Company profile

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

TWTR stock data

(
)

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

30 Oct 19
21 Nov 19
31 Dec 19

News

Company financial data Financial data

Quarter (USD) Sep 19 Jun 19 Mar 19 Dec 18
Revenue 823.72M 841.38M 786.89M 908.84M
Net income 36.52M 1.12B 190.8M 255.3M
Diluted EPS 0.05 1.43 0.25 0.33
Net profit margin 4.43% 133% 24.25% 28.09%
Operating income 44.15M 75.69M 93.66M 206.91M
Net change in cash 16.39M -9.71M -1.69M 2.23M
Cash on hand 234.92M 218.53M 228.24M 229.92M
Cost of revenue 281.06M 277.97M 264.01M 268.35M
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Revenue 3.04B 2.44B 2.53B 2.22B
Net income 1.21B -108.06M -456.87M -521.03M
Diluted EPS 1.56 -0.15 -0.65 -0.79
Net profit margin 39.63% -4.42% -18.06% -23.49%
Operating income 453.33M 38.74M -367.21M -450.04M
Net change in cash -71.76M 47.88M -46.56M 152.52M
Cash on hand 229.92M 301.68M 253.81M 300.36M
Cost of revenue 965M 861.24M 932.24M 729.26M

Financial data from Twitter earnings reports

Financial report summary

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Risks
  • 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.
  • If the people who use our service or our content partners do not continue to contribute content or such content is not viewed as unique or engaging by other users, or if we are unable to successfully prevent or mitigate spammy, abusive or other disruptive or detracting behavior on Twitter, we may experience a decline in users accessing our products and services and their engagement, which could result in the loss of content partners, advertisers, platform partners, and revenue.
  • 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 for users and advertiser spend, our business and operating results could be harmed.
  • Our priority as a company is to improve the health of the public conversation on Twitter. Focusing our efforts on this priority may negatively impact our business operations in the short term.
  • We focus on the long-term health of our service, product innovation, and providing something valuable to people on Twitter every day, rather than short-term operating results.
  • Our operating results may fluctuate from quarter to quarter, which makes them difficult to predict.
  • We depend on highly skilled personnel to