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  • Previous Rank274
  • Country
    U.S.
  • Revenues ($M)$55,838.00
  • Revenue Percent Change37.4%
  • Profits ($M)$22,112.00
  • Profits Percent Change38.8%
  • Assets ($M)$97,334.00
  • Employees35,587

Facebook continues to grow and to impress Wall Street despite controversy. It has come under fire for its privacy practices, and for its role in the spreading of misinformation and the distribution of harmful content. Nevertheless, in 2018, it generated $55.8 billion in revenue, up 37% from 2017, while the number of users on its core app rose by 9%. It appears that 2019 will be a rollercoaster: The company has said it expects to pay a fine of up to $5 billion related to a Federal Trade Commission probe into how it manages user data. CEO Mark Zuckerberg recently announced a new privacy-based strategy that could significantly change how customers use the product, with a focus on Facebook groups, encryption, and ephemeral content.

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Company Information

CEO
Mark Zuckerberg
Sector
Technology
Industry
Internet Services and Retailing
HQ Location
Menlo Park, Calif.
Websitehttps://www.facebook.com
Years on Global 500 List3
Employees35,587

Facebook Rank History

Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$55,838.0037.4%
Profits ($M)$22,112.0038.8%
Assets ($M)$97,334.00-
Total Stockholder Equity ($M)$84,127.00-

Profit Ratios

Profit as % of Revenues39.6%
Profits as % of Assets22.7%
Profits as % of Stockholder Equity26.3%