The Linux Foundation has released its annual report for 2023, revealing that 270 new participants joined the organization during the year. The report also highlights that the number of projects supervised by the organization reached a new milestone. In terms of finances, the Linux Foundation earned $263.6 million in revenue and spent $269 million. Interestingly, the cost of developing the Linux kernel decreased by nearly $400 thousand compared to the previous year.
When analyzing the organization’s expenses, it is evident that the majority of costs, 64% amounting to $171.8 million, were not related to the Linux kernel. The largest contributions were made to projects focused on cloud technologies, containers, virtualization (25%), and network technologies (13%). Additionally, expenses related to artificial intelligence, blockchain, and web development accounted for 12%, 4%, and 11% respectively.
Within the expenses, $22.58 million (9%) was allocated for maintaining the infrastructure, $18.57 million (7%) for corporate operations, $17.1 million (6%) for workforce community, $14.6 million (6%) for international operations, and $13.5 million (5%) for community-related services.
Regarding income, the report indicates that 45% ($118.2 million) of all received funds came from donations, contributions, and participants in the organization. Target support for projects accounted for 26% ($67 million) of the revenue, followed by 19% ($49.5 million) allocated for event support and conference registrations. The payment of training courses and receiving certificates represented 10% ($27.2 million) of the total income.
