Analyzing Facebook's Newest Financials

on April 23, 2012

Facebook's IPO will easily be one for the record books, and there's no shortage of scrutiny going into their every move. The company amended its S-1 filing today with its latest financials, and there are some interesting things to note. Here's a visual overview:

Revenue growth was amazing in Q1 of 2012, with a 44% increase from the same quarter last year (and has been amazing overall). Things get more interesting after that though. Income for the same two periods is actually down about 12%. Also, Facebook's reported cost of revenue was more than a quarter of its revenue, a noticeable increase than in previous quarters.

The question on everyone's mind is: How much more can Facebook grow? Today's financial update doesn't make it seem like Facebook is slowing down anytime soon, but it does show some very small cracks in the social media giant.