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OnlyFans Confirms 2024 Profit Surge as Owner Takes $701 Million Dividend

New UK filings detail billions in fan payments, bolstering an active sale process at a reported $7–8 billion valuation.

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Smash City, OFTV’s pickleball show, won best streamed reality series at the 14th Annual National Reality TV Awards at Porchester Hall in west London
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Overview

  • Annual accounts show $7.22 billion in fan spending for fiscal 2024, with $1.41 billion in net revenue and about $684 million in pre-tax profit.
  • Owner Leonid Radvinsky received $497 million in dividends in 2024 plus $204 million through April 2025, totaling $701 million.
  • Creator accounts rose 13% to roughly 4.6 million and paying fan accounts increased 24% to 377.5 million by year-end 2024.
  • Fenix has engaged potential buyers, with reports of talks involving Forest Road that could value OnlyFans around $7–8 billion.
  • Management cites expansion into new content verticals and increased trust-and-safety investment; the UK-based company reports just 46 direct employees and a large U.S. revenue base.