OnlyFans Creators Earned $3.9 Billion in 2021, Swelling 115% Year Over Year
Todd Spangler NY Digital Editor Business boomed last year for OnlyFans, the social media site that has become an established home for creators selling sexually explicit content and engaging privately with followers. The U.K.-based company on Thursday announced financial results for the year ended Nov. 30, 2021. OnlyFans’ net revenue grew 160%, to $932 million, and the company had pre-tax profits of $433 million (up from $61 million in 2020), its biggest yearly growth in profits. OnlyFans creators earned $3.86 billion in 2021, an increase of 115% from the year prior, bringing the company’s payments to creators to more than $8 billion since its 2016 founding. Gross revenue (i.e., fan payments net of taxes) also more than doubled, to $4.8 billion, for the year ended November 2021.