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Facebook shares 2017 Q2 earnings

Statista shared in a chart the Facebook earnings since 2016 second quarter (Q2) till this year’s and we see the social media company has managed to net 71% of profits since then and gross by 45% in the same period. You can see the full breakdown here.

‘In Q2, the company posted a year-on-year increase in net income of 71 percent. Moving up from the $2.3 billion in 2016, the last three months put $3.9 billion in the Facebook coffers. Revenue is a similar story, with global advertising income helping to power a 45 percent year-on-year increase to $9.2 billion’ – Statista

Some other Facebook figures you may be interested in are:

  • Daily active users (DAUs) – DAUs were 1.32 billion on average for June 2017, an increase of 17% year-over-year.
  • Monthly active users (MAUs) – MAUs were 2.01 billion as of June 30, 2017, an increase of 17% year-over-year.
  • Mobile advertising revenue – Mobile advertising revenue represented approximately 87% of advertising revenue for the second quarter of 2017, up from approximately 84% of advertising revenue in the second quarter of 2016.
  • Capital expenditures – Capital expenditures for the second quarter of 2017 were $1.44 billion.
  • Cash and cash equivalents and marketable securities – Cash and cash equivalents and marketable securities were $35.45 billion at the end of the second quarter of 2017.
  • Headcount – Headcount was 20,658 as of June 30, 2017, an increase of 43% year-over-year.