OnlyFans Takes $7.2B from Subscribers as Adult Site Booms in 2024

OnlyFans, best known for hosting adult content, saw steady growth in both subscriptions and revenue in 2024, while paying $701 million (€599M) in dividends to controlling owner Leonid Radvinsky, a Ukrainian-American businessman, Doloresz Katanich reported for Euronews.

OnlyFans takes a 20% cut of each fan payment, allowing creators to share and monetize exclusive content, including adult videos. (Photo: OnlyFans Facebook)

Subscriber payments processed through the U.K.-based platform reached $7.2 billion (€6.16B) in 2024 — a figure nearly matching Liechtenstein’s nominal GDP of $8.3 billion in 2023, according to the World Bank.

OnlyFans takes a 20% cut of each fan payment, allowing creators to share and monetize exclusive content, including adult videos.

Fenix International Ltd., the London-based parent company, reported a 9% increase in gross revenue to $1.4 billion (€1.2B), up from $1.3 billion the prior year. Net profit after tax rose to $520 million (€444.6M), compared to $485 million (€414.6M) in 2023.

The platform reported no debt or external financing.

The number of creator accounts grew 13% to 4,634,000, while fan accounts surged 24% to 377,456,000.