The above graph represents Twitter quarterly revenue by region – the United States and International. Twitter’s global revenue totalled $683.44 million, with a year-over-year decline of 19%. Surprisingly, the company reported a notable year-over-year decline in its quarterly revenue from both, United States and International markets. Twitter US revenue in Q2 2020 declined a 20% YoY, to $364.88 million. While the revenue from International markets clocked $318.56 million during Q2 2020, with nearly 18% YoY decline. On a quarterly basis, there was nearly 6% decline in Twitter International revenue.
Twitter US and International Revenue: Big Milestones
|Source||Twitter Quarterly Reports|
|Last Updated||October 2019|
|Note||Twitter fiscal year – January 1 – December 31|
In Q4 2018, Twitter revenue from the US reached an all-time high of $505.6 million, with an impressive 24.5% YoY growth. The fourth quarter of 2018 was also the first time when the company’s total revenue from the US crossed the $500-million mark.
Meanwhile, Twitter revenue from International markets also reached highest-ever $403.25 million in the fourth quarter, with an impressive 23.96% YoY growth.
In Q2 2013, Twitter achieved its first $100-million revenue milestone from the United States. The US region accounted for a whopping 72.8% of the company’s total revenue in the second quarter, bringing in $101.38 million. In just one year, the company achieved another milestone as the quarterly revenue from International markets also crossed the $100-million mark for the first time in Q2 2014.
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.
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