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The above graph represents Facebook revenue and net income by year, starting from fiscal 2007 to the recently completed year. The company reported its highest-ever annual revenue of $70,697 million in 2019, with an impressive 26.6% YoY growth. However, despite that the net profit declined a notable 16.4% YoY to $18,485 million during the whole year.
Facebook Revenue vs Net Income: History
| Region | Worldwide |
| Source | Facebook Annual Reports, SEC Filings |
| Graph ID | 255 |
| Note | Facebook fiscal year starts from January 1st |
Interestingly, the fiscal 2018 remained one of the most memorable years for Facebook as the annual revenue crossed $50 billion mark and net income crossed $20 billion mark for the first time. While Facebook’s global revenue in 2018 increased a massive 37% YoY to $55,838 million ($55.8 billion), the net profit also soared 38.8% YoY to $22,112 million ($22.1 billion).
As the graph shows, Facebook’s revenue and net income, both have been increasing at a phenomenal pace between 2009 and 2019. It was fiscal 2010 when Facebook achieved ~$2 billion annual revenue milestone, globally. In just one year, the company’s revenue increased a whopping 154% YoY, from $777 million in 2009 to $1,974 million in 2010. While Facebook net income crossed $500 million mark for the first time in 2010. The company recorded a massive 164.6% YoY growth in its net profit, increased from $229 million in 2009 to $606 million in 2010.
In 2011, the company achieved another milestone of touching $1 billion net profit. Facebook’s net profit in 2011 soared 65% YoY to $1000 million ($1 billion), globally. The revenue also increased a huge 88% YoY to $3,711 million ($3.7 billion).
The above graph is a part of Dazeinfo GraphFarm – the most trusted source of hundreds of thousands of market graphs. Our team of researchers mines millions of data points every month to bring the most updated and validated set of data points representing the comprehensive view in a graphical format. From mobile to e-commerce, from Retail to healthcare, from startups to SMEs we have carefully designed thousands of graphs for those who value and understand the importance of data visualisation.
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