For the three months ending in June, Facebook posted $6.44bn in revenue, a 59% increase on Q2 2015, while profit rocketed by 189% to $2.06bn year on year.
Mobile ad revenue continues to be Facebook’s major source of revenue, representing 84% of ad revenue in Q2, up from 76% during the same period last year.
It also reported a 17% increase in daily active users to 1.13 billion on average for June 2016, while monthly active users increased by 15% to 1.71 billion in June.
Facebook did not report how much revenue it makes from video specifically. But, in a statement, Zuckerberg said: "Our community and business had another good quarter.
"We're particularly pleased with our progress in video as we move towards a world where video is at the heart of all our services."
In an earnings call, Facebook’s chief operating officer Sheryl Sandberg said advertiser demand is increasing – in contrast to Twitter which said this week a lack of demand is impacting on its revenue.
Facebook said it generated 50% for ad views last quarter year on year – helped by an increase in live video views – while rates grew by almost 10%.
According to eMarketer, Facebook’s global ad revenue will hit £23.31bn this year, making it the number two online ad publisher behind Google. Globally, each Facebook user will generate $15.83 for the company, eMarketer has estimated.