WARC – 11/02/2020
Rob Clapp
Facebook earned over $20bn in advertising revenue in one quarter for the first time, according to the latest company reports. Advertising revenue, from all Facebook-owned platforms, reached $20.7bn in Q4 2019 – the previous high was $17.4bn in Q3 2019. The last quarter of 2019 was also the first time Facebook has earned $10.0bn from users in North America and more than $5bn in Europe ($5.1bn).