In news that will surprise few, Facebook has reported that it's gotten bigger, and much richer.

Cash cow

Facebook's Q3 Earnings Report shows the company raked in US$7.01 billion in revenue.

This blew away analyst expectations of US$6.92 billion, who predicted Facebook was reaching saturation points with ads.

It appears this is not so.

Join the party

Facebook now has 1.79 billion monthly users, marking 16% year-on-year growth. 

This quarter was particularly good for Facebook in terms of user numbers, growing 4.67% (up from 3.63% in Q2.)

Daily active users jumped from 1.13 billion to 1.18 billion over the quarter.

Make it rain on mobile

Facebook now has 1.66 billion mobile monthly users, this marks a 5.7% increase from the previous quarter.

Mobile now accounts for 84% of Facebook's ad revenue. While this figure has remained static since the last quarter, it marks an 6% increase since Q3 2015.