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Facebook company reported for the fourth quarter of 2020 and for the year as a whole



Facebook has reported for the next quarter. Her fiscal year is the same as the calendar year, so this was the fourth quarter of 2020. Since the fourth quarter is the last quarter of the year, the results for 2020 as a whole were released at the same time. First, consider the results for the fourth quarter of 2020.

Facebook’s revenue in the fourth quarter of 2020 was $ 28.072 billion. This is 33% more than in the fourth quarter of 2019, equal to $ 21.082 billion.

Facebook’s operating income in the fourth quarter of 2020 was $ 12.775 billion. This is 44% more than in the fourth quarter of 2019, equal to $ 8.858 billion.

The operating margin in the fourth quarter of 2020 was 46%. In the fourth quarter of 2019, it was 42%.

Facebook’s fourth-quarter 2020 net profit reached $ 11.219 billion. This is 53% more than in the fourth quarter of 2019, equal to $ 7.349 billion.

These were the results of the fourth quarter of 2020, and now let’s move on to the indicators for 2020 as a whole.

Facebook’s revenue in 2020 was $ 85.965 billion. This is 22% more than in 2019, when revenue was $ 70.697 billion.

Facebook’s operating income for the full year of 2020 was $ 32.761 billion. This is 36% more than in 2019, equal to $ 23.986 billion.

The operating margin in 2020 was 38%. In 2019, this figure was 34%.

Finally, Facebook’s net income for the entire 2020 was $ 29.146 billion. This is 58% more than in the entire 2019, when the company received net profit of $ 18.486 billion.

As of December 2020, the number of daily active users of the social network Facebook was 1.84 billion.This figure grew by 11% compared to December 2019, that is, in 12 months or a year.

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