BENGALURU: Social media major Facebook (FB) reported a 40.5 per cent hike in Y-o-Y revenue to $4,501 million in the quarter ended September 30, 2015 (Q3-2015, current quarter) as compared to the $3,203 million in the corresponding quarter of last year. The company’s non-GAAP net income rose 41.7 percent Y-o-Y to $1,628 million (36.2 per cent margin)in the current quarter as compared to $1,149 million (35.9 per cent margin) in Q3-2014. FB’s GAAP income increased 11.2 per cent to $896 million in the current quarter as compared to $806 million in Q3-2014.
“We had a good quarter and got a lot done,” said Facebook founder and CEO Mark Zuckerberg. “We’re focused on innovating and investing for the long term to serve our community and connect the entire world.”
Operational highlights
Daily active users (DAUs) – DAUs were 1.01 billion on average for September 2015, an increase of 17 per cent Y-o-Y
Mobile DAUs – Mobile DAUs were 894 million on average for September 2015, an increase of 27 per cent Y-o-Y.
Monthly active users (MAUs) – MAUs were 1.55 billion as of September 30, 2015, an increase of 14 per cent Y-o-Y.
Mobile MAUs – Mobile MAUs were 1.39 billion as of September 30, 2015, an increase of 23 per cent Y-o-Y.
Financial highlights
Growth in revenue was driven by a 45.4 percent growth in Advertising revenue to $4,299 million in the current quarter as compared to the $2,597 million in Q2-2014.
Mobile advertising revenue
Mobile advertising revenue represented approximately 78 per cent of advertising revenue for Q3-2015, up from 66 per cent of advertising revenue in Q3-2014.
Capital expenditures – Capital expenditures for Q3- 2015 were $780 million.
Cash and cash equivalents and marketable securities – Cash and cash equivalents and marketable securities were $15,830 million at the end of Q3-2015.
Free cash flow – Free cash flow for Q3-2015 was $1,410 million.