Mozilla Reports 2015 Revenue of $421.3M
From the 'mo'zilla, mo-money files:
Mozilla reported its fiscal 2015 revenue on December 1, 2016 (yeah it's a year behind..) that showed continued strength.
For its fiscal 2015 year, Mozilla reported revenue of $421.3 million, up from $329.6 million that it reported Mozilla's revenue's have grown significantly over the last decade. The first year that Mozilla ever publicly disclosed its financial status was for its 2005 fiscal year, when the open-source organization generated $52.9 million in revenue.
As has been the case since 2005, for 2015 Mozilla notes that, "the majority of Mozilla revenue is from Firefox Web browser search partnerships around the world."
In 2014, Mozilla announced a major shift, moving away from Google to a new search deal with Yahoo. While there was were some initial concerns that Mozilla's revenues would decline as a result, that apparently didn't happen, at least for fiscal 2015.
With the pending sale of Yahoo to Verizon, there is likely some downside risk for Mozilla's fiscal 2016 calendar year. That said, Mozilla has more search partnership than just Yahoo.
"In 2015 and 2016, Mozilla entered into additional search partnerships, bringing our total to 12 partners and including all major internet search providers," Mozilla stated."The new search strategy diversified revenue sources for Mozilla. While some of this is evident in the 2015 financials, the improvement will be more notable in 2016."
Sean Michael Kerner is a senior editor at nternetNews.com. Follow him on Twitter @TechJournalist