Google Has $26.5 Billion In Cash (GOOG)

Apr 16, 2010 - 8:08 am 2 by
Filed Under Misc Google

Google released their first quarter 2010 earnings report last night and they reported another great quarter. Revenue was up 23% and net income was up even more, at 37%. These numbers beat analysts expectations, but yet in the pre-market, GOOG stock is down $27 or almost 5%.

The pretty amazing figure is that Google has more fluid money than many countries, with $26.5 billion sitting in cash, cash equivalents, and short-term marketable securities. In any event, here are some key metrics, including some interesting ones from a SEM's perspective:

  • Google-owned sites generated revenues of $4.44 billion, or 66% of total revenues
  • Network revenue or AdSense programs, earned of $2.04 billion, or 30% of total revenues
  • Paid clicks increased approximately 15% over the first quarter of 2009 and increased approximately 5% over the fourth quarter of 2009
  • Cost per click prices also increased approximately 7% over the first quarter of 2009 and decreased approximately 4% over the fourth quarter of 2009
  • Google has $26.5 billion cash on hand
  • Google employed 20,621 full-time employees as of March 31, 2010, up from 19,835 full-time employees as of December 31, 2009

Forum discussion at WebmasterWorld.

 

Popular Categories

The Pulse of the search community

Follow

Search Video Recaps

 
Video Details More Videos Subscribe to Videos

Most Recent Articles

Google Ads

Google Local Service Ads Sends Email Asking You To Upload Photos

Mar 27, 2024 - 7:51 am
Google Maps

European Hotels Can Remove Pricing Information From Google Hotel Search

Mar 27, 2024 - 7:41 am
Google Search Engine Optimization

SEOs, Please Don't Remove Contact Us & About Us Pages

Mar 27, 2024 - 7:31 am
Misc Google

Google Search Developer Docs Gain AI Generated Help Features

Mar 27, 2024 - 7:21 am
Google Maps

Google Local Reviews Reactions Notice

Mar 27, 2024 - 7:11 am
Web Analytics

Google Analytics Real Time Data Lagging Today

Mar 27, 2024 - 6:10 am
Previous Story: Twitter, The Second Largest Search Engine?