Google Q4 Results: More Than $10 Billion in Revenue

• Quentyn Kennemer
• 13 years ago

Google has posted their financial report for the fourth quarter of 2011 and, despite not being able to beat Wall Street’s expectations after TAC ($8.13 billion compared to the expected $8.4 billion) they generated $10.58 billion in revenue. This marks the first time they’ve ever surpassed the $10 billion mark in a quarter. Google’s own sites generated $7.29 billion of that while network sites (those not owned by Google who host adsense ads) generated $2.88 billion. Year-on-year quarterly performance improvements (meaning performance compared to Q4 2010) for each aforementioned number were in the 25-30% improved range. Larry Page mentioned Google+ and Android, among others, in a list of things that they believe will help them do even better in 2012.

 “I am super excited about the growth of Android, Gmail, and Google+, which now has 90 million users globally – well over double what I announced just three months ago. By building a meaningful relationship with our users through Google+ we will create amazing experiences across our services. I’m very excited about what we can do in 2012 – there are tremendous opportunities to help users and grow our business.”

Head on to Google’s site for the full results.