Being a public company, Google is required to disclose their earnings to investors. Last quarter was Q4 of 2014 (October-December) and Google says that they made $18.1 billion in Q4 and $66 billion as a whole for the entirety of 2014. Here is a breakdown of their finances for Q4:
- 2014 revenues of $66 billion, up 19 percent year-over-year
- Q4 revenues of $18.1 billion, up 15 percent year-over-year
- Q4 net income of $4.76 billion, up from $3.18 billion in 2013
- Earnings Per Share (EPS) of $6.91, up from $4.95 in 2013
- Capital expenditures for the quarter were $3.55 billion
- Google’s effective tax rate was 16 percent
Google-owned websites (such as YouTube and others) made them $12.43 billion in revenue for Q4, which is up 18%. Partner sites made Google $3.72 billion in revenue, which was also up by 6%.
What’s surprising is the fact that 56% of the quarter’s total revenues, $10.23 billion, came from outside the US. The UK alone accounted for 9% of total revenue, which is just over $1.62 billion. In Q4 Google also hired 2000 new employees.
With Motorola now fully owned by Lenovo, Google says that from the sale of it they received a net gain of $740 million (taxes not included). With Motorola gone, Google will also be be retroactively removing any impact they had from past financial reports.
While this amount of revenue made is nowhere near as Apple’s record quarter ($74.6 billion), it’s more than enough to keep Google running.