The world's biggest social network said it saw growth across the board and it was looking to expand further in emerging markets.
Surging mobile advertising sales helped Facebook revenues rise by a better-than-expected 41% to $4.5bn (£2.9bn) in the third quarter.
Shares in the world's largest social network headed higher in after-hours trading as the figures beat analysts' expectations.
Adjusted earnings for the period climbed to $2.4bn (£1.6bn) - with Facebook's profits stronger despite increased spending on Messenger, WhatsApp and Oculus, its virtual reality business.
Advertising made up the lion's share of revenues - at $4.3bn (£2.8bn) this was up 45% on a year earlier.
Nearly four fifths of the ad revenue came from mobile advertising, up from two-thirds for the same period in 2014.
Figures released by Facebook also showed the number of monthly active users for the site had climbed 14% to 1.55 billion.
Of these, 1.39 billion used the service on mobile devices.
Founder Mark Zuckerberg said: "We had a good quarter and got a lot done.
"We're focused on innovating and investing for the long term to serve our community and connect the entire world."
Chief operating officer Sheryl Sandberg said: "Growth is happening across the board and we’re of course looking for a lot of growth in future emerging markets.
"We're also pretty focused on helping bring the next set of people who are not online, online."
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