On July 21, Google (NASDAQ:GOOG) released earnings for the second quarter ending June 30, 2005.

  • Sequential sales growth of 10% disappointed the Street as well, sending the shares lower by nearly 5% in morning trading.
  • Revenue from Google sites grew 115% year-over-year. Revenue from partner sites grew 82% year-over-year.
  • While keeping with its policy of no specific guidance, Google management said sequential sales growth may not match last year's 15% during the third quarter.

(Figures in thousands, except per-share data)

Income Statement Highlights (What's this?)

Avg. Est.

Q2 2005

Q2 2004

% Change

Sales

$841,890

$1,384,495

$700,212

+97.7%

Net Profit

--

$342,814

$79,063

+333.6%

EPS

$1.21

$1.19

$0.30

+296.7%

Margin Checkup (What's this?)

Q2 2005

Q2 2004

Change

Gross Margin

56.87%

53.39%

+3.48%

Op. Margin

34.36%

24.42%

+9.94%

Net Margin

24.76%

11.29%

+13.47%

Balance Sheet Highlights (What's this?)

Assets

Q2 2005

Q2 2004

% Change

Cash+ ST Invest.

$2,947,967

$548,687

+437.3%

Inventory

$-

$-

N/A

Accounts Rec.

$419,238

$191,187

+119.3%


Liabilities

Long-Term Debt

$-

$-

N/A

Accounts Pay.

$105,572

$61,830

+70.7%

Cash Flow Highlights (What's this?)

Q2 2005

Q2 2004

% Change

Cash From Ops

$1,154,241

$370,604

+211.4%

Capital Expend.

$299,854

$182,283

+64.5%

Free Cash Flow

$854,387

$188,321

+353.7%

Related Companies:

  • Microsoft (NASDAQ:MSFT)
  • Time Warner (NYSE:TWX)
  • United Online (NASDAQ:UNTD)
  • Yahoo! (NASDAQ:YHOO)
  • Ask Jeeves (NASDAQ:ASKJ)
  • Guru Net (AMEX:GRU)

Related Foolishness:

Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.comfor more of our in-depth discussion of what the numbers mean.

Fool contributor Tim Beyers didn't own shares in any of the companies mentioned in this story at the time of publication. You can find out what's in his portfolio by checking Tim's Fool profile here.