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
| 6,138,560
| 10,604,917
| 16,593,986
| 3,663,971
| 3,871,985
| 4,231,351
| 4,826,679
|
| Y/Y Growth Rate
| 92%
| 73%
| 56%
| 63%
| 58%
| 57%
| 51%
|
| Q/Q Growth Rate
| NA
| NA
| NA
| 14%
| 6%
| 9%
| 14%
|
| Google web sites
| 3,377,061
| 6,332,797
| 10,624,705
| 2,282,121
| 2,486,290
| 2,734,756
| 3,121,539
|
| Y/Y Growth Rate
| 113%
| 88%
| 68%
| 76%
| 74%
| 68%
| 58%
|
| Q/Q Growth Rate
| NA
| NA
| NA
| 15%
| 9%
| 10%
| 14%
|
| Google Network web sites
| 2,687,942
| 4,159,831
| 5,787,938
| 1,345,329
| 1,352,051
| 1,454,721
| 1,635,836
|
| Y/Y Growth Rate
| 73%
| 55%
| 39%
| 45%
| 36%
| 40%
| 37%
|
| Q/Q Growth Rate
| NA
| NA
| NA
| 12%
| 0%
| 8%
| 12%
|
| Total Advertising Revenues
| 6,065,003
| 10,492,628
| 16,412,643
| 3,627,450
| 3,838,341
| 4,189,477
| 4,757,375
|
| Y/Y Growth Rate
| 93%
| 73%
| 56%
| 63%
| 58%
| 57%
| 50%
|
| Q/Q Growth Rate
| NA
| NA
| NA
| 14%
| 6%
| 9%
| 14%
|
| Licensing & other revenues
| 73,558
| 112,289
| 181,343
| 36,521
| 33,644
| 41,874
| 69,304
|
| Y/Y Growth Rate
| 60%
| 53%
| 61%
| 30%
| 25%
| 57%
| 127%
|
| Q/Q Growth Rate
| NA
| NA
| NA
| 19%
| -8%
| 24%
| 66%
|
| As % of Revenues
|
|
|
|
|
|
|
|
| Google web sites
| 55%
| 60%
| 64%
| 62%
| 64%
| 65%
| 65%
|
| Google Network web sites
| 44%
| 39%
| 35%
| 37%
| 35%
| 34%
| 34%
|
| Licensing & other revenue
| 1%
| 1%
| 1%
| 1%
| 1%
| 1%
| 1% |
| Cost of Revenues*
| 2,577,088
| 4,225,027
| 6,649,085
| 1,470,426
| 1,560,255
| 1,662,579
| 1,955,825
|
| As % of Revenues
| 42%
| 40%
| 40%
| 40%
| 40%
| 39%
| 41%
|
| Traffic Acquisition Cost
| 2,114,942
| 3,308,777
| 4,933,878
| 1,125,032
| 1,147,913
| 1,221,120
| 1,439,814
|
| As % of Revenues
| 34%
| 31%
| 30%
| 31%
| 30%
| 29%
| 30%
|
| Other Cost of Revenues*
| 462,146
| 916,250
| 1,715,207
| 345,394
| 412,342
| 441,459
| 516,011
|
| As % of Revenues
| 8%
| 9%
| 10%
| 9%
| 11%
| 10%
| 11%
|
| Research & Development*
| 599,510
| 1,228,589
| 2,119,985
| 408,384
| 532,106
| 548,712
| 630,783
|
| As % of Revenues
| 10%
| 12%
| 13%
| 11%
| 14%
| 13%
| 13%
|
| Sales & Marketing*
| 468,152
| 849,518
| 1,461,266
| 302,552
| 355,604
| 380,820
| 422,291
|
| As % of Revenues
| 8%
| 8%
| 9%
| 8%
| 9%
| 9%
| 9%
|
| General & Administrative*
| 386,532
| 751,787
| 1,279,250
| 261,400
| 319,405
| 321,398
| 377,046
|
| As % of Revenues
| 6%
| 7%
| 8%
| 7%
| 8%
| 8%
| 8%
|
| Settlement of dispute with Yahoo!
