Net Revenue of Facebook from Advertising 2010-2019.
Amounts are in millions.
|Year||Advertising Revenue (millions)|
Facebook’s advertising revenue during the first half of 2020 was $36.3 billion (excluding foreign exchange effect).
The revenue of Facebook from advertising grew to $69.7 billion in 2019 from $55 billion in 2018.
Facebook is one of the leading social media platforms with an active user base that runs in billions. The company was incorporated in Delaware in July 2004. It has its headquarters at Menlo Park, California. Apart from Facebook, the company also owns Messenger, Instagram, Whatsapp, and Oculus. Substantially all of facebook’s revenue comes from advertising. The social media platform of Facebook provides attractive features for building communities and connecting with others as well as advertising and promotions.