According to the audited financial statement (download PDF) released Monday, total revenues for 2010 were $121.1 million, up 18.1% from 2009′s $104.3 million.
Revenue growth last year was just over half that of the 34% increase Mozilla touted for 2009. This was the second annual report in a row that Mozilla did not disclose the individual amounts it received from its search partners.
Instead, in a FAQ tied to the report, Mozilla repeated nearly word for word a line it used last year: “The majority of Mozilla’s revenue continues to be generated from the search functionality included in our Mozilla’s Firefox product through all major search partners including Google, Bing, Yahoo, Yandex, Amazon, eBay and others.”
Historically, Google has accounted for most of Mozilla’s search royalties. In 2008, Google’s payments made up 88% of the total. That reliance on a rival often raises questions about Mozilla’s income stability, especially with Mozilla’s contract with Google expiring next month. Nevertheless…
These contracts are based on access to users who might be exposed to Google through the browser and Firefox still has a significant share that is worthwhile to pay for. I don’t see the value for Google to abandon that crowd because doing so is not going to help Chrome gain any more traction. – Al Hilwa, an analyst with IDC
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Being passionate about software, Armin joined FavBrowser.com in early 2011 and has been actively writing ever since. Having accepted the challenge, he also enjoys watching anime, indulging in good books, staying fit and healthy, and trying new things.