OnlyFans is a subscription content platform founded in 2016, owned by Fenix International
Limited. The company generated $1.4 billion in revenue in 2024 with $520 million in net
profit, a 37% net margin (Sacra/Companies House filings). OnlyFans has paid over $7 billion
to creators since launch. In February 2026, Bloomberg reported exclusive talks to sell a 60%
stake to Architect Capital at a $5.5 billion enterprise value. OnlyFans stock is not
publicly traded. Accredited investors can access pre-IPO shares through UpMarket, a
FINRA-registered broker-dealer, with a $50,000 minimum investment.
OnlyFans Revenue and Growth
$5M
2018
$56M
2019
$358M
2020
$932M
2021
$1,089M
2022
$1,307M
2023
$1,400M
2024
37%
Net Margin 2024
$520M
Net Profit 2024
$7B+
Paid to Creators
Source: Sacra, Companies House filings (Fenix International Limited).
Why Investors Are Watching OnlyFans
$1.4B
Revenue 2024
$520M
Profit 2024
37%
Net Margin
$7B+
Creator Payouts
Deal
60% Stake Sale at $5.5B
Architect Capital in exclusive talks to acquire a 60% stake in OnlyFans at a $5.5
billion enterprise value. Moelis advising on the transaction.
Bloomberg, TechCrunch · Jan-Feb 2026
Revenue
$1.4B Revenue, $520M Profit
One of the most profitable private technology companies globally. 47% operating
margin. Cash generative with minimal external funding.
Sacra, Companies House filings · 2024
Platform
$7.2B Global Revenue (GMV)
Total user spending on the OnlyFans platform in 2025. The platform retains a 20%
commission on all creator earnings.
Sacra · 2025
AI
AI Creator Economy
Competitor Fanvue launched AI avatars reaching $100M ARR. OnlyFans evaluating AI tools
for creator monetization and engagement.
Sacra · 2026
Regulatory
UK Online Safety Act
New compliance requirements for age verification and content moderation under UK law.
OnlyFans investing in compliance infrastructure.
Forbes · 2025-2026
Culture
O-1 Visa Surge
162% increase in O-1 visa approvals for OnlyFans creators, reflecting the platform's
role in the broader creator economy.
The Verge · 2025
Balance Sheet
$808M Cash Position
Strong balance sheet with no debt pressure. Self-funded growth with substantial cash
reserves from profitable operations.
Sacra, Companies House filings · 2024
Growth
Celebrity Creator Influx
WNBA players, reality TV stars, and mainstream celebrities joining the platform,
expanding OnlyFans beyond its core audience.
Sacra · 2025-2026
Private market investments carry meaningful risks, including illiquidity and possible
total loss of capital.
PPM review, fee analysis, and portfolio-fit evaluation support.
5
Fund your investment
Minimum typically $50,000. Wire or ACH. Monitor via UpMarket portal.
Pre-IPO investments are illiquid, speculative, and involve risk of total loss of capital.
About UpMarket
UpMarket's mission is to unlock the private markets for individual investors.
We provide access to a range of asset classes and investment strategies that span
private equity, hedge funds, crypto, real estate, and other alternative assets.
The problem
Historically, accessing private market investments had these challenges:
A large barrier to entry due to high investment minimums
Time-intensive because sourcing deals is a lot of work even if you've got a
great network, and
Costly because of investment-related diligence costs, paperwork, and legal fees
The solution
UpMarket works to address these barriers for individual investors by:
Offering lower investment minimums
Sourcing and conducting diligence on opportunities for investors, empowering
them to pick and choose from pre-screened opportunities
Making the investment process entirely digital, straightforward, and easy to
manage from a single portal
UpMarket has brokered over $1 billion in alternative investments*
*Includes principal invested and appreciation of investments originated via the UpMarket
platform based on historical trade volume and valuation estimates through December 31,
2025. Of the total, approximately $146 million is managed by UpMarket Management, with the
remaining originated investments managed by affiliates. Past performance is not predictive
of future results.
UpMarket Investment Curation Process
Upmarket curates and conducts diligence on every investment opportunity we offer.
We review every offering's strategy, risk management, liquidity management, fees and
expenses, valuation methodology, tax matters, as well as the fund's third-party
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We aim to offer our clients investments from disciplined managers that pursue unique
strategies across an array of asset classes.
Our goal is to empower you to build a portfolio that best meets your individual
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Unlock the private markets today, with UpMarket.
OnlyFans Stock FAQ
Is OnlyFans publicly traded?
No. OnlyFans is privately held by Fenix International Limited. As of March 2026, a 60%
stake sale to Architect Capital at a $5.5 billion enterprise value is in progress
(Bloomberg). OnlyFans stock is available to accredited investors through secondary
market platforms like UpMarket.
