OverviewSuggest Edit

Facebook is a company that provides an online social networking service. It allows its users to connect with friends and family as well as make new connections. The platform provides its users with the ability to create a profile, update information, add images, send friend requests and accept requests from other users. It enables users to create pages related to entertainment, sports, business, finance, preferences, hobbies, culture, religion and a number of other categories. Facebook also allows its users to join or create groups related to a vast number of categories.
TypePublic
Founded2004
HQMenlo Park, US
Websitefacebook.com
Employee Ratings4.4

Latest Updates

Employees (est.) (Mar 2019)37,773(+7%)
Job Openings3,188
Revenue (FY, 2018)$55.8 B(+38%)
Share Price (Jun 2019)$174.8

Key People/Management at Facebook

Mark Zuckerberg

Mark Zuckerberg

Founder & CEO
Sheryl Sandberg

Sheryl Sandberg

COO
Eduardo Saverin

Eduardo Saverin

Co-Founder
David Wehner

David Wehner

CFO
Mike Schroepfer

Mike Schroepfer

CTO
Kenneth Chenault

Kenneth Chenault

Board Member
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Facebook Office Locations

Facebook has offices in Menlo Park, Cambridge, New York, Austin and in 80 other locations
Menlo Park, US (HQ)
1 Hacker Way #15
Altoona, US
Altoona
Ashburn, US
Ashburn, VA
Atlanta, US
1000 Marietta St NW
Austin, US
300 W 6th St
Boston, US
Boston, MA
Show all (88)

Facebook Financials and Metrics

Facebook Revenue

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Facebook's revenue was reported to be $55.84 b in FY, 2018 which is a 37.4% increase from the previous period.
USD

Revenue (Q2, 2019)

16.9b

Gross profit (Q2, 2019)

13.6b

Gross profit margin (Q2, 2019), %

80.4%

Net income (Q2, 2019)

2.6b

EBIT (Q2, 2019)

4.6b

Market capitalization (10-Jun-2019)

499.0b

Closing stock price (10-Jun-2019)

174.8

Cash (30-Jun-2019)

13.9b
Facebook's current market capitalization is $499 b.
Annual
USDFY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

229.0m606.0m1.0b53.0m1.5b2.9b3.7b10.2b15.9b22.1b

Depreciation and Amortization

78.0m139.0m323.0m649.0m1.0b1.2b1.9b2.3b3.0b4.3b

Accounts Payable

(7.0m)12.0m6.0m1.0m26.0m31.0m18.0m14.0m43.0m221.0m

Cash From Operating Activities

155.0m698.0m1.5b1.6b4.2b7.3b10.3b16.1b24.2b29.3b
USDY, 2019

Financial Leverage

1.3 x
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Facebook Operating Metrics

Facebook's Monthly Active Users was reported to be 2.4 b in Q2, 2019. Facebook's Daily Active Users was reported to be 1.6 b in Q2, 2019.
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Facebook Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
GrokStyleFebruary 08, 2019
VidpressoAugust 14, 2018
RedKixJuly 26, 2018$100 m
Bloomsbury AIJuly 03, 2018$25 m
Confirm.ioJanuary 23, 2018
DreambitJanuary 11, 2018
TBHOctober 16, 2017
Fayteq AGAugust 11, 2017
OzloJuly 31, 2017
Source3July 24, 2017
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Facebook Revenue Breakdown

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Facebook revenue breakdown by business segment: 98.5% from Advertising and 1.5% from Other

Facebook revenue breakdown by geographic segment: 8.5% from Rest of the World, 46.1% from US and Canada, 24.4% from Europe and 21.0% from Asia-Pacific

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Facebook Online and Social Media Presence

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Facebook News and Updates

Thiel's Founders Fund sells remaining Facebook shares

Early Facebook Inc backer, Founders Fund, has sold all of its holdings in the social media giant as part of a previously established trading plan by the venture capital firm's partner, Peter Thiel, according to a regulatory filing from late Monday.

Thinking about trading options or stock in Apple, Salesforce, Facebook, Johnson & Johnson, or Tyson Foods?

NEW YORK, Aug. 27, 2019 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AAPL, CRM, FB, JNJ, and TSN. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different...

Facebook is working with HackerOne on a bug bounty program for its Libra cryptocurrency

Facebook and its partners are moving ahead with its Libra cryptocurrency project and announced that it is working with HackerOne on a bug bounty program for applications built on its blockchain. The move comes even as government regulators have called for the company to suspend the project, while th…

Facebook hires lobbying firm to help sweet talk cryptocurrency regulators

Facebook‘s “cryptocurrency” Libra is facing an ever growing mountain of regulatory challenges. It seems it needs a helping hand, as it’s hired a specialist firm to lobby Washington directly. According to registration documents filed earlier this week, Facebook will be represented by Washington, DC-b…

Facebook is reportedly building a new messaging app for Instagram in its latest assault on Snapchat

Facebook is testing a new messaging app for Instagram, according to The Verge. "Threads" is designed to promote constant, intimate sharing between users and their closest friends. It functions in a similar way to Snapchat — users can send text, photo, or video messages to friends and share live up…

Coinbase’s Ex-Policy Head Will Lobby for Facebook Amid Libra Crypto Pushback

Facebook has hired a lobbying firm led by a former head of policy at Coinbase amid regulatory pushback from U.S. lawmakers over its Libra project.
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Facebook Frequently Asked Questions

  • When was Facebook founded?

    Facebook was founded in 2004.

  • Who are Facebook key executives?

    Facebook's key executives are Mark Zuckerberg, Sheryl Sandberg and Eduardo Saverin.

  • How many employees does Facebook have?

    Facebook has 37,773 employees.

  • What is Facebook revenue?

    Latest Facebook annual revenue is $55.8 b.

  • What is Facebook revenue per employee?

    Latest Facebook revenue per employee is $1.5 m.

  • Who are Facebook competitors?

    Competitors of Facebook include LinkedIn, Snapchat (Snap) and Pinterest.

  • Where is Facebook headquarters?

    Facebook headquarters is located at 1 Hacker Way #15, Menlo Park.

  • Where are Facebook offices?

    Facebook has offices in Menlo Park, Cambridge, New York, Austin and in 80 other locations.

  • How many offices does Facebook have?

    Facebook has 88 offices.