All posts by Mark Tyler

ONLYFANS is highly profitable:

Here’s a concise, up‑to‑date snapshot of OnlyFans’ profitability:

Recent financial highlights

Fiscal year (ended Nov 30)Gross revenue (fan payments)Net revenue (OnlyFans 20 % share)Pre‑tax profit
2024$7.22 billion (↑ 9 % YoY)$1.41 billion (↑ 8 %)$684 million (↑ 4 %)
2023$6.63 billion (gross)statista.com$1.31 billion (net)variety.com$658 million (↑ 25 %)variety.com
2022$5.5 billion (gross)upmarket.co– (estimated ~ $1.1 billion net)
2021$4.2 billion (gross) –

Why OnlyFans is profitable

  1. Flat 20 % commission – The platform keeps a fixed slice of every fan payment, so revenue scales linearly with creator earnings.
  2. Low marginal costs – Most expenses are hosting, payment‑processing fees (passed to creators), compliance, and a modest staff. These grow slower than revenue, allowing margins to improve as the user base expands.
  3. High creator volume – Over 4 million active creators (2023) generate billions in fan payments, providing a large, recurring revenue base.
  4. Geographic diversification – Roughly two‑thirds of net revenue comes from the U.S., but the platform is expanding globally, adding new user segments beyond adult content (e.g., fitness, cooking, art).

Bottom‑line takeaway

  • Profitability status: OnlyFans is comfortably cash‑flow positive and generates hundreds of millions of dollars in pre‑tax profit each year.
  • Growth trend: Revenue growth slowed to double‑digit percentages in 2024 (9 % YoY) after a rapid expansion phase (118 % YoY in 2021). Profit growth also moderated (4 % YoY in 2024).
  • Future outlook: Continued creator acquisition and diversification into non‑adult verticals should sustain profitability, though the platform faces ongoing regulatory and payment‑processor scrutiny that could impact growth.

Bottom line: OnlyFans is a highly profitable business, with $7.2 B in gross revenue and $684 M in pre‑tax profit for fiscal 2024, reflecting a solid, scalable model built on a flat commission and a massive, growing creator ecosystem.

USources