Company profile

Ticker
TWTR
Exchange
Website
CEO
Jack Dorsey
Employees
Incorporated in
Location
Fiscal year end
Former names
Twitter Inc
SEC CIK
IRS number
208913779

TWTR stock data

(
)

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

5 May 20
6 Jul 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 807.64M 1.01B 823.72M 841.38M
Net income -8.4M 118.77M 36.52M 1.12B
Diluted EPS -0.01 0.15 0.05 1.43
Net profit margin -1.04% 11.79% 4.43% 133%
Operating income -7.44M 152.88M 44.15M 75.69M
Net change in cash -18.98M 19.49M 16.39M -9.71M
Cash on hand 235.43M 254.41M 234.92M 218.53M
Cost of revenue 284.04M 314.01M 281.06M 277.97M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 3.46B 3.04B 2.44B 2.53B
Net income 1.47B 1.21B -108.06M -456.87M
Diluted EPS 1.87 1.56 -0.15 -0.65
Net profit margin 42.37% 39.63% -4.42% -18.06%
Operating income 366.37M 453.33M 38.74M -367.21M
Net change in cash 24.48M -71.76M 47.88M -46.56M
Cash on hand 254.41M 229.92M 301.68M 253.81M
Cost of revenue 1.14B 965M 861.24M 932.24M

Financial data from Twitter earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
29 Jun 20 Matthew Derella Common Stock Sell Dispose S Yes 29.5575 1,072 31.69K 428,674
22 Jun 20 Michael Montano Common Stock Sell Dispose S Yes 33.62 1,750 58.83K 732,906
9 Jun 20 Ned D. Segal Common Stock Sell Dispose S Yes 35.99 8,000 287.92K 721,352
5 Jun 20 Michael Montano Common Stock Sell Dispose S Yes 34.52 1,750 60.41K 734,656
1 Jun 20 Ned D. Segal Common Stock Payment of exercise Dispose F No 30.97 17,216 533.18K 729,352
72.2% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 691 731 -5.5%
Opened positions 116 139 -16.5%
Closed positions 156 159 -1.9%
Increased positions 232 267 -13.1%
Reduced positions 242 237 +2.1%
13F shares
Current Prev Q Change
Total value 13.94B 18.01B -22.6%
Total shares 566.85M 560.23M +1.2%
Total puts 43.19M 43.5M -0.7%
Total calls 17.42M 29.42M -40.8%
Total put/call ratio 2.5 1.5 +67.6%
Largest owners
Shares Value Change
Vanguard 82.97M $2.04B +2.3%
BLK BlackRock 51.7M $1.27B -0.1%
MS^L Morgan Stanley 48.06M $1.18B -1.7%
STT State Street 35.65M $875.65M +6.1%
Clearbridge Advisors 25.49M $626.11M +2.2%
Aristotle Capital Management 16.14M $396.47M +5.8%
Nuveen Asset Management 13.69M $336.26M +39.8%
NMR Nomura 12.2M $318.47M +7972.5%
NTRS Northern Trust 11.81M $290.16M +2.4%
Geode Capital Management 11.81M $289.43M +2.2%
Largest transactions
Shares Bought/sold Change
Coatue Management 6.64M -12.83M -65.9%
NMR Nomura 12.2M +12.05M +7972.5%
Norges Bank 0 -7M EXIT
CS Credit Suisse 10.28M +6.47M +170.0%
Appaloosa 5.53M +5.53M NEW
Susquehanna International 3.46M -5.51M -61.4%
Ubs Global Asset Management Americas 9.22M +4.18M +83.0%
Southpoint Capital Advisors 4M +4M NEW
Nuveen Asset Management 13.69M +3.9M +39.8%
D. E. Shaw & Co. 1.8M -3.63M -66.8%

