Q2 2010 Google Revenues

Google has now released its second quarter 2010 earnings.

The main highlight ofthe news is that their revenue grew 24% year-over-year to $6.82 billion.

Looking at Q1 2010 results there was not much growth. In Q1 Google reported $6.77 billion in revenue.

Some more details on the latest Q2 earnings report:

– Google-owned sites generated $4.5 billion in revenue.

– AdSense and non-Google websites brought in $2.06 billion for the company

– International income sources represented 52% of total revenue.

– Paid clicks increased by 15% from Q2 2009, but decreased by 3% from Q1 2010.

– Google paid out $1.73 billion to its partners in Q2 2009 (74% of advertising revenue) from AdSense and non-Google websites.

– Google now has $30.1 billion cash in the bank, whereas they had $26.5 billion three months ago. This is even after large purchases such as AdMob and ITA Software.