facebook profit 2020

Facebook shares gained more than 6% in after-hours trading.  … Facebook’s efforts to monetize its users have vastly differing results across global regions. In 2020, Facebook's revenue amounted to roughly 86 billion US dollars, up from 70.7 billion U.S. dollars in the previous fiscal year. In the fourth quarter of 2020, Facebook's average revenue per user (ARPU) in … The positive revenue results show the company is starting to recover from the coronavirus-related economic downturn. Facebook capital expenditures for 2020 are now expected to be in the range of $14 billion to $16 billion, down from the original expectation of $17 billion to $19 billion, Wehner said. Facebook's revenue grew from 7.87 billion in 2013 to 86 billion US dollars in 2020. This statistic presents Facebook's revenue and net income from 2007 to 2020. Facebook announced its Q2 2020 financial results on Thursday. Facebook, Inc. (Nasdaq: FB) today reported financial results for the quarter and full year ended December 31, 2019. Facebook monthly active users (MAUs) – MAUs were 2.60 billion as of March 31, 2020, an increase of 10% year-over-year. "We remain focused on building services that help people stay connected to those they care about." Facebook generated around $21.5 billion in revenue in Q3 2020, up 22% year-on-year. First Quarter 2020 Operational and Other Financial Highlights. This represents steep jump from previous quarters and a … In the fourth quarter of 2020, Facebook's net income amounted to over 11.2 billion U.S. dollars. Facebook annual/quarterly revenue history and growth rate from 2009 to 2020. Facebook posted net income of $29.1 billion on $86.0 billion in total revenue for a net profit margin of 33.9% in FY 2020, which ended December 31, 2020. Profit for the second quarter nearly doubled to $5.18 billion, or $1.80 a share, exceeding Wall Street estimates. Facebook daily active users (DAUs) – DAUs were 1.73 billion on average for March 2020, an increase of 11% year-over-year. 2.8 billion monthly active Facebook users by the end of 2020 ()1.8 billion of Facebook users (66%) use the app on a daily basis ()Asia Pacific is home to the largest share of Facebook users (43%), followed by the rest of world (Latin America and Africa, 33%), then Europe (15%) and US and Canada (9%) ()India (320 million), the US (190 million), and Indonesia (140 million) are the countries … The social network's main source of … The company beat Wall Street's expectations for revenues, profits, and user growth, sending its stock jumping 8%. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. "We had a good quarter and a strong end to the year as our community and business continue to grow," said Mark Zuckerberg, Facebook founder and CEO. 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