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
| 10,604,917
| 16,593,986
| 21,795,550
| 5,186,043
| 5,367,212
| 5,541,391
| 5,700,904
|
| Y/Y Growth Rate
| 73%
| 56%
| 31%
| 42%
| 39%
| 31%
| 18%
|
| Q/Q Growth Rate
| NA
| NA
| NA
| 7%
| 3%
| 3%
| 3%
|
| Google web sites
| 6,332,797
| 10,624,705
| 14,413,826
| 3,400,405
| 3,530,145
| 3,672,111
| 3,811,166
|
| Y/Y Growth Rate
| 88%
| 68%
| 36%
| 49%
| 42%
| 34%
| 22%
|
| Q/Q Growth Rate
| NA
| NA
| NA
| 9%
| 4%
| 4%
| 4%
|
| Google Network web sites
| 4,159,831
| 5,787,938
| 6,714,688
| 1,686,141
| 1,655,280
| 1,679,861
| 1,693,405
|
| Y/Y Growth Rate
| 55%
| 39%
| 16%
| 25%
| 22%
| 15%
| 4%
|
| Q/Q Growth Rate
| NA
| NA
| NA
| 3%
| -2%
| 1%
| 1%
|
| Total Advertising Revenues
| 10,492,628
| 16,412,643
| 21,128,514
| 5,086,546
| 5,185,425
| 5,351,972
| 5,504,571
|
| Y/Y Growth Rate
| 73%
| 56%
| 29%
| 40%
| 35%
| 28%
| 16%
|
| Q/Q Growth Rate
| NA
| NA
| NA
| 7%
| 2%
| 3%
| 3%
|
| Licensing & other revenues
| 112,289
| 181,343
| 667,036
| 99,497
| 181,787
| 189,419
| 196,333
|
| Y/Y Growth Rate
| 53%
| 61%
| 268%
| 172%
| 440%
| 352%
| 183%
|
| Q/Q Growth Rate
| NA
| NA
| NA
| 44%
| 83%
| 4%
| 4%
|
| As % of Revenues
|
|
|
|
|
|
|
|
| Google web sites
| 60%
| 64%
| 66%
| 66%
| 66%
| 67%
| 67%
|
| Google Network web sites
| 39%
| 35%
| 31%
| 33%
| 31%
| 30%
| 30%
|
| Licensing & other revenue
| 1%
| 1%
| 3%
| 1%
| 3%
| 3%
| 3% |
| Cost of Revenues*
| 4,225,027
| 6,649,085
| 8,621,506
| 2,110,536
| 2,147,575
| 2,173,390
| 2,190,005
|
| As % of Revenues
| 40%
| 40%
| 40%
| 41%
| 40%
| 40%
| 38%
|
| Traffic Acquisition Cost
| 3,308,777
| 4,933,878
| 5,938,951
| 1,486,384
| 1,473,980
| 1,495,206
| 1,483,382
|
| As % of Revenues
| 31%
| 30%
| 28%
| 29%
| 27%
| 27%
| 26%
|
| Other Cost of Revenues*
| 916,250
| 1,715,207
| 2,682,555
| 624,152
| 673,595
| 678,184
| 706,623
|
| As % of Revenues
| 9%
| 10%
| 12%
| 12%
| 13%
| 12%
| 12%
|
| Research & Development*
| 1,228,589
| 2,119,985
| 2,793,192
| 673,069
| 682,210
| 704,571
| 733,342
|
| As % of Revenues
| 12%
| 13%
| 13%
| 13%
| 13%
| 13%
| 13%
|
| Sales & Marketing*
| 849,518
| 1,461,266
| 1,946,244
| 446,898
| 484,552
| 508,801
| 505,993
|
| As % of Revenues
| 8%
| 9%
| 9%
| 9%
| 9%
| 9%
| 9%
|
| General & Administrative*
| 751,787
| 1,279,250
| 1,802,639
| 409,305
| 474,910
| 507,064
| 411,360
|
| As % of Revenues
| 7%
| 8%
| 8%
| 8%
| 9%
| 9%
| 7%
|
| 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
| NA
| NA
| NA
| NA
| NA
| NA
| NA
|