Financial report summary

?
Risks
  • The COVID-19 pandemic has disrupted and harmed, and is expected to continue to disrupt and harm, our business, financial condition and operating results. We are unable to predict the extent to which the pandemic and related impacts will continue to adversely impact our business, financial condition and operating results and the achievement of our strategic objectives.
  • If we fail to increase our mDAU, ad engagement or other general engagement on our platform, our revenue, business and operating results may be harmed.
  • We generate the substantial majority of our revenue from advertising. The loss of advertising revenue could harm our business.
  • If we are unable to compete effectively, our business and operating results could be harmed.
  • Our prioritization on the long-term health of our service, and on product innovation may adversely impact our short-term operating results.
  • We depend on highly skilled personnel to grow and operate our business. If we are unable to hire, retain and motivate our personnel, we may not be able to grow effectively.
  • Our products, mDAU growth, and engagement depend upon the availability of a variety of third-party services and systems and the effective interoperation with operating systems, networks, devices, web browsers and standards. We do not control all of these systems and cannot guarantee their availability, and we cannot guarantee that third parties will not take action that harm our products or profitability.
  • Our new products, product features, services and initiatives and changes to existing products, services and initiatives could fail to attract new people to Twitter, content partners, advertisers and platform partners or generate revenue.
  • Our business and operating results may be harmed by our failure to timely and effectively scale and adapt our existing technology and infrastructure.
  • If we are unable to maintain and promote our brand, our business and operating results may be harmed.
  • Spam and fake accounts could diminish the experience on our platform, which could damage our reputation and deter people from using our products and services.
  • Our products may contain errors or our security measures may be breached, resulting in the exposure of private information. Our products and services may be subject to attacks that degrade or deny the ability of people to access our products and services. These issues may result in the perception that our products and services are not secure, and people on Twitter and advertisers may curtail or stop using our products and services and our business and operating results could be harmed.
  • Our international operations are subject to increased challenges and risks.
  • Our business is subject to complex and evolving U.S. and foreign laws and regulations. These laws and regulations are subject to change and uncertain interpretation, and could result in claims, changes to our business practices, monetary penalties, increased cost of operations or declines in mDAU growth, mDAU engagement or ad engagement, or otherwise harm our business.
  • Regulatory investigations and settlements could cause us to incur additional expenses or change our business practices in a manner material and adverse to our business.
  • We may face lawsuits or incur liability as a result of content published or made available through our products and services.
  • Our intellectual property rights are valuable, and any inability to protect them could reduce the value of our products, services and brand.
  • We are currently, and expect to be in the future, party to intellectual property rights claims that are expensive and time consuming to defend, and, if resolved adversely, would adversely impact our business, financial condition and operating results.
  • We have incurred significant operating losses in the past, and we may not be able to maintain profitability or accurately predict fluctuations in our operating results from quarter to quarter.
  • Many of our products and services contain open source software, and we license some of our software through open source projects, which may pose particular risks to our proprietary software, products, and services in a manner that could adversely impact our business.
  • We rely on assumptions and estimates to calculate certain of our key metrics, and real or perceived inaccuracies in such metrics may harm our reputation and negatively affect our business.
  • Acquisitions, divestitures and investments could disrupt our business and harm our financial condition and operating results.
  • If we fail to maintain an effective system of disclosure controls and internal control over financial reporting, our ability to produce timely and accurate financial statements or comply with applicable regulations could be impaired.
  • Our debt obligations could adversely affect our financial condition.
  • Our business is subject to the risks of earthquakes, fire, power outages, floods and other catastrophic events, and to interruption by man-made problems such as terrorism.
  • We may have exposure to greater than anticipated tax liabilities, which could adversely impact our operating results.
  • If our goodwill or intangible assets become impaired, we may be required to record a significant charge to earnings.
  • Our ability to use our net operating loss carryforwards and certain other tax attributes may be limited.
  • Anti-takeover provisions contained in our amended and restated certificate of incorporation and amended and restated bylaws, as well as provisions of Delaware law, could impair a takeover attempt.
  • The market price of our common stock has been and will likely continue to be volatile, and you could lose all or part of your investment.
  • The note hedge and warrant transactions may affect the value of our common stock.
  • If securities or industry analysts change their recommendations regarding our common stock adversely, the price of our common stock and trading volume could decline.
Management Discussion
  • We generate the substantial majority of our revenue from the sale of advertising services. We also generate revenue by licensing our data to third parties and providing mobile advertising exchange services.
  • We generate most of our advertising revenue by selling our Promoted Products. Currently, our Promoted Products consist of the following:
  • •Promoted Tweets. Promoted Tweets, which are labeled as “promoted,” appear within a timeline, search results or profile pages just like an ordinary Tweet regardless of device, whether it be desktop or mobile. Using our proprietary algorithms and understanding of the interests of each account, we can deliver Promoted Tweets that are intended to be relevant to a particular account. We enable our advertisers to target an audience based on an individual account’s interest graph. Our Promoted Tweets are pay-for-performance or pay-for-impression delivered advertising that are priced through an auction. Our Promoted Tweets include objective-based features that allow advertisers to pay only for the types of engagement selected by the advertisers, such as Tweet engagements (e.g., Retweets, replies and likes), website clicks, mobile application installs or engagements, obtaining new followers, or video views.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. junior Avg
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Patents

APP
Utility
Detecting Sources of Computer Network Failures
2 Jul 20
Methods, systems, and apparatus, including computer programs encoded on computer storage media, for detecting sources of computer network failures.
APP
Utility
Audio Only Content
2 Jul 20
Methods, systems, and apparatus, including computer programs encoded on computer storage media, for requesting audio only data for video content.
GRANT
Utility
Messaging-enabled unmanned aerial vehicle
30 Jun 20
An unmanned aerial vehicle (UAV) carries a camera, sends data from the camera, and receives commands.
GRANT
Utility
Topic disambiguation and classification
30 Jun 20
A method for generating recommendations involves selecting a first platform message, making a first determination that the first platform message is potentially associated with a plurality of topics including a first topic and a second topic, obtaining additional information associated with the first platform message including at least one of information about an account that authored the first platform message and information about third party accounts engaging with the first platform message, making a second determining that the first platform message is associated with the first topic using the plurality of topics and at least a portion of the additional information, wherein the first topic is an initial classification of the first platform message, generating a recommendation for at least one account based on the second determination, and providing the recommendation to at least one account.
GRANT
Utility
Real-time video super-resolution with spatio-temporal networks and motion compensation
30 Jun 20
A method includes selecting a plurality of low-resolution frames associated with a video, performing a first motion estimation between a first frame and a second frame, performing a second motion estimation between a third frame and the second frame, generating a high-resolution frame representing the second frame based on the first motion estimation, the second motion estimation and the second frame using a sub-pixel convolutional neural network.