The above graph represents the worldwide Google revenue by quarter, starting from fiscal Q1 2002 to Q2 2021. Google quarterly revenue reached an all-time high of $45,812 million in Q4 2019, representing an impressive 17.5% YoY growth. On a quarterly basis, the company reported 13.6% QoQ growth in Q4 2019 revenue.
|Source||Google Inc., Alphabet Inc.|
|Note||Google fiscal year starts from January 1st|
Google is a subsidiary of Alphabet Inc. since August 2015.
The search giant reported more than $10 billion in revenue in fiscal Q4 2011. The total quarterly revenue of Google increased an appreciable 25.4% YoY during the fourth quarter of 2011, to a whopping $10,584 million or $10.6 billion.
Google achieved another milestone in fiscal Q4 2016; the total revenue increased 21.8% YoY to $25,802 million or $25.8 billion, globally. However, by that time, Google remained no more an independent company, but became a subsidiary of Alphabet Inc.
Note: The graph shows Google’s total revenues generated from its segment (advertising and other) only. The quarterly revenue from fiscal Q2 2012 to Q4 2013 excludes the Motorola Mobile and Motorola Home business revenues.
Google LLC (formerly Google Inc.) was incorporated in September 1998, by Larry Page and Sergey Brin while they were PhD. students at Stanford University in California. Google is a subsidiary of Alphabet Inc., headquartered in Mountain View, CA, United States.
After 6 years of its inception, Google IPO (Initial public offering) took place at $85 per share. On August 19, 2004, the company began trading at the Nasdaq and ended the day at $100.34, closing 18.05% above its offering price.
In October 2006, Google acquired the video-sharing site YouTube for $1.65 billion in Google stock. Some of the biggest acquisitions include DoubleClick on April 13, 2007 (for $3.1 billion in cash), Motorola Mobility on May 22, 2012 ( for $12.5 billion), Waze on June 11, 2013 (for $966 million in cash), Nest Labs on on January 14, 2014 (for $3.2 billion in cash), HTC (smartphone division) on September 21, 2017 (for $1.1 billion in cash), etc.
In August 2015, Google became a wholly-owned subsidiary of Alphabet. Alphabet Inc. (NASDAQ: GOOGL) replaced Google Inc. (NASDAQ: GOOGL) as the publicly-traded entity and all shares of Google automatically converted into the same number of shares of Alphabet, with all of the same rights.
On September 1, 2017, Alphabet announced a new holding company XXVI Holdings Inc. to manage its “Other Bets”. At the same time, Google announced its plans of restructuring as a limited liability company, Google LLC, as a wholly owned subsidiary of XXVI Holdings Inc.
Sundar Pichai is currently the chief executive officer (CEO) of Alphabet Inc. and its subsidiary Google LLC.
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