33
|
| Property and equipment, net
| 188,255
| 378,916
| 961,749
| 474,829
| 576,597
| 803,078
| 961,749
|
| Total Assets
| 871,458
| 3,313,351
| 10,271,813
| 3,865,199
| 4,497,718
| 9,451,001
| 10,271,813
|
| Cash Flow from Operations
| 395,445
| 977,044
| 2,459,422
| 529,622
| 624,619
| 646,747
| 658,434
|
| Capital Expenditures
| 176,801
| 318,995
| 838,217
| 142,391
| 157,463
| 292,532
| 245,831 |
Supplemental Information
(Figures in thousands, except per share amounts and EPS)
| Stock-based compensation
| 229,361
| 278,746
| 200,709
| 48,908
| 47,338
| 46,308
| 58,154
|
| Int'l revenues as % of Total Revenues
| 29%
| 34%
| 39%
| 39%
| 39%
| 39%
| 38%
|
| Ending Permanent Headcount
| 1,628
| 3,021
| 5,680
| 3,482
| 4,183
| 4,989
| 5,680
|
| Sequential Headcount Growth Rate
| 139%
| 86%
| 88%
| 15%
| 20%
| 19%
| 14% |
* Includes stock-based compensation charges
