IPO Plunges Twitter into Negative Territory
Twitter’s sales increased 110 percent thanks to strong advertising revenue over the course of the past year. At the same time, the company suffered a 645 million U.S. dollar loss, the worst in its history. The main culprit was the IPO in the fourth quarter of 2013. Handing out stock to staff incurred costs of 521 million U.S. dollars.
X (formerly Twitter) net income from 1st quarter 2012 to 2nd quarter 2022 (in million U.S. dollars)
Net income/loss of X (formerly Twitter) from 2010 to 2021 (in million U.S. dollars)
X (formerly Twitter) revenue from 1st quarter 2013 to 2nd quarter 2022, by segment (in million U.S. dollars)
Annual net profit of X (Twitter) worldwide between 2010 and 2022 (in millions of U.S. dollars)
Annual revenue of X (formerly Twitter) from 2010 to 2021, by segment (in million U.S. dollars)
Change in net advertising revenue generated by Twitter worldwide from 2019 to 2023
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