Mozilla revenue dropped in 2018 but it is still doing well

guest · Nov 26, 2019

Mozilla revenue dropped in 2018 but it is still doing well
November 26, 2019
https://www.ghacks.net/2019/11/26/mozilla-revenue-dropped-in-2018-but-it-is-still-doing-well/

Mozilla published the organization's Annual Report for the year 2018 on November 25, 2019. The report, an audited financial statement, provides information on income and expenses in the year 2018.

One of the main questions that Firefox users may have had after 2017 was how well Mozilla was doing after it canceled the search deal with Yahoo (which was acquired by Verizon and the main search provider since 2014 when Mozilla picked Yahoo over Google).
The financial report indicates that the decision reduced the organization's revenue from royalties significantly. Mozilla earned about 539 million US Dollars in royalties in 2017 and only 429 million US Dollars in 2018; a drop of more than 100 million US Dollars.

Revenue from subscriptions and advertising rose from 2.6 million US Dollars to 5.3 million US Dollars.
Expenses increased in 2018 to 451 million US Dollars from 421 million US Dollars in 2017.

"Despite the year-over-year change, Mozilla remains in a strong financial position with cash reserves to support continued innovation, partnerships and diversification of the Firefox product lines to fuel its organizational mission."
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Closing Words
Plans to launch Firefox Premium, VPN services and other Firefox-branded products will certainly increase revenue earned from these streams further.

Considering that Mozilla's situation is not perfect, as it depends for the most part on money from its main competitor Google, diversifying revenue is more important than ever.
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State of Mozilla 2018

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Mozilla revenue dropped in 2018 but it is still doing well

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