Facebook records profit despite scandals

Facebook reported $6.88 billion in net profits in the final three months of 2018 – a jump of 61% from the same period a year earlier – while revenue for the quarter rose 30% to $16.91 billion

Annual revenue ($ millions)

Net profits ($ millions)

2016: Facebook allows Cambridge Analytica to gather data from 87 million users to influence U.S. presidential election

2011: U.S. Federal Trade Commission charges Facebook with sharing user information with advertisers

2014: Facebook launches mood- manipulation experiment on more than 500,000 users

1,974  3,711 5,089 7,872 12,466 17,928 27,638 40,654 55,838
                   1,500  2,940  3,688 10,217 15,934  22,112
 2010   2011  2012  2013  2014   2015   2016   2017   2018

Monthly active users (Q4, millions) 

U.S.-Canada  Europe  Asia-Pacific Rest of world 
    242       381       947           750


 
Source: Facebook financial results © GRAPHIC NEWS