google revenue 2007 first quarter

Google just released their financial results for the first quarter of 2007 ending March 31st with the revenues of $3.66 billion. That is “an 63% increase compared to the same period last year and 14% increase compared to the fourth quarter of 2006.”

GAAP net income for the first quarter of 2007 was $1.0 billion as compared to $1.03 billion in the fourth quarter of 2006. Non-GAAP net income was $1.16 billion in the first quarter of 2007, compared to $997 million in the fourth quarter of 2006.”

The report says that Google-owned site generated $2.28 billion (62%) of the total revenues and 1.35 billion (37%) from partner sites that uses Google AdSense.

Trivia:

  • Free cash flow: $623 million
  • Googlers: 12,238 full-time employees, up from 10,674 full time employees as of December 31, 2006
  • International Revenues: $1.71 billion (47%)
  • Paid Clicks: Increased approximately 52% over the first quarter of 2006 and approximately 13% over the fourth quarter of 2006
  • DoubleClick: Will cost Google $3.1 billion in cash

Checkout this slideshow[PDF] for more information.