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Facebook’s Daily Active Users Are Up By 19 Percent

Facebook just released their Second Quarter 2014 Financial Summary, included in the report are a lot of positive statistics for the social media giant.

Most notably, compared to last year there is a 19% increase in daily active users, bringing the total count to 829 million users.

Second quarter revenue was up a whopping 61% increase compared to last year, at $2.91 billion compared to $1.81 billion this time last year.

Mark Zuckerber, Facebook CEO, said about his second quarter performance:

We had a good second quarter… Our community has continued to grow, and we see a lot of opportunity ahead as we connect the rest of the world.

It may come as no surprise that mobile is the revenue leader, being responsible for about 62% of ad revenue for the second quarter.

Here are some more stats showing mobile’s dominance:

  • Mobile daily active users were up 39% year-over-year, reaching an average of 654 million on for June 2014.
  • Monthly active users were up 14% over last year, reaching 1.32 billion as of June 30, 2014, an increase of 14% year-over-year.
  • Monthly active mobile users went up by 31% compared to last year, reaching 1.07 billion as of June 30, 2014.

Even with such impressive figures, Facebook CEO Mark Zuckerberg isn’t content with just coasting on his success. The New York Times reports that Zuckerberg told investors some heavy spending is being planned in areas that won’t return an immediate profit, such as messaging, virtual reality and search.

We think it is going to be years of work before those are huge businesses for us… I really can’t underscore this enough that we have a lot of work to do. We could take the cheap and easy approach and put ads in and do payments and make money in the short-term, but we’re not going to do that.

Zuckerberg is particularly excited about Oculus VR, a maker of virtual reality headsets that Facebook bought for $2 billion. He states that Facebook can help define what the next generation of computing is going to be, and believe virtual reality will play an important role in that.

For more information, see the full Second Quarter 2014 Financial Summary.

 

 Facebooks Daily Active Users Are Up By 19 Percent

Matt Southern

Freelance Writer at MattSouthern.com
Matt Southern is the lead news writer at Search Engine Journal. His passion for helping people in all aspects of online marketing flows through in the expert articles he contributes to many well respected publications across the web. Contact him via his website if you'd like him to write for you.
 Facebooks Daily Active Users Are Up By 19 Percent

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3 thoughts on “Facebook’s Daily Active Users Are Up By 19 Percent

  1. Zuck really turned the corner with regards to FB’s performance in mobile. I also love his leadership skills, as it takes vision to eschew the quick buck approaches favored my shareholders in favor of a big picture approach to his business.

  2. Hi Matt,

    I do hope you will obviously agree with me on this that Facebook has actually crossed the planet earth and obviously need to expand to planet Mars.

    What! Having more than 800 million active users on a daily basis is no joke at all. Mark Zuckerberg and his team has really come a long way.

    I found this post of yours on kingged.com and it was indeed worth reading.