How Much Does Facebook Earn Per Day?
Facebook is one of the largest social media platforms in the world, with over 2.8 billion active users as of December 2020. The company has a variety of revenue streams, including advertising, payments, and fees from third-party apps. So, how much money does Facebook make each day?
"Facebook, earnings, daily income"
According to its financial reports, Facebook generated $36.4 billion in revenue in 2020, which averages out to approximately $99.7 million per day. However, this number is not fixed and can vary depending on a variety of factors, including the company's advertising revenue, user growth, and engagement.
In fact, Facebook's advertising revenue alone accounted for 98.5% of its total revenue in the fourth quarter of 2020, bringing in $28.1 billion in just three months. This means that on average, Facebook earned around $308 million per day from advertising during this quarter.
It's important to note that Facebook's earnings can fluctuate based on many different factors, including changes to its algorithms, user engagement, and competition from other social media platforms. However, the company's dominant position in the social media market means that it is likely to continue to be a major earner for years to come.
So, how much does Facebook earn per day? While the exact amount can vary, it's safe to say that the company generates millions of dollars in revenue on a daily basis, primarily from its advertising business.