This is the first time the social media platform has been transparent about its community standards in the aftermath of its data scandal that resulted in the shutdown of Cambridge Analytica.
The first of what will be quarterly reports on standards enforcement should be as notable to investors as the company's quarterly earnings reports.
The report highlights six key areas: fake accounts, spam, adult nudity and sexual activity, graphic violence, terrorist propaganda and hate speech.
Most of the action we take to remove bad content is around fake accounts, and the vast amounts of spam they generate.
The prevalence of graphic violence was higher and received 22 to 27 views-an increase from the previous quarter that suggests more Facebook users are sharing violent content on the platform, the company said.
It admitted, however, that 3% to 4% of its accounts are fake.
Facebook's vice president of product management, Guy Rosen, said in a blog post Tuesday about the newly-released report that nearly all of the 837 million spam posts Facebook took down in the first quarter of 2018 were found by Facebook before anyone had reported them.
With regards to graphic violence, 3.5 million items were removed in Q1 2018 and 86% was flagged before it was reported.
As the largest social network, Facebook is home to billions of users and billions more posts, photos and videos shared on a daily basis. For instance, nudity only received seven to nine views for every 10,000 content views.
In the first quarter of 2018, Facebook removed 2.5 million pieces of hate speech from its social network. Facebook said that Zuckerberg "has no plans to travel to the United Kingdom", said Damian Collins, the leader of the UK's Digital, Culture, Media and Sport Committee, in a statement Tuesday.
Facebook pulled or slapped warnings on almost 30 million posts containing sexual or violent images, terrorist propaganda or hate speech during the first quarter.
"For example, artificial intelligence isn't good enough yet to determine whether someone is pushing hate or describing something that happened to them so they can raise awareness of the issue". "We tend to find and flag less of it, and rely more on user reports, than with some other violation types".
The report also covers fake accounts, which has gotten more attention in recent months after it was revealed that Russian agents used fake accounts to buy ads to try to influence the 2016 elections.
It's also why we are publishing this information. The company's reputation took a serious hit after news broke of their alleged role in facilitating questionable use of user data and they desperately need a win to help get them back on their feet.