The above graph represents the distribution of Twitter annual 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.
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.
Twitter Inc. (NYSE:TWTR) is the fastest growing microblogging platform. Founded in 2006, Twitter soon became a popular social media platform and crossed 100 million users in 2012. The company launched its IPO in 2013 and valued $31 billion.
Twitter currently has 321 million active monthly users. In March 2018, Twitter is ranked the twelfth most visited website by Alexa’s web traffic analysis. However, due to the rising competition from Facebook and other social networking sites, Twitter failed to keep its growth rate intact in the last few years, Consequently, the company valuation tanked and hovering $25 billion currently.