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Monday, October 24, 2005

Google Profits and Revenue Soar

Posted by @ 1:08 am

On 20 October, Google announced its financial results for the third quarter of 2005. The highlights were:

  • Record revenues of $1.578 billion, up 96% compared to the third quarter of 2004, and up 14% compared to Q2 2005.
  • Sites owned by Google generated 56% of total revenues, up 20% compared to Q2 2005.
    GAAP operating income was $529 million, or 33.5% of revenues.
  • Adjusted EBITDA (income before interest, taxes, depreciation, amortization, SBC, and IPR&D) increased to $672 million, or 43% of revenues, up from $590 million in the second quarter of 2005.
  • Worldwide staff numbers increased from 4,183 as of 30 June 2005 to 4,989 at the end of September.

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