Facebook: worldwide quarterly revenue 2011-2020
In the first quarter of 2020, social network Facebook's total revenues amounted to 17.7 billion U.S. dollars, the majority of which were generated through advertising. The company announced over seven million active advertisers on Facebook during the third quarter of 2019. During that fiscal period, the company’s net income was 4.9 billion U.S. dollars.
Facebook company information It is hard to imagine internet without social media and social media without Facebook. With 2.45 billion monthly active users, Facebook is the biggest social network worldwide. In fact, nearly 1.74 billion users access Facebook on a daily basis. Due to its immense reach, Facebook is a highly influential publisher – in October 2018, 23 percent of respondents stated that the leading digital channel that influenced their decision to complete a purchase was Facebook, while in comparison only three percent of respondents reported similar responses when asked about Twitter. Brands value social media marketing for increased exposure, traffic and leads, and it is no surprise that Facebook can deliver on these metrics in vast quantities.
Facebook company information It is hard to imagine internet without social media and social media without Facebook. With 2.45 billion monthly active users, Facebook is the biggest social network worldwide. In fact, nearly 1.74 billion users access Facebook on a daily basis. Due to its immense reach, Facebook is a highly influential publisher – in October 2018, 23 percent of respondents stated that the leading digital channel that influenced their decision to complete a purchase was Facebook, while in comparison only three percent of respondents reported similar responses when asked about Twitter. Brands value social media marketing for increased exposure, traffic and leads, and it is no surprise that Facebook can deliver on these metrics in vast quantities.
