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

 
- YouTube
Video Details More Videos Subscribe to Videos

Most Recent Articles

Search Forum Recap

Daily Search Forum Recap: October 11, 2024

Oct 11, 2024 - 10:00 am
Search Video Recaps

Search News Buzz Video Recap: DOJ May Breakup Google, Ranking Volatility, Quick View Theft, Google Web Creator Event, Google Ads & More Search News

Oct 11, 2024 - 8:11 am
Google Updates

Google Search Ranking Volatility Rumbling Again October 10th

Oct 11, 2024 - 8:01 am
Google Search Engine Optimization

Google AI Overviews Not Linking To Sites Hit By Helpful Content Update

Oct 11, 2024 - 7:51 am
Bing Search

Bing Tests Best List Of Carousel

Oct 11, 2024 - 7:41 am
Google

Google Search Missing Video Tab For Some Users - Bug?

Oct 11, 2024 - 7:31 am
Previous Story: Twitter, The Second Largest Search Engine?