OnlyFans Beats Apple, Google, Netflix, And Other Big Tech Companies In Revenue Per Employee: Here's The Down Low
OnlyFans Beats Apple, Google, Netflix, And Other Big Tech Companies In Revenue Per Employee: Here’s The Down Low

Content-sharing platform OnlyFans has come out on top against big tech companies like Apple Inc., Alphabet Inc.’s Google, Netflix Inc., and others in terms of revenue generation per employee.

What Happened: OnlyFans reported revenue of $1.3 billion for the financial year 2023.

While its revenue is a fraction of that of big tech companies like Apple, Google, and Microsoft, its revenue per employee is magnitudes higher than these tech giants, as pointed out by Trung Phan.

Don’t Miss:

Company

Revenue

No. Of Employees

Revenue Per Employee

OnlyFans

$1.3 billion

42

$30.95 million

Craigslist*

$0.694 billion

50

$13.88 million

Netflix

$33.7 billion

13,000

$2.59 million

Apple

$383 billion

161,000

$2.38 million

Meta Platforms

$134 billion

67,317

$1.99 million

Google

$305 billion

182,502

$1.67 million

Microsoft

$245 billion

221,000

$1.1 million

Source: Company reports | *Craigslist’s revenue is from 2022, as data for 2023 was not immediately available

On average, each OnlyFans employee contributed to nearly $31 million to the company’s top line, while Microsoft’s average revenue per employee was the lowest in this last at just $1.1 million – almost 28 times lower than that of OnlyFans.

For context, Apple, Microsoft, Alphabet, and Meta are four of the five most valuable companies in the world in terms of market capitalization.

See Also: Founder of Personal Capital and ex-CEO of PayPal re-engineers traditional banking with this new high-yield account — start saving better today.

Craigslist, a privately held classifieds platform, continued to remain among the top companies in terms of revenue per employee. Although its revenue has shrunk from its peak of $1 billion in the late 2010s, its revenue per employee remains among the highest in the list due to its relatively small team.

The story is completely different, however, for tech giants who have thousands of employees on their payrolls.

While their revenue is also several magnitudes higher than OnlyFans and Craigslist, the significantly higher number of employees brings down the average revenue to single digits.

Read Next:

Photo courtesy: Shutterstock

“ACTIVE INVESTORS’ SECRET WEAPON” Supercharge Your Stock Market Game with the #1 “news & everything else” trading tool: Benzinga Pro – Click here to start Your 14-Day Trial Now!

Get the latest stock analysis from Benzinga?

This article OnlyFans Beats Apple, Google, Netflix, And Other Big Tech Companies In Revenue Per Employee: Here’s The Down Low originally appeared on Benzinga.com

This post was originally published on this site be sure to check out more of their content.