Google Hits Record Revenue in Q4, Breaks the $50 Billion, €37.57 Billion Barrier in 2012

Google had a great quarter and a great year, overall

By on January 23rd, 2013 09:13 GMT

Google has revealed its fourth quarter financial results and with that the results for 2012. Revenue was a lot higher than analysts expected in Q4 and so was profit. Overall, the last quarter pushed Google's revenue for the year over the $50 billion, €37.57 billion mark, for the first time in its history.

"We ended 2012 with a strong quarter," Larry Page, Google's CEO, said. "Revenues were up 36% year-on-year, and 8% quarter-on-quarter. And we hit $50 billion in revenues for the first time last year – not a bad achievement in just a decade and a half."

Google brought in $14.42 billion, €10.83 billion in the last quarter, a 36 percent increase over Q4 2011 revenue.

Profits were also on the rise, $2.89 billion, €2.17 billion in Q4 compared to $2.71 billion, €2.04 billion in Q4 2011 and only $2.18 billion, €1.64 billion in Q3 2012.

Revenues were higher than expected, indicating that Google is still going strong. A 32 percent increase in revenues from 2011 to 2012 is no small feat for a company so large.

While there are challenges, mobile being the biggest, it doesn't seem like Google is slowing down.


Google made more money last year than ever before
   Google made more money last year than ever before