AOL had 35.3 million members worldwide as of 30 September, 6.1 million of whom are based in Europe. AOL UK hit the two million member mark earlier this month, up from 1.7 million in January.
Overall subscription revenues rose 15 per cent, due to growth in Europe and the US; but advertising and commerce revenue was down 48 per cent, due to long-term contracts expiring and not being renewed and the tough ad market.
A spokesman for AOL UK said: "As a general trend, ad revenues are still growing in the UK, although our income still comes primarily from subscription.
The UK never went through the same sort of large peak and trough that the US market did."
Broadband still accounts for a small proportion of the ISP's UK subscriptions, but is growing rapidly, especially since it introduced its £27.99 a month no-frills package two weeks ago.
Global revenues in the third quarter amounted to $2.21 billion (£1.43bn), down seven per cent on $2.38bn (£1.54bn) in the equivalent period last year.
Global EBITDA profit was $432 million (£279m), down 30 per cent from $617m (£398m) last year.
AOL's parent, AOL Time Warner, is to restate figures for September 2000 to June 2002. It will effectively reduce ad and commerce revenues by $190m (£123m), $168m (£108m) of which will apply directly to AOL. AOL's EBITDA profits will reduce by $97m (£62.6m).
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