Blog Post

Earnings: Google's Good 4Q; Earnings, Revenue Up Significantly

Ending its day on an up note across the board by dint of its increasing market share in online search and advertising, Google (Nasdaq: GOOG) reported revenues of $3.21 billion, an increase of 67 percent compared to 4Q05 and an increase of 19 percent compared to Q306. Operating income for 4Q was $1.06 billion, or 33 percent of revenues. This compares to operating income of $931 million, or 35 percent of revenues, for the previous quarter. Other highlights:
— GAAP net income for the fourth quarter of 2006 was $1.03 billion as compared to $733 million for the previous quarter.
— Google-owned sites generated revenues of $1.98 billion, or 62 percent of total revenues, in the fourth quarter of 2006. This represents an 80 percent increase over fourth quarter 2005 revenues of $1.10 billion and a 22 percent increase over 3Q06 revenues of $1.63 billion.
— Google’s partner sites generated revenues, through AdSense programs, of $1.20 billion, or 37 percent of total revenues.
— Revenues from outside the US contributed 44 percent of total revenues.
— Aggregate paid clicks, which include clicks related to ads on Google sites and its AdSense partners, increased approximately 61 percent over the same period last year. Earnings release | Webcast