If you were ever curious about how much the average content creator makes, the answer would be about $108 a month last year. So, while it’s true that OnlyFans is big business for some creators (who make $10,000+ a month), the average creator doesn’t make anywhere near that.

OnlyFans has released its financial results for the fiscal year ending November 30, 2023, revealing that creators earned an average of nearly $1,300 each (per year). This data, first reported by Variety, provides insight into the platform’s financial performance and the earnings potential for creators.

The company reported record revenue and profits, with gross payments made through the platform increasing 19% year-over-year, reaching $6.63 billion. This translates to a total payout of $5.32 billion to creators, averaging $1,300 per creator.

OnlyFans continues to grow, with the number of creators on the platform increasing by 29% to 4.12 million. Total registered users also saw a significant increase, rising 28% to 305 million.

Despite the financial success, OnlyFans continues to address misconceptions surrounding the platform and its content policy. The company emphasizes its commitment to providing a safe and inclusive platform for creators and users.

Key highlights from the financial report:

• Gross payments made through the OnlyFans platform reached $6.63 billion in 2023, a 19% increase from the previous year.

• Creators earned a total of $5.32 billion, averaging nearly $1,300 per creator.

• OnlyFans saw a 29% increase in creator accounts, reaching 4.12 million.

• Total registered users increased by 28% to 305 million.

• The company’s net revenue reached $1.31 billion, a 20% increase.

• Pre-tax profit jumped 25% to $658 million.

• OnlyFans owner Leonid Radvinsky received a $472 million dividend for the year.

OnlyFans continues to expand its reach, investing in OFTV, its safe-for-work streaming platform, which features original shows and explores licensing opportunities for its content. The company also emphasizes its commitment to providing a safe and secure platform for its users, with strict verification processes and age restrictions in place.

The company’s financial success underscores the growing influence of subscription-based platforms and the potential for creators to generate significant income through online content. However, OnlyFans continues to navigate challenges related to content moderation, user privacy, and ethical concerns surrounding its business model. The company’s future trajectory will depend on its ability to address these concerns while maintaining its position as a leading platform for creators and fans.