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 | 3,189,223 | 6,138,560 | 10,604,917 | 2,253,755 | 2,455,991 | 2,689,673 | 3,205,498 |
|
Y/Y Growth Rate | 118% | 92% | 73% | 79% | 77% | 70% | 67% |
|
Q/Q Growth Rate | NA | NA | NA | 17% | 9% | 10% | 19% |
|
Google web sites | 1,589,032 | 3,377,061 | 6,332,797 | 1,297,317 | 1,432,461 | 1,625,977 | 1,977,042 |
|
Y/Y Growth Rate | 101% | 113% | 88% | 97% | 94% | 84% | 80% |
|
Q/Q Growth Rate | NA | NA | NA | 18% | 10% | 14% | 22% |
|
Google Network web sites | 1,554,256 | 2,687,942 | 4,159,831 | 928,376 | 996,566 | 1,037,022 | 1,197,867 |
|
Y/Y Growth Rate | 147% | 73% | 55% | 59% | 58% | 54% | 50% |
|
Q/Q Growth Rate | NA | NA | NA | 16% | 7% | 4% | 16% |
| Total Advertising Revenues | 3,143,288 | 6,065,003 | 10,492,628 | 2,225,693 | 2,429,027 | 2,662,999 | 3,174,909 |
|
Y/Y Growth Rate | 121% | 93% | 73% | 79% | 78% | 71% | 67% |
|
Q/Q Growth Rate | NA | NA | NA | 17% | 9% | 10% | 19% |
| Licensing & other revenues | 45,935 | 73,558 | 112,289 | 28,062 | 26,964 | 26,674 | 30,589 |
|
Y/Y Growth Rate | 1% | 60% | 53% | 82% | 58% | 42% | 37% |
|
Q/Q Growth Rate | NA | NA | NA | 26% | -4% | -1% | 15% |
| As % of Revenues | | | | | | | |
|
Google web sites | 50% | 55% | 60% | 58% | 58% | 60% | 62% |
|
Google Network web sites | 49% | 44% | 39% | 41% | 41% | 39% | 37% |
|
Licensing & other revenue | 1% | 1% | 1% | 1% | 1% | 1% | 1% |
| Cost of Revenues* | 1,468,967 | 2,577,088 | 4,225,027 | 904,119 | 989,032 | 1,048,728 | 1,283,148 |
|
As % of Revenues | 46% | 42% | 40% | 40% | 40% | 39% | 40% |
|
Traffic Acquisition Cost | 1,228,677 | 2,114,942 | 3,308,777 | 722,736 | 785,159 | 825,264 | 975,618 |
|
As % of Revenues | 39% | 34% | 31% | 32% | 32% | 31% | 30% |
|
Other Cost of Revenues* | 240,290 | 462,146 | 916,250 | 181,383 | 203,873 | 223,464 | 307,530 |
|
As % of Revenues | 8% | 8% | 9% | 8% | 8% | 8% | 10% |
| Research & Development* | 395,164 | 599,510 | 1,228,589 | 246,599 | 282,552 | 312,632 | 386,806 |
|
As % of Revenues | 12% | 10% | 12% | 11% | 12% | 12% | 12% |
| Sales & Marketing* | 295,749 | 468,152 | 849,518 | 190,943 | 196,397 | 206,972 | 255,206 |
|
As % of Revenues | 9% | 8% | 8% | 8% | 8% | 8% | 8% |
| General & Administrative* | 188,151 | 386,532 | 751,787 | 169,395 | 172,638 | 190,010 | 219,744 |
|
As % of Revenues | 13% | 6% | 7% | 8% | 7% | 7% | 7% |
| Settlement of dispute with Yahoo! | 201,000 | NA | NA | NA | NA | NA | NA |
|
As % of Revenues | 6% | NA | NA | NA | NA | NA | NA |
| Contribution to Google Foundation | NA | 90,000 | NA | NA | NA | NA | NA |
|
As % of Revenues | NA | 1% | NA | NA | NA | NA | NA |
| Total Costs & Expenses* | 2,549,031 | 4,121,282 | 7,054,921 | 1,511,056 | 1,640,619 | 1,758,342 | 2,144,904 |
|
Y/Y Growth Rate | 127% | 62% | 71% | 86% | 81% | 68% | 59% |
|
Q/Q Growth Rate | NA | NA | NA | 12% | 9% | 7% | 22% |
| Income from operations | 640,192 | 2,017,278 | 3,549,996 | 742,699 | 815,372 | 931,331 | 1,060,594 |
|
As % of Revenues | 20% | 33% |
34% |
33% | 33% | 35% | 33% |
| Net Income | 399,119 | 1,465,397 | 3,077,446 | 592,291 | 721,077 | 733,361 | 1,030,716 |
|
As % of Revenues | 13% | 24% | 29% | 26% | 29% | 27% | 32% |
| EPS (As reported) | | | | | | | |
|
Basic | $ 2.07 | $ 5.31 | $ 10.21 | $ 2.02 | $ 2.39 | $ 2.42 | $ 3.36 |
|
Diluted | $ 1.46 | $ 5.02 | $ 9.94 | $ 1.95 | $ 2.33 | $ 2.36 | $ 3.29 |
| Number of Shares ('000) | | | | | | | |
|
Basic | 193,176 | 275,844 | 301,403 | 293,896 | 301,410 | 303,400 | 306,906 |
|
Diluted | 272,781 | 291,874 | 309,548 | 304,123 | 310,038 | 310,574 | 313,459 |
Balance Sheet & Cash Flow Statement
(Figures in thousands, except per share amounts and EPS)
| Cash & Marketable Securities | 2,132,297 | 8,034,247 | 11,243,914 | 8,429,028 | 9,821,632 | 10,428,715 | 11,243,914 |
| Accounts Receivable | 311,836 | 687,976 | 1,322,340 | 844,378 | 885,088 | 1,031,055 | 1,322,340 |
|
DSO (in days, using ending AR) | 36 | 41 | 46 | 34 | 33 | 35 | 38 |
| Property and equipment, net | 378,916 | 961,749 | 2,395,239 | 1,209,681 | 1,799,766 | 2,174,314 | 2,395,239 |
| Total Assets | 3,313,351 | 10,271,813 | 18,473,351 | 11,294,870 | 14,396,006 | 15,693,232 | 18,473,351 |
| Cash Flow from Operations | 977,044 | 2,459,422 | 3,580,508 | 824,804 | 840,586 | 1,004,324 | 910,794 |
| Capital Expenditures | 318,995 | 838,217 | 1,902,798 | 344,938 | 699,000 | 492,222 | 366,638 |
Supplemental Information
(Figures in thousands, except per share amounts and EPS)
| Stock-based compensation | 278,746 | 200,709 | 458,100 | 114,664 | 109,149 | 99,860 | 134,427 |
| Int'l revenues as % of Total Revenues | 34% | 39% | 43% | 42% | 42% | 44% | 44% |
| Ending Permanent Headcount | 3,021 | 5,680 | 10,674 | 6,790 | 7,942 | 9,378 | 10,674 |
|
Sequential Headcount Growth Rate | 86% | 88% | 88% | 20% | 17% | 18% | 14% |
* Includes stock-based compensation charges
