2015 Financial Tables

Full year financial tables with quarterly data.

Google's Income Statement Information

Please note: Results from Motorola Home and Motorola Mobile are presented as net income (loss) from discontinued operations on the Consolidated Statements of Income, and are excluded from all other results unless otherwise noted.

On April 2, 2014, we issued shares of Class C capital stock as a dividend to our stockholders.  Except for the number of authorized shares and par value, all references to share and per share amounts have been retroactively restated for all prior periods shown to reflect the stock split, which was effected in the form of a stock dividend.

(In millions, except share amounts which are reflected in thousands and per share amounts)

  Full Year 2015
      (unaudited)
Revenues 2013 2014 Q1
Google Websites $37,422 $45,085 $11,932
Y/Y Growth Rate 20% 20% 14%
Q/Q Growth Rate NA NA -4%
Google Network Members' Websites* $13,650 $14,539 $3,576
Y/Y Growth Rate 6% 7% 1%
Q/Q Growth Rate NA NA -8%
Total Advertising Revenues* $51,072 $59,624 $15,508
Y/Y Growth Rate 16% 17% 11%
Q/Q Growth Rate NA NA -5%
Other Revenues* $4,447 $6,377 $1,750
Y/Y Growth Rate 135% 43% 23%
Q/Q Growth Rate NA NA -2%
Total Revenues $55,519 $66,001 $17,258
Y/Y Growth Rate 21% 19% 12%
Q/Q Growth Rate NA NA -5%
As % of Revenues      
Google Websites 67% 68% 69%
Google Network Members’ Websites 25% 22% 21%
Other Revenues 8% 10% 10%

*Prior period amounts have been adjusted to reflect the reclassification primarily related to DoubleClick ad serving software revenues from other revenues to advertising revenues from Google Network Members' websites to conform with our current period presentation.

  Full Year 2015
      (unaudited)
Costs 2013 2014 Q1
Cost of Revenues $21,993 $25,691 $6,356
As a % of Revenues 40% 39% 37%
Traffic Acquisition Cost $12,258 $13,497 $3,345
As % of Revenues 22% 20% 19%
Other Cost of Revenues** $9,735 $12,194 $3,011
As % of Revenues 18% 19% 18%
Research & Development** $7,137 $9,832 $2,753
As % of Revenues 13% 15% 16%
Sales & Marketing** $6,554 $8,131 $2,065
As % of Revenues 12% 12% 12%
General & Administrative** $4,432 $5,851 $1,637
As % of Revenues 8% 9% 9%
Total Costs & Expenses** $40,116 $49,505 $12,811
Y/Y Growth Rate 25% 23% 13%
Q/Q Growth Rate NA NA -7%

** Includes stock-based compensation expense.

  Full Year 2015
      (unaudited)
Profitability 2013 2014 Q1
Income from Operations $15,403 $16,496 $4,447
As % of Revenues 28% 25% 26%
Net income from continuing operations $13,347 $13,928 $3,586
As % of Revenues 24% 21% 21%
Net (loss) income from discontinued operations -$427 $516 $0
Net Income $12,920 $14,444 $3,586
EPS - Basic $19.41 $21.37 $5.27
EPS - Basic - Continuing operations $20.05 $20.61 $5.27
EPS - Basic - Discontinued operations -$0.64 $0.76 $0.00
EPS - Diluted $19.07 $21.02 $5.20
EPS - Diluted - Continuing operations $19.70 $20.27 $5.20
EPS - Diluted - Discontinued operations -$0.63 $0.75 $0.00
Number of Shares      
Basic 665,692 675,935 680,915
Diluted 677,618 687,070 689,498

Balance Sheet & Cash Flow Statement Information

(In millions, except DSO)

  Full Year 2015
      (unaudited)
2013 2014 Q1
Cash, Cash Equivalents & Marketable Securities $58,717 $64,395 $65,436
Accounts Receivable, net of allowance (Google stand-alone) $8,098 $9,383 $8,584
DSO for Google stand-alone (in days, using ending AR) 53 52 45
Property and Equipment, Net $16,524 $23,883 $25,448
Total Assets $110,920 $131,133 $133,400
Cash Flow from Operations $18,659 $22,376 $6,617
Capital Expenditures $7,358 $10,959 $2,927

Supplemental Information

(In millions, except headcount data)

  Full Year 2015
      (unaudited)
2013 2014 Q1
Amortization Expense of Intangible Assets for Google stand-alone $1,010 $1,051 $239
Stock-Based Compensation Expense for Google stand-alone $3,127 $4,175 $1,203
International Revenues as % of Revenues 55% 57% 57%
Ending Permanent Headcount for Google stand-alone 43,862 53,600 55,419
Sequential Headcount Growth Rate for Google stand-alone NA NA 3%