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July 20, 2006

Google's Financial Results for Q2

"Google grew at an impressive pace during a seasonally slower quarter. [...] Our strong performance results from our clear focus on increasing the quality of user experience, particularly in search and ads," says Eric Schmidt, Google's CEO.

Google reported revenues of $2.46 billion for the second quarter, an increase of 77% compared to the second quarter of 2005 and an increase of 9% compared to the first quarter of 2006. The net income increased to $721.1 million, or $2.33 a share, from $342.8 million, or $1.19 a share, a year earlier.

Here you can see the advertising revenues (in thousands):


Three Months Ended
June 30,

Six Months Ended
June 30,

2005
2006 2005
2006
Advertising revenues:
Google web sites
$737,172
$1,432,461
$1,394,169
$2,729,778
Google Network web sites
630,242
996,567
1,214,357
1,924,942
Total advertising revenues
1,367,414
2,429,028
2,608,526
4,654,720
Licensing and other revenues
17,081
26,963
32,485
55,026
Revenues
$ 1,384,495
$ 2,455,991
$ 2,641,011
$ 4,709,746


58% of the income is from the US, and 17% comes from the UK.

In their conference call, Google's representatives have given some idea about their plans:

* they'll launch AdSense for radio in 3 months worldwide

* they'll test mobile ads, first in Asia (Japan)

* increase the presence in countries where Google isn't the leader: China, Russia, Korea

* more partners for distribution and content

More at Google's press release. Conference Call transcript.

This blog is not affiliated with Google.