Google Reports Q2 2015 Earnings With $17.7 B Revenue

Jul 20, 2015

Google’s Q2 earning’s report is in which ran from the dates of April 1st of this year till June 30th, and according to the search company their Q2 results are “strong.” They don’t necessarily attribute all their success in Q2 to Search, but they do state that core Search, (particularly on mobile) is a stand out product which reflects continued growth across all their offerings. Analysts were expecting an EPS (earnings per share) of $6.74 with a gross revenue of $17.79 billion. According to Google’s report, their revenue earnings are $17.7 billion which translates to an 11 percent year-over-year revenue growth and a constant currency revenue growth of 18% year-over-year.

While Google’s core Search within mobile was a particular driver for their revenue growth in Q2, YouTube is continuing to grow with support from Search. This year’s Q2 earnings my be just barely under what analysts were expecting, but compared to the same earnings quarter from 2014, Google is up from $15.96 billion. This is the 11% revenue growth year-over-year. Interestingly enough though this is not as much year-over-year growth as Google saw from 2013 to 2014 which was set at a 22% increase. When it comes to GAAP operating income, Google rose from $4.258 billion in 2014 to $4.825 billion in 2015 with a GAAP operating margin of 27 percent, while GAAP net income rose from $3.351 billion in 2014 to $3.931 billion in 2015.

The bulk of Google’s revenue during the second quarter comes from advertising revenues, reaching a total of $16.23 billion with $1.7 billion in other revenues added to make up the total of $17.7 billion listed above. The majority of Google’s ad revenue also came from their own websites reaching a total of $12.4 billion and $3.62 billion coming from Google’s network partner sites. These figures translate to a 13 percent increase of Google’s own site revenues from last year, a 2 percent increase of revenues from Google’s network partner sites from last year, and a 4 percent and 1 percent increase respectively for those same figures from Q1 to Q2 of 2015. Paid clicks are up 18 percent over 2014 while they’re up 7 percent over the previous quarter, and cost per clicks are down 11 percent over last year and down 4 percent over the last quarter. Google also reports a strong operating cash flow of $7 billion.

Source: Android Headlines