Architect Capital paid $535 million for a roughly 16% minority stake in Fenix International, the parent company of the platform, valuing the business at $3.15 billion. For a company that generated $7.22 billion in gross revenue in fiscal 2024, that valuation looks almost modest. OnlyFans prints money like few private companies can, yet it trades at a fraction of what comparable revenue machines command in public markets. The platform reported $7.22 billion in gross revenue and $1.41 billion in net revenue for fiscal 2024. The platform currently hosts more than 4 million creator accounts and 377 million fan accounts.