Facebook Revenue Growth History

Let s take a moment to reflect what has made the world s greatest social network so great.

Facebook revenue growth history. With the quarterly revenue reported in the jun 30 2020 period facebook inc s cumulative twelve months revenue were 75 158 millions company would post below average annual revenue growth of 6 2 year on year if the fiscal year would end at jun 30 2020. Facebook s revenue grew from 7 87 billion in 2013 to 70 7 billion us dollars in 2018. That year the social network accumulated a net income of 18 49 billion us dollars ranking first among social. 1 154 bagger by the.

A slow down in the facebook inc s revenue growth from the 18687 growth in jun 30 2020. A slow down in the facebook inc s revenue growth from the 17737 growth in mar 31 2020. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Facebook is now entering that stage.

With the quarterly revenue reported in the sep 30 2020 period facebook inc s cumulative twelve months revenue were 78 976 millions company would post below average annual revenue growth of 6 27 year on year if the fiscal year would end at sep 30 2020. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. Cumulative revenue growth comment. Total advertising revenue increased 22 year over year driving virtually all of the.

Facebook s revenue growth is slowing and its profit margins have started to narrow source. If user growth starts to go flat or decline for these companies revenue growth must come from squeezing ever more value from existing users. Facebook s operating profit in the first two quarters of 2019 excludes the impact of a 5. Facebook annual quarterly revenue history and growth rate from 2009 to 2020.

Facebook has experienced incredible growth since it was founded in february 2004.