Facebook reported financial results for the fourth quarter and full year ended December 31, 2015. “2015 was a great year for Facebook” said Mark Zuckerberg, Facebook founder and CEO.
“2015 was a great year for Facebook. Our community continued to grow and our business is thriving. We continue to invest in better serving our community, building our business, and connecting the world.“said Mark Zuckerberg, Facebook founder and CEO.
Non-GAAP financial measures exclude amortization of intangible assets, share-based compensation and related payroll tax expenses. Non-GAAP net income and EPS also exclude the income tax effects of these non-GAAP adjustments. See the table below titled “Reconciliation of Non-GAAP Results to Nearest GAAP Measures.”
Full Year 2015 Business Highlights
Revenue – Revenue for the full year 2015 was $17.93 billion, an increase of 44% year-over-year.
Income from operations – Income from operations for the full year 2015 was $6.23 billion.
Net income – Net income for the full year 2015 was $3.69 billion.
Free cash flow – Free cash flow for the full year 2015 was $6.08 billion.
Daily active users (DAUs) – DAUs were 1.04 billion on average for December 2015, an increase of 17% year-over-year.
Mobile DAUs – Mobile DAUs were 934 million on average for December 2015, an increase of 25% year-over-year.
Monthly active users (MAUs) – MAUs were 1.59 billion as of December 31, 2015, an increase of 14% year-over-year.
Mobile MAUs – Mobile MAUs were 1.44 billion as of December 31, 2015, an increase of 21% year-over-year.
Fourth Quarter 2015 Other Financial Highlights
Mobile advertising revenue – Mobile advertising revenue represented approximately 80% of advertising revenue for the fourth quarter of 2015, up from 69% of advertising revenue in the fourth quarter of 2014.
Capital expenditures – Capital expenditures for the fourth quarter of 2015 were $692 million.
Cash and cash equivalents and marketable securities – Cash and cash equivalents and marketable securities were $18.43 billion at the end of the fourth quarter of 2015.
Free cash flow – Free cash flow for the fourth quarter of 2015 was $2.14 billion.