| NA
| NA
| NA
| NA
| NA
| NA
| NA
|
| As % of Revenues
| NA
| NA
| NA
| NA
| NA
| NA
| NA
|
| Contribution to Google Foundation
| 90,000
| NA
| NA
| NA
| NA
| NA
| NA
|
| As % of Revenues
| 1%
| NA
| NA
| NA
| NA
| NA
| NA
|
| Total Costs & Expenses*
| 4,121,282
| 7,054,921
| 11,509,586
| 2,442,762
| 2,767,370
| 2,913,509
| 3,385,945
|
| Y/Y Growth Rate
| 62%
| 71%
| 63%
| 62%
| 69%
| 66%
| 58%
|
| Q/Q Growth Rate
| NA
| NA
| NA
| 14%
| 13%
| 5%
| 16% |
| Income from operations
| 2,017,278
| 3,549,996
| 5,084,400
| 1,221,209
| 1,104,615
| 1,317,842
| 1,440,734
|
| As % of Revenues
| 33%
| 34%
| 31%
| 33%
| 29%
| 31%
| 30%
|
| Net Income
| 1,465,397
| 3,077,446
| 4,203,720
| 1,002,162
| 925,120
| 1,069,989
| 1,206,449
|
| As % of Revenues
| 24%
| 29%
| 25%
| 27%
| 24%
| 25%
| 25%
|
| EPS (As reported)
|
|
|
|
|
|
|
|
| Basic
| $ 5.31
| $ 10.21
| $ 13.53
| $ 3.24
| $ 2.98
| $ 3.44
| $ 3.86
|
| Diluted
| $ 5.02
| $ 9.94
| $ 13.29
| $ 3.18
| $ 2.93
| $ 3.38
| $ 3.79
|
| Number of Shares ('000)
|
|
|
|
|
|
|
|
| Basic
| 275,844
| 301,403
| 310,806
| 309,315
| 310,436
| 311,221
| 312,251
|
| Diluted
| 291,874
| 309,548
| 316,210
| 314,870
| 315,469
| 316,576
| 317,925 |
Balance Sheet & Cash Flow Statement
(Figures in thousands, except per share amounts and EPS)
| Cash & Marketable Securities
| 8,034,247
| 11,243,914
| 14,218,613
| 11,935,919
| 12,503,535
| 13,087,345
| 14,218,613
|
| Accounts Receivable
| 687,976
| 1,322,340
| 2,162,521
| 1,477,090
| 1,648,680
| 1,887,860
| 2,162,521
|
| DSO (in days, using ending AR)
| 41
| 46
| 48
| 37
| 39
| 41
| 41
|
| Property and equipment, net
| 961,749
| 2,395,239
| 4,039,261
| 2,826,717
| 3,219,280
| 3,588,814
| 4,039,261
|
| Total Assets
| 10,271,813
| 18,473,351
| 25,335,806
| 20,015,438
| 21,423,885
| 23,340,650
| 25,335,806
|
| Cash Flow from Operations
| 2,459,422
| 3,580,508
| 5,775,410
| 1,219,593
| 1,229,926
| 1,632,643
| 1,693,248
|
| Capital Expenditures
| 838,217
| 1,902,798
| 2,402,840
| 596,893
| 575,098
| 552,640
| 678,210 |
Supplemental Information
(Figures in thousands, except per share amounts and EPS)
| Stock-based compensation
| 200,709
| 458,100
| 868,646
| 183,866
| 241,524
| 197,956
| 245,300
|
| Int'l revenues as % of Total Revenues
| 39%
| 43%
| 48%
| 47%
| 48%
| 48%
| 48%
|
| Ending Permanent Headcount
| 5,680
| 10,674
| 16,805
| 12,238
| 13,786
| 15,916
| 16,805
|
| Sequential Headcount Growth Rate
| 88%
| 88%
| 57%
| 15%
| 13%
| 15%
| 6% |
* Includes stock-based compensation charges
