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Facebook revenues up 33% YoY; 1.5B daily Facebook users in Q3 2018

Facebook posted total revenues of $13.727 billion (up 33% YoY), of which ad revenues were $13.5 billion, up 33% YoY; and $188 million from payments and other fees for the quarter ended September 2018 (Q3 2018). Mobile ad revenues accounted for 92% Facebook’s ad revenues for this quarter, up from 88% in the same quarter last year. Its total income from operations was $5.78 billion (up 13% YoY), with an operating margin of 42%. Net income for the quarter was $5.13 billion, up 9% YoY from $4.7 billion in the same quarter last year. Facebook’s capex was $3.34 billion, and its cash, cash equivalents and marketable securities were at $41.21 billion at the end of the quarter. At the quarter ended September, Facebook had 33,606 employees, up 45% YoY. In the Q3 2018 quarter, Facebook spent $1.9 billion on marketing and sales, $2.6 billion on research and development. All figures below are for the quarter ended September 2018. User metrics Over 2.6 billion people use Facebook, WhatsApp, Instagram, or Messenger every month Over 2 billion people use at least one of this “Family” of services everyday 2.3 billion people use Facebook every month, and 1.5 billion every day. DAUs DAUs were 1.49 billion, an increase of 9% YOY US and Canada users remained the same from the previous quarter at 185 million Europe users dropped to 278 million from 279 million APAC gained 15 million users from the last quarter to 561 million The Rest of the World gained 9…

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I'm a MediaNama alumna from 2015-16 (remember TinyOwl?) now back to cover e-services like food and grocery delivery, app based transport and policies, platforms and media in India.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

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