| As % of Revenues
| NA
| NA
| NA
| NA
| NA
| NA
| NA
|
| Total Costs & Expenses*
| 7,054,921
| 11,509,586
| 15,163,581
| 3,639,808
| 3,789,247
| 3,893,826
| 3,840,700
|
| Y/Y Growth Rate
| 71%
| 63%
| 32%
| 49%
| 37%
| 34%
| 13%
|
| Q/Q Growth Rate
| NA
| NA
| NA
| 7%
| 4%
| 3%
| -1% |
| Income from operations
| 3,549,996
| 5,084,400
| 6,631,969
| 1,546,235
| 1,577,965
| 1,647,565
| 1,860,204
|
| As % of Revenues
| 34%
| 31%
| 30%
| 30%
| 29%
| 30%
| 33%
|
| Impairment on equity investments
| NA
| NA
| ($1,094,757)
| NA
| NA
| NA
| ($1,094,757)
|
| As % of Revenues
| NA
| NA
| -5%
| NA
| NA
| NA
| -19%
|
| Net Income
| 3,077,446
| 4,203,720
| 4,226,858
| 1,307,086
| 1,247,391
| 1,289,938
| 382,442
|
| As % of Revenues
| 29%
| 25%
| 19%
| 25%
| 23%
| 23%
| 7%
|
| EPS (As reported)
|
|
|
|
|
|
|
|
| Basic
| $ 10.21
| $ 13.53
| $ 13.46
| $ 4.17
| $ 3.97
| $ 4.10
| $ 1.22
|
| Diluted
| $ 9.94
| $ 13.29
| $ 13.31
| $ 4.12
| $ 3.92
| $ 4.06
| $ 1.21
|
| Number of Shares ('000)
|
|
|
|
|
|
|
|
| Basic
| 301,403
| 310,806
| 313,959
| 313,129
| 313,817
| 314,241
| 314,651
|
| Diluted
| 309,548
| 316,210
| 317,514
| 317,392
| 318,023
| 317,776
| 316,864 |
Balance Sheet & Cash Flow Statement
(Figures in thousands, except per share amounts and EPS)
| Cash & Marketable Securities
| 11,243,914
| 14,218,613
| 15,845,771
| 12,134,508
| 12,733,669
| 14,412,609
| 15,845,771
|
| Accounts Receivable
| 1,322,340
| 2,162,521
| 2,642,192
| 2,560,909
| 2,641,901
| 2,541,492
| 2,642,192
|
| DSO (in days, using ending AR)
| 46
| 48
| 44
| 45
| 45
| 42
| 43
|
| Property and equipment, net
| 2,395,239
| 4,039,261
| 5,233,843
| 4,741,724
| 5,137,710
| 5,213,167
| 5,233,843
|
| Total Assets
| 18,473,351
| 25,335,806
| 31,767,575
| 27,604,982
| 29,179,786
| 30,806,974
| 31,767,575
|
| Cash Flow from Operations
| 3,580,508
| 5,775,410
| 7,852,857
| 1,779,446
| 1,766,154
| 2,184,955
| 2,122,299
|
| Capital Expenditures
| 1,902,798
| 2,402,840
| 2,358,461
| 841,597
| 697,517
| 451,503
| 367,844 |
Supplemental Information
(Figures in thousands, except per share amounts and EPS)
| Stock-based compensation
| 458,100
| 868,646
| 1,119,766
| 280,779
| 272,776
| 280,039
| 286,172
|
| Int'l revenues as % of Total Revenues
| 43%
| 48%
| 51%
| 51%
| 52%
| 51%
| 50%
|
| Ending Permanent Headcount
| 10,674
| 16,805
| 20,222
| 19,156
| 19,604
| 20,123
| 20,222
|
| Sequential Headcount Growth Rate
| 88%
| 57%
| 20%
| 14%
| 2%
| 3%
| 0% |
* Includes stock-based compensation charges
** Updated November 12 2008