Mozilla reports $338M revenue spike from settlement over Yahoo contract
Mozilla’s revenue in 2019 shot up by almost 84% compared to the year before, but the bulk of that increase came from a one-time settlement the organization received from Yahoo and its successor, Verizon Media.
Without that financial shot in the arm, Mozilla’s 2019 financials looked much grimmer; for the second year running, Mozilla’s expenses outweighed revenue.
According to the 2019 financial statement released by the maker of the Firefox browser, Mozilla posted $338 million as “Other revenue,” a new line item that had not appeared in prior years’ reporting. Elsewhere, Mozilla implicitly tied that amount to an earlier contract with Yahoo, which was purchased by Verizon in 2017.