Facebook: quarterly net income 2010-2019

Facebook's net income from 1st quarter 2010 to 2nd quarter 2019 (in million U.S. dollars)

by J. Clement, last edited Aug 9, 2019
Facebook: quarterly net income 2010-2019 In the second quarter of 2019, Facebook's net income amounted to 2.6 billion U.S. dollars, a slight increase from the 2.43 billion in the previous quarter but by no means comparable results to earlier quarters. This is largely related to legal expenses regarding a FTC matter and settlements in the United States. The company’s most recent annual net income amounted to 22 billion U.S. dollars.
Facebook company information

Facebook is the biggest social network worldwide. The platform generates the vast majority of its revenues through advertising – as of the beginning of 2019, 98 percent of Facebook’s revenues were derived from ad sales, making the company highly dependent on market regulations regarding digital ad sales. As of 2018, Facebook was second only to Google in terms of digital advertising revenues. The company’s ad revenue during this period amounted to 55 billion U.S. dollars. Facebook is still among the fastest-growing tech companies in the world. In 2018, the company increased its revenue by 37 percent, ahead of Netflix and Amazon. Facebook founder Mark Zuckerberg also ranks among the richest internet billionaires with a personal net worth of over 62 billion U.S. dollars.
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Facebook's net income from 1st quarter 2010 to 2nd quarter 2019 (in million U.S. dollars)

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