How OnlyFans is Beating Apple, Google, and Netflix in a Way You Won’t Believe!
OnlyFans Tops Big Tech in Efficiency
The content-sharing platform OnlyFans has surpassed tech giants like Apple, Google, and Netflix in a surprising metric – revenue per employee. Despite its smaller size, OnlyFans reported a staggering $1.3 billion in revenue for the financial year 2023, with its employees generating significantly more revenue on average than those at some of the biggest tech companies in the world.
Breaking Down the Numbers
While OnlyFans‘ overall revenue is much smaller than that of tech powerhouses such as Apple, Google, and Microsoft, its revenue per employee outshines them by a wide margin. According to the data shared by Trung Phan, each employee at OnlyFans contributed an average of nearly $31 million to the company’s top line.
Here’s a quick comparison:
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 |
$305 billion | 182,502 | $1.67 million | |
Microsoft | $245 billion | 221,000 | $1.1 million |
Why OnlyFans Stands Out
Despite being a much smaller company compared to these tech behemoths, OnlyFans‘ ability to generate such high revenue per employee comes from its streamlined business model. With a small, focused team of just 42 employees, the company is able to maintain a high level of profitability by directly monetizing user-generated content, largely driven by its subscription-based model for creators.
For context, Apple, Microsoft, Alphabet (Google’s parent company), and Meta Platforms are among the five most valuable companies in the world in terms of market capitalization. However, their vast employee headcounts dilute their revenue per employee, pulling down the average compared to OnlyFans.
Craigslist Still Competitive
Another company that stands out on the list is Craigslist, a privately held classifieds platform. Though its overall revenue has shrunk from its peak of $1 billion in the late 2010s, Craigslist remains one of the leaders in revenue per employee, thanks to its small team size of just 50 employees.
The Big Tech Dilemma
While big tech companies like Apple, Microsoft, and Google generate astronomical revenues, their large workforces significantly reduce their revenue-per-employee ratio. Despite their higher total revenue, these companies have thousands of employees, which brings down the average revenue each individual contributes.
This comparison highlights a significant difference in the operational models of OnlyFans and big tech. OnlyFans has proven that a leaner workforce, combined with direct-to-consumer content, can result in high efficiency and profitability per employee.