Inc. Says Show Me The Money: Collective Makes $100 Million, Hubspot $15.6 Million And Spongecell $3.8 Million In 2010

Inc MagazineAs part of the requirement to be a part of the Inc magazine 500/5000 list, several ad ecosystem companies have released their revenues for 2010 as well as provided overall headcount.

Disclaimer: These are not audited results.

It’s hard to make any overall assumptions here, but if you did, you’d note that the ad network model-related companies are out in front in terms of revenues and revenue per employee in 2010.

In terms of a benchmark among the publicly-traded competition, Aol recorded approximately $334 million in 2010 revenues for its (“Third Party Network” as Aol calls it in its earnings releases) unit.

Private companies have staked out their revenue turf in press releases, too, as personalized retargeting firm Criteo said in July that it had made $200 million in three years (PDF).

By John Ebbert

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  1. Do they break out gross billings or revenue? Ad networks have high gross billings, but revenue numbers (post rev share) are typically 30-60% lower. Which is why ad networks buying in the spot markets is so attractive (keep the 30-60% fee).

    • Click any of the links to each company’s numbers and you’ll find what Inc. supplies. Hard to say they’re gross or net. Good point.

  2. Interesting numbers! Obviously a lot of these are not apples to apples, since the industries are totally different. For instance, HubSpot is a software as a service company (SaaS) and much more comparable to or NetSuite than any of the companies on this list. And as a SaaS company, the vast majority of your revenue is recurring, which public and private investors value highly because of the stability. My understanding OS that most ad networks have less revenue stability because customers are not under long term contracts and the ad network is not like software that is a critical part of their internal business process.