LinkedIn’s Big Q3: $252M Revenue (Up 81 Percent YoY) With 187 Million Members Total

linkedin-logoLinkedIn sailed past Wall Street estimates with its just-announced Q3 earnings.

The company is reporting $252 million in revenue for the quarter, an 81 percent jump from Q3 of 2011. Net income was $2.3 million, compared to a loss of $1.6 million a year ago. And the company’s earnings-per-share was 22 cents, double the 11 cent EPS that analysts expected.

With this quarter’s gains, LinkedIn also raised its expected revenue range upward to $939-$944 million from the prior range of $915-$925 million.


Revenues in all three product lines were up significantly in the quarter:

  • Talent Solutions: revenue totaled $138.4 million, an increase of 95% compared to the third quarter of 2011.
  • Marketing Solutions: revenue totaled $64.0 million, an increase of 60% compared to the third quarter of 2011.
  • Premium Subscriptions: revenue totaled $49.6 million, an increase of 74% compared to the third quarter of 2011.

The company also reports that it now has more than 187 million members, up from 174 million at the end of Q2 and 131 million at the end of Q3 last year. LinkedIn also saw a modest gain in unique visitors (as reported by comScore), from 106 million in Q2 to 110 million in Q3.

Here’s the full set of slides from today’s earnings announcement.

There’s more discussion on Techmeme.

Related Topics: Channel: Social Media Marketing | LinkedIn


About The Author: is Editor-In-Chief of Marketing Land. His news career includes time spent in TV, radio, and print journalism. His web career continues to include a small number of SEO and social media consulting clients, as well as regular speaking engagements at marketing events around the U.S. He recently launched a site dedicated to Google Glass called Glass Almanac and also blogs at Small Business Search Marketing. Matt can be found on Twitter at @MattMcGee and/or on Google Plus. You can read Matt's disclosures on his personal blog.

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