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Exhibit 99.1
Facebook Reports Fourth Quarter and Full Year 2012 Results
MENLO PARK, Calif. – Jan. 30, 2013 – Facebook, Inc. (NASDAQ: FB) today reported financial results for the fourth quarter and full year ended December 31, 2012.
“In 2012, we connected over a billion people and became a mobile company,” said Mark Zuckerberg, Facebook founder and CEO. “We enter 2013 with good momentum and will continue to invest to achieve our mission and become a stronger, more valuable company.”
Fourth Quarter and Full Year 2012 Financial Summary
| In millions, except percentages and per share amounts | Q4’11 | Q4’12 | FY’11 | FY’12 | ||||||||||||
| Revenue |
$ | 1,131 | $ | 1,585 | $ | 3,711 | $ | 5,089 | ||||||||
| Income from Operations |
||||||||||||||||
| GAAP |
$ | 548 | $ | 523 | $ | 1,756 | $ | 538 | ||||||||
| Non-GAAP |
$ | 624 | $ | 736 | $ | 1,980 | $ | 2,261 | ||||||||
| Operating Margin |
||||||||||||||||
| GAAP |
48 | % | 33 | % | 47 | % | 11 | % | ||||||||
| Non-GAAP |
55 | % | 46 | % | 53 | % | 44 | % | ||||||||
| Net Income |
||||||||||||||||
| GAAP |
$ | 302 | $ | 64 | $ | 1,000 | $ | 53 | ||||||||
| Non-GAAP |
$ | 360 | $ | 426 | $ | 1,164 | $ | 1,317 | ||||||||
| Diluted Earnings per Share (EPS) |
||||||||||||||||
| GAAP |
$ | 0.14 | $ | 0.03 | $ | 0.46 | $ | 0.01 | ||||||||
| Non-GAAP |
$ | 0.15 | $ | 0.17 | $ | 0.50 | $ | 0.53 | ||||||||
Fourth Quarter 2012 Operational Highlights
| • | Monthly active users (MAUs) were 1.06 billion as of December 31, 2012, an increase of 25% year-over-year |
| • | Daily active users (DAUs) were 618 million on average for December 2012, an increase of 28% year-over-year |
| • | Mobile MAUs were 680 million as of December 31, 2012, an increase of 57% year-over-year |
| • | Mobile DAUs exceeded web DAUs for the first time in the fourth quarter of 2012 |
1
The following information was filed by Facebook Inc (FB) on Wednesday, January 30, 2013 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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