On Wednesday, Facebook reported advertising revenue at $16.6 billion for the final quarter of last year, up 30 percent year-over-year. The statistic shows the revenue of Facebook from 2009 to 2019, by segment. Facebook's revenue grew from 8 billion in 2013 to 56 billion US dollars in 2018. 7. Facebook reports strong ad revenue. 2. Facebook ad revenue for the year is pegged at $67.8 billion for the year, a drop of $15.7 billion (-19%) vs. Cowen’s previous forecast. The social network's main source of income is digital advertising. If you happen to have been living under a rock for most of the 21 st century, the primary function of Facebook is to allow users to connect with friends and acquaintances.
That year, Facebook accumulated a net income of 22 billion US dollars. Revenue is the top line item on an income statement from which all costs and expenses are … The social network's advertising revenue in 2019 amounted to 69.6 billion U.S. dollars, a … The app counts 2.45 billion users, as of Q3 2019. 2019 Facebook has released their statistics for the fourth quarter of 2018, showing an increase in the number of active users by 2.2% to 2.32 billion and a total revenue of $16.91 billion.

The ‘action’ takes place along a feed known as the timeline, on which you can read updates posted by your friends. Total revenue earned during the quarter was $16.9 billion, with daily active users (DAU) at 1.52 billion, up 9 percent year over year. In 2019, Facebook's revenue amounted to 70.7 billion US dollars, up from 55.8 billion U.S. dollars in the previous fiscal year.