Title: • Twitter: Revenue 2019 | Statista
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Twitter: quarterly revenue 2011-2021
Twitter's revenue from 1st quarter 2011 to 1st quarter 2021 (in million U.S. dollars)
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Content: • Twitter: Revenue 2019 | Statista
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Social Media & User-Generated Content
Twitter: quarterly revenue 2011-2021
Published by H. Tankovska , May 21, 2021
In the first quarter of 2021, Twitter’s revenue amounted to over 1036 million U.S. dollars, a 28.3 percent increase compared to the previous quarter. The majority of the social network’s revenues are generated via advertising, followed by data licensing and other revenues. Twitter company information
Twitter ranks among the biggest social networks worldwide. In January 2021, the company reported 353 million monetizable daily active users. In 2020, Twitter’s annual revenue came to 3.72 billion U.S. dollars. However, the company has only been able to report a positive net income in 2018 and 2019, revealing a struggle to monetize users. Twitter marketing and advertising
Social media advertising spending in the United States is constantly growing. In 2019, the social media ad spend per U.S. internet user amounted to 129.1 U.S. dollars and this figure is projected to sharply increase to over 174 U.S. dollars by 2024.