![]() Strike the settlement, however, and Mozilla's revenue was $490.6 million, just 9% higher than the year before and 13% lower than the 2017 peak. With the $338 million payment from Verizon, Mozilla's 2019 revenue was $826.6 million, an 84% year-over-year increase and easily the most the open-source developer has booked in a single year, beating the existing record by more than a quarter of billion dollars. But as Computerworld anticipated a year ago, the monetary settlement surfaced in the latest financial statement. Terms of that settlement were not disclosed. Nine months later, the cases were dismissed when the parties settled out of court. Mozilla's action triggered a lawsuit by Verizon (and a counter-suit by Mozilla) in late 2017. ![]() According to news reports, the new owner was required to pay Mozilla for the full length of the contract, or alternately, the difference between Yahoo's $375 million and whatever Mozilla got out of a new partner. Instead, Mozilla signed a five-year contract with Yahoo for $375 million annually, considerably more than what Google had been paying.īut when Yahoo was sold to Verizon three years later for $4.5 billion, Mozilla took advantage of a clause in the Yahoo contract to nullify the remaining years. Six years ago, Mozilla declined to renew its deal with Google to make that search engine the default in Firefox. "In 2019, the Corporation recognized $338.0 million of litigation settlement as revenue under Topic 606." ![]() Mozilla was a bit more forthcoming in the financial statement. "In CY ((calendar year)) 2019, Mozilla Corporation generated $465M from royalties, subscriptions and advertising revenue, excluding one-time litigation settlement revenue," wrote Angela Plohman and Roxi Wen, Mozilla's executive vice president and CFO, respectively, in a post to the company's website. ![]()
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