Google has announced the gross revenue of $2.25 billion for the first quarter of 2006. There is an increase of 79% compared to the first quarter of 2005.


Google has announced the gross revenue of $2.25 billion for the first quarter of 2006. There is an increase of 79% compared to the first quarter of 2005.

Eric Schmidt, CEO of Google, said: “Google had an exceptional quarter with strong growth and profitability, from both Google properties and the network.”

Google – Q1 Financial Summary:

* Google Sites Revenues – $1.30 billion
* Google Network Revenues – $928 million
* International Revenues – 42% of total revenues
* TAC – Traffic Acquisition Costs – $723 million
* Operating Expenses – $607 million
* Operating Income – $743 million
* Net Income – $592 million

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