The above graph represents Facebook revenue by year, starting from the fiscal year 2007 to the recently completed year. Facebook global revenue increased an appreciable 26.6% YoY in 2019, to an all-time high of $70,697 million.
|Source||Facebook Annual Reports, SEC Filings|
|Note||Facebook fiscal year starts from January 1st|
It’s important to note that Facebook generates a majority of its revenue from its advertising business, every year. In 2019, Facebook’s advertising revenue represented 98.5% of the company’s total revenue.
Facebook annual revenue increased from just $153 million in 2007 to a whopping $1,974 million in 2010, representing nearly 13-fold increase!
It was 2012 when Facebook reported over $5 billion in annual revenue since its inception. The total revenue increased an impressive 37% YoY to $5,089 million ($5.1 billion), globally. The growth was primarily driven by the 36% YoY growth in its advertising revenue during 2012.
Interestingly, the social media giant achieved over $50 billion revenue milestone in 2018. The total annual revenue of Facebook clocked $55,838 million ($55.8 billion) in 2018, with a strong year-over-year growth of 37.4% YoY. Over 30% of that came alone in the fourth quarter.
Despite all the data breach and privacy issues, Facebook has been witnessing significant year-over-year growth in its annual revenues and net profits.
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.