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Facebook Reports $6.4B 2Q Revenue, +59% YoY

Mobile ad revenue was 84% of all ad revenue, up from 76% in the year-ago quarter.

July 27, 2016

1 Min Read

MENLO PARK, Calif. -- Facebook, Inc. (NASDAQ: FB) today reported financial results for the quarter ended June 30, 2016.

"Our community and business had another good quarter," said Mark Zuckerberg, Facebook founder and CEO. "We're particularly pleased with our progress in video as we move towards a world where video is at the heart of all our services."

*The information in the Second Quarter 2016 Financial Highlights table is presented in accordance with generally accepted accounting principles in the United States (GAAP). For non-GAAP financial information, see the table below titled "Reconciliation of GAAP to Non-GAAP Results."

Second Quarter 2016 Operational Highlights
•Daily active users (DAUs) – DAUs were 1.13 billion on average for June 2016, an increase of 17% year- over-year.

•Mobile DAUs – Mobile DAUs were 1.03 billion on average for June 2016, an increase of 22% year-over- year.

•Monthly active users (MAUs) – MAUs were 1.71 billion as of June 30, 2016, an increase of 15% year- over-year.

•Mobile MAUs – Mobile MAUs were 1.57 billion as of June 30, 2016, an increase of 20% year-over- year.

Second Quarter 2016 Other Financial Highlights
•Mobile advertising revenue – Mobile advertising revenue represented approximately 84% of advertising revenue for the second quarter of 2016, up from approximately 76% of advertising revenue in the second quarter of 2015.

•Capital expenditures – Capital expenditures for the second quarter of 2016 were $995 million.

•Cash and cash equivalents and marketable securities – Cash and cash equivalents and marketable securities were $23.29 billion at the end of the second quarter of 2016.

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