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Financial report summary
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TEGNA • GP Strategies • Digital Turbine • Apple • Electronic Arts • Microsoft • Harmonic • Arena Group Holdings Inc • Steven Madden • BroadvisionManagement Discussion
- Our mission is to give people the power to build community and bring the world closer together.
- Our financial results and key community metrics for 2023 are set forth below. Our total revenue for 2023 was $134.90 billion, an increase of 16% compared to 2022, due to an increase in advertising revenue. Revenue on a constant currency basis would have increased 15% compared to 2022. Ad impressions delivered across our Family of Apps increased 28% year-over-year in 2023, partially offset by a 9% year-over-year decrease in the average price per ad.
- Income from operations for 2023 was $46.75 billion, an increase of $17.81 billion, or 62%, compared to 2022, driven by an increase in advertising revenue.