Facebook, Inc. today reported financial results for the third quarter, which ended September 30, 2013.
Third Quarter 2013 Operational Highlights
Daily active users (DAUs) were 728 million on average for September 2013, an increase of 25% year-over-year. Monthly active users (MAUs) were 1.19 billion as of September 30, 2013, an increase of 18% year-over-year.
Mobile MAUs were 874 million as of September 30, 2013, an increase of 45% year-over-year. Mobile DAUs were 507 million on average for September 2013.
Third Quarter 2013 Financial Highlights
Revenue – Revenue for the third quarter of 2013 totaled $2.02 billion, an increase of 60%, compared with $1.26 billion in the third quarter of 2012.
Revenue from advertising was $1.80 billion, a 66% increase from the same quarter last year.
Mobile advertising revenue represented approximately 49% of advertising revenue for the third quarter of 2013. Payments and other fees revenue was $218 million for the third quarter of 2013.
Costs and expenses – GAAP costs and expenses for the third quarter of 2013 were $1.28 billion, an increase of 45% from the third quarter of 2012 driven primarily by infrastructure expense and increased headcount. Excluding share-based compensation and related payroll tax expenses, non-GAAP costs and expenses were $1.03 billion in the third quarter of 2013, up 40% compared to $737 million for the third quarter of 2012.
Income from operations – For the third quarter of 2013, GAAP income from operations was $736 million, compared to GAAP income from operations of $377 million in the third quarter of 2012. Excluding share-based compensation and related payroll tax expenses, non-GAAP income from operations for the third quarter of 2013 was $987 million, up 88% compared to $525 million for the third quarter of 2012.
