Google announces Q2 earnings: $9.02 billion in revenue, $2.51 billion in net income

It’s everybody’s favorite time of year. Yup, the Q2 earnings results are coming in, and Google’s leading the pack, reporting $9.02 billion in gross revenue for the second one quarter of 2011: a 32 percent increase over the identical period in 2010. CEO Larry Page notes, that’s a “record breaking over $9 billion of revenue,” with net income reaching $2.51 billion, up from $1.84 billion in Q2 2010. Google’s various site’s apparently made up 69 percent of the $9.02 billion in revenue, generating $6.23 billion — 2010 numbers were $4.50 billion. Operating expenses saw a small increase over 2010, cutting into profits by $2.97 billion, up from $1.99 billion.

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This post is tagged: earnings results, gross revenue, net income, operating expenses, q2 earnings, second quarter, time of year