OnlyFans Beats Apple, Google, Netflix and Other Big Tech Companies in Revenue Per Employee: Here’s the Lowdown

Content sharing platform Only the fans came out on top against big tech companies like Apple Inc., Google from Alphabet Inc, Netflix Inc.and others in terms of revenue generation per employee.

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

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

Don’t miss:

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

On average, each OnlyFans employee contributed nearly $31 million to the company’s top line, while Microsoft’s average revenue per employee was the lowest in the latter, at just $1.1 million — of 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 former CEO of PayPal reinvent traditional banking with this new high-yield account – start saving better today.

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

The story is quite different, however, for the tech giants who have thousands of employees on their payroll.

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

Read on:

Photo courtesy of Shutterstock

The story continues

UNLOCKED: 5 NEW TRANSLATIONS PER WEEK. Click now to get top trading ideas dailyplus unlimited access to state-of-the-art tools and strategies to gain an edge in the markets.

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