The above graph represents Twitter revenue worldwide by quarter, starting from Q1 2011 to the most recent quarter. In Q2 2019, Twitter quarterly revenue increased an impressive 18% YoY, to $841.4 million, globally. A majority of that came from the company’s advertising services.
|Source||Twitter Quarterly Reports|
|Last Updated||October 2019|
|Note||Twitter fiscal year – January 1 – December 31|
In Q4 2018, Twitter’s quarterly revenue reached an all-time high of $908.83 million, globally. That’s an applaudable 24% YoY and 19.88% QoQ growth in Q4 revenue.
As observed from the graph, the fourth quarter has always recorded the highest revenue for the company every single year when compared to the other quarters of that particular year.
The breakthrough quarter for Twitter was back in Q2 2015 when the company’s global revenue crossed the $500-million milestone for the very first time. The company posted a whopping $502.38 million in revenue, with a year-over-year increase of 60.9%.
Surprisingly, in Q1 2017, the quarterly revenue of Twitter declined to 548.25 million, from $594.5 million in Q1 2016. That represented a notable 7.78% YoY decline, primarily due to the 11% YoY decline in the company’s advertising services revenue. This also represented a huge 23.6% QoQ decline from Q4 2016 when the total quarterly revenue hit a record 717.21 million.
About Twitter Inc: Additional Information
Twitter Inc. (NYSE: TWTR) is a global social networking platform, created on March 21, 2006, by Jack Dorsey, Noah Glass, Biz Stone, and Evan Williams. The company is based in San Francisco, California, and has more than 35 offices around the world.
Twitter is a microblogging website/app where people around the world share their thoughts by posting a Tweet which includes text, images, videos, gifs. Initially, the Tweet limit was restricted to 140 characters, but on November 7, 2017, the company doubled its Tweet limit to 280 characters for all languages except Chinese, Japanese, and Korean.
In 2013, Twitter emerged as one of the ten most-visited websites on the Internet and has been described as “the SMS of the Internet”.
On November 6, 2013, Twitter priced its initial public offering (IPO) at $26 per share, which closed at $44.90 next day, giving the company a valuation of over $31 billion.
As of 2019, Twitter is ranked 41 of the top 500 websites on the web, Alexa web traffic analysis.
The above graph is a part of GraphFarm – the most trusted source of hundreds of thousands of market graphs. Our team of researchers mines millions of data points every month to bring the most updated and validated set of data points representing the comprehensive view in a graphical format. From mobile to e-commerce, from Retail to healthcare, from startups to SMEs we have carefully designed thousands of graphs for those who value and understand the importance of data visualisation.