Twitter Revenue and Usage Statistics (2022)

Mansoor Iqbal

Updated: September 6, 2022

Twitter is a real-time microblogging platform, publicly launched in July 2006. At launch, its defining features were the tight limits placed on each post, known at a tweet. Originally, users could only use 140 characters, although that was doubled to 280 in 2017.

Formed by former Odeo employees Jack Dorsey, Noah Glass, Evan Williams and Biz Stone, the site originally used SMS to send tweets onto the network. It received its first boost of users at SXSW 2007, when the founders showed all the tweets hitting the network in real-time.

From there, Twitter grew out its userbase to reach over 300 million monthly active users. It added new features, but for the most part has retained the same look and feel of early Twitter, much to the chagrin of shareholders who have wanted Twitter to be more competitive with Facebook.

Twitter has branched out into other areas of innovation, such as short-video with Vine or live-video with Periscope, but both were cancelled by Twitter. Some have argued that Twitter mismanaged both projects, as Vine came well before Music.ly and TikTok, but was unable to capture the market which was clearly there.

This may be partly due to the management of Twitter, which has had Jack Dorsey, Evan Williams, Dick Costolo and then Jack Dorsey again as CEO. Dorsey is also CEO at Square, which has led to complaints from shareholders and even a lawsuit.

Twitter is experimenting with new formats for tweets, such as donations and currency for tweets. It recently launched Twitter Spaces, a clone of Clubhouse’s live-audio platform, although Twitter has a poor track record for supporting anything outside the base platform.

That said, Twitter may be in new form after four years of user stagnation. It has added mDAUs at a faster rate this year than the past three and noticed higher year-on-year growth, although this may be partly due to the pandemic.

We have collected data and statistics on Twitter. Read on below to find out more.

Twitter key statistics

  • Twitter generated $5 billion revenue in 2021, an 35% increase year-on-year
  • 92% of Twitter’s revenue came from advertising in 2021
  • Twitter posted a net loss of $221 million in 2021, an 80% reduction on the $1.1 billion loss it reported in 2020
  • Twitter has 206 million daily active users and 38 million users in the United States

Twitter overview

Title 1Title 2
Launch date21 March 2006
HQSan Francisco, California
PeopleParag Agrawal (CEO), Jack Dorsey (co-founder), Evan Williams (co-founder)
Business typePublic (NYSE: TWTR)
IndustrySocial networking

 

Twitter revenue

Twitter generated $5 billion revenue in 2021, a 35% increase on 2020 figures and a significant improvement on the 8% and 13% increase the two years before.

Twitter quarterly revenue 2012 to 2022 ($bn)

Twitter annual revenue 2012 to 2021 ($bn)

YearRevenue ($bn)
20120.3
20130.6
20141.4
20152.2
20162.5
20172.4
20183
20193.4
20203.7
20215

Source: Company data, Social App Report

Twitter revenue by segment

The vast majority of Twitter’s revenue comes from advertising, although it did generate about $570 million from data licensing.

Twitter annual revenue by segment 2015 to 2021 ($bn)

YearAdvertisingData licensing & Other
20151.90.2
20162.20.2
20172.10.3
20182.60.4
20192.90.4
20203.20.5
20214.50.5

Source: Company data

Twitter revenue by region

Even though only about 17% of Twitter’s users come from the US, it is responsible for more than 50% of the company’s revenues.

Twitter annual revenue by region 2018 to 2021 ($bn)

YearUnited StatesRest of World
20181.61.4
20191.91.5
202021.6
20212.82.2

Source: Company data

Twitter profit

Twitter remained unprofitable for a second year in a row in 2021, but lowered its losses by 80% from the year prior.

Twitter annual net profit / loss 2012 to 2021 ($mm)

YearNet profit / loss ($mm)
2012-79
2013-645
2014-577
2015-521
2016-456
2017-108
20181206
20191466
2020-1136
2021-221

Source: Company data 

Twitter users

Twitter reports daily monetizable active users (dMAUs), excluding many users. It has approximately 450 million monthly active users.

Twitter quarterly users 2017 to 2022 (mm)

Twitter annual users 2017 to 2021 (mm)

YearUsers (mm)
2017110
2018122
2019139
2020186
2021206

Source: Company data, Social App Report

Twitter users by region

While Twitter’s usage in the US has stagnated somewhat, its international usage continues to grow, with 169 million dMAUs outside of the US in 2021.

Twitter annual users by region 2017 to 2021 (mm)

YearUnited StatesRest of World
20172585
20182696
201929110
202036150
202137169

Source: Company data

Twitter age demographics

Twitter has a near parity between the age brackets of 18 to 44 years old, with 35-44 the highest age bracket by a slight margin.

Twitter age demographics 2021 (%)

Age bracketPercentage of Users
13-177.8
18-2425.2
25-3426.6
35-4428.4
45+12

Source: Hootsuite and We Are Social

Twitter gender demographics

Twitter has one of the highest gender disparities out of all social networks, with 68.5% of all users being male.

Twitter gender demographics 2021 (%)

GenderPercentage of users
Male68.5
Female31.5

Source: Hootsuite and We Are Social

Most followed Twitter accounts

Ex-US President Barack Obama remains the most followed Twitter account. Elon Musk has seen his following increase dramatically over the past two years.

Most followed Twitter accounts 2022 (mm)

Followers (mm)
@barackobama131
@justinbieber114
@katyperry108
@rihanna106
@cristiano99
@taylorswift1390
@ladygaga84
@ElonMusk82
@narendramodi78
@theellenshow77

Note: As of June 2022. Source: Company data

Twitter vs competitors: users

Want to learn more about social apps? Check out our Social App Report

Twitter FAQ

How many Americans use Twitter as a data source?

12 percent of Americans use it as a data source, according to Pew Research Center

How many brands use Twitter for marketing?

66 percent of brands with over 100 employees use Twitter for marketing purposes (eMarketer)

How much Twitter usage is mobile?

80% of Twitter usage happens on mobile devices (Google)

How many Twitter users in India?

There are 55 million Twitter users in India, according to App Annie

How much do the top 10% of Twitter users contribute?

In the US, top 10 percent of tweeters contribute 92 percent of tweets in 2020, up from 80 percent in 2018 (Pew Research Center)

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