The above graph represents the annual distribution of Twitter revenue starting from the fiscal year 2011. The fiscal year 2018 remained the most fruitful year for Twitter in terms of annual revenue. The company posted a healthy $3,042.35 million in revenue in 2018. The revenue posted by Twitter in the year 2018 increased by $599.05 million, resulting in 24.51% YoY growth, from the previous year.
|Last Updated||October 2019|
|Note||Twitter fiscal year starts from January 1 to December 31|
The $1 billion annual revenue milestone was surpassed by the company in the fiscal year 2014. With a year Twitter also crossed the $2 billion annual revenue milestone. However, it took Twitter another couple of years to post an annual revenue above $3 billion.
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 Dazeinfo 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.