What is OnlyFans revenue?
OnlyFans generated $1.4 billion in revenue in 2024, with $520 million in net profit
(37% net margin). The platform's gross merchandise value (total user spending) reached
$7.2 billion in 2025. OnlyFans retains a 20% commission on all creator earnings.
Source: Sacra, Companies House filings.
Is OnlyFans profitable?
Yes. OnlyFans is one of the most profitable private technology companies globally. The
company reported $520 million in net profit on $1.4 billion in revenue in 2024, a 37%
net margin with a 47% operating margin. The company holds $808 million in cash with no
debt.
Who owns OnlyFans?
Leonid Radvinsky is the majority owner of Fenix International Limited, the parent
company of OnlyFans. Tim Stokely founded the platform in 2016 but has since departed.
Architect Capital is in exclusive talks to acquire a 60% stake at a $5.5 billion
valuation.
Can I buy OnlyFans shares?
Accredited investors can access OnlyFans shares through UpMarket when inventory is
available. Fill out the form above or
sign up directly. Subject to
availability.
Accredited investors
only. $50,000 minimum.
What is OnlyFans valued at?
The proposed Architect Capital deal values OnlyFans at $5.5 billion enterprise value
(Bloomberg, Feb 2026). UpMarket's algorithmic estimate is $5.46 billion. The company
has been self-funded with minimal external capital.
When is the OnlyFans IPO?
No IPO has been announced. The current path is a private stake sale to Architect
Capital rather than a public listing. If the deal closes, 60% ownership would
transfer. An IPO remains a possibility in the future but is not confirmed.
What are the risks of investing in OnlyFans?
Content moderation and reputational risk. Regulatory exposure under the UK Online
Safety Act. Concentration in adult content creators. Platform dependency on a single
revenue model (subscriptions + tips). Illiquid investment with no guaranteed exit.
Consult your own advisors.
How does OnlyFans make money?
OnlyFans takes a 20% commission on all creator earnings from subscriptions, tips,
pay-per-view content, and messaging. Total user spending (GMV) was $7.2 billion in
2025, yielding $1.4 billion in platform revenue.
What is the minimum investment in OnlyFans on UpMarket?
The minimum for most OnlyFans offerings is $50,000. Minimums may vary by offering and
share class. No fees to create an account.
How does UpMarket estimate OnlyFans valuation?
Proprietary model using revenue data (Sacra, Companies House), profitability metrics,
secondary market pricing, and public company comparables. Current estimate: $5.46
billion. For informational purposes only.
Who is Architect Capital?
Architect Capital is the private equity firm in exclusive talks to acquire a 60% stake
in OnlyFans at a $5.5 billion enterprise value. Moelis is advising on the transaction.
Source: Bloomberg, TechCrunch.
How do pre-IPO trades work?
Accredited investors purchase from existing shareholders through secondary market
platforms. OnlyFans does not issue new shares in these transactions.
How do I exit my investment?
Sell on the secondary market or hold until IPO, acquisition, or stake sale. Timing is
unpredictable.
Creator monetization tools and fan engagement platform.
Bottom Line: OnlyFans Stock
$520 million in net profit on $1.4 billion in revenue makes OnlyFans
one of the most profitable private technology companies globally. With a 37% net margin,
$808 million in cash, and over $7 billion paid to creators since launch, the platform
has built a durable subscription business with minimal external funding.
The proposed
60% stake sale to Architect Capital at $5.5 billion (Bloomberg, Feb
2026) represents the first major ownership change since Leonid Radvinsky acquired
control in 2018. The creator economy continues to expand, and OnlyFans remains the
dominant subscription platform by revenue.
Accredited investors can access OnlyFans shares through UpMarket, a FINRA-registered
broker-dealer that has brokered over $1 billion in alternative investments since 2019.
All private market investments involve risk, including potential loss of principal. Past
performance is not indicative of future results.
Any financial forecasts or financial returns displayed on this website are for
illustrative purposes only, and are not a guarantee of future results. Past performance is
not indicative of future performance. Alternative investments possess a certain level of
risk, and cannot guarantee investment objectives or return on capital. This website is
only available to certain qualified investors.
The information on this website does not constitute investment advice. The sole basis for
the purchase of any securities is the final base sale document. Investors should make
their own independent evaluation and analysis, consult financial, tax, investment
consultants, etc., and decide whether to invest.
Pro Forma forecasts have been deducted management fees, but may include other fees. Fund
returns, dividends and other forecasts are for reference only. Investment returns may be
impacted by many uncertain factors. Investors must be willing and able to withstand the
risk of potential investment losses.
