OnlyFans, the British streaming platform, reportedly paid over $700 million in dividends to its owner before his death, according to the company’s annual accounts set to be filed this week.

Fenix International, the owner of the UK-based streaming platform, reported a 10% increase in revenue to $1.6 billion for the year ended November 2025, while pre-tax profit rose 5% to $715 million, the Financial Times reported on Tuesday. The late owner, Ukrainian-American entrepreneur Leonid Radvinsky, received the majority of these profits as dividends before his death from cancer at the age of 43 earlier this year, the report said.

The filings, as per the report, show that the group is now controlled by a family trust led by Katie Chudnovsky, the widow of Radvinsky.

OnlyFans CEO, Keily Blair, told the FT that “In the 10 years since the platform launched in 2016, OnlyFans has paid out over $30 billion to creators around the world, including over $1million to more than 5,000 creators.” The company, which employs only 47 people, has also contributed significantly to the UK economy, paying over £600 million ($818.21 million) in corporate taxes since 2016, it said.

Radvinsky’s death was followed by the sale of a 16% stake in OnlyFans to San Francisco-based private equity firm Architect Capital for $535 million in April, valuing the company at $3.2 billion.

OnlyFans Eyes IPO, Expansion in New Categories

Previous reports suggested that Radvinsky was negotiating to sell a majority stake to a consortium led by Los Angeles-based Forest Road Company, potentially valuing the platform at up to $7 billion. CEO Keily Blair highlighted OnlyFans’ expansion into new content categories, while creator accounts rose 13% to 4.6 million and fan accounts climbed 24% to 377.5 million globally. The company’s exceptional profitability has been driven by its 80% revenue-sharing model, which has encouraged creator adoption.

Earlier this month, Architect Capital founder James Sagan told The Information about the IPO plans for OnlyFans. He said that there is no clear regulatory reason the company cannot go public in the U.S. He argued that private markets can be more restrictive than public markets and highlighted the company’s compliance and KYC systems. Sagan added that institutional investors have been receptive to the idea of an IPO.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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