Q3: All's Well with Google, Financially Speaking
Mountain View-based search engine giant Google has recently made public its revenues for Q3, the quarter that ended on the 30th of September, 2010. Unsurprisingly, all’s well with Google – from a financial point of view, obviously. The company managed to do even better in Q3 than it did in Q2; and in Q2 it did better than in Q1.
Here’s what I am talking about: for Q1 Google reported revenues of $6.77 billion, for Q2 it reported revenues of $6.82 billion, and for Q3 it reported revenues of $7.29 billion. Compared to Q3 2009, Google’s revenues went up 23%.
“Google had an excellent quarter,” said Eric Schmidt, CEO of Google. “Our core business grew very well, and our newer businesses -- particularly display and mobile -- continued to show significant momentum. Going forward, we remain committed to aggressive investment in both our people and our products as we pursue an innovation agenda.”
Here are the exact figures related to Google’s Q3 financial results to put things in perspective:
Total Revenues for Q3, which ended on September 30 – $6.82 billion (a 24% increase compared to last year).
Google Sites Revenues – $4.83 billion (which represents 67% of total revenues; a 22% increase compared to last year).
International Revenues – $3.77 billion (which represents 52% of total revenues generated in Q3 2010).
Google Network Revenues – $2.20 billion (which represents 30% of total revenues; a 22% increase compared to last year).
Here are Google’s figures for Q2 2010:
And here are Google’s figures for Q1 2010:
Here’s what I am talking about: for Q1 Google reported revenues of $6.77 billion, for Q2 it reported revenues of $6.82 billion, and for Q3 it reported revenues of $7.29 billion. Compared to Q3 2009, Google’s revenues went up 23%.
“Google had an excellent quarter,” said Eric Schmidt, CEO of Google. “Our core business grew very well, and our newer businesses -- particularly display and mobile -- continued to show significant momentum. Going forward, we remain committed to aggressive investment in both our people and our products as we pursue an innovation agenda.”
Here are the exact figures related to Google’s Q3 financial results to put things in perspective:
Total Revenues for Q3, which ended on September 30 – $6.82 billion (a 24% increase compared to last year).
Google Sites Revenues – $4.83 billion (which represents 67% of total revenues; a 22% increase compared to last year).
International Revenues – $3.77 billion (which represents 52% of total revenues generated in Q3 2010).
Google Network Revenues – $2.20 billion (which represents 30% of total revenues; a 22% increase compared to last year).
Here are Google’s figures for Q2 2010:
- Total Revenues for Q2, which ended on June 30 – $6.82 billion (a 24% increase compared to last year).
- Google Sites Revenues – $4.50 billion (which represents 66% of total revenues; a 23% increase compared to last year).
- International Revenues – $3.53 billion (which represents 52% of total revenues).
- Google Network Revenues – $2.06 billion (which represents 30% of total revenues; a 24% increase compared to last year).
And here are Google’s figures for Q1 2010:
- Total Revenues for Q1, which ended on March 31– $6.77 billion (a 23% increase compared to last year).
- Google Sites Revenues – $4.44 billion (which represents 66% of total revenues; a 30% increase compared to last year).
- International Revenues – $3.58 billion (which represents 53% of total revenues).
- Google Network Revenues – $2.04 billion (which represents 30% of total revenues; a 24% increase compared to last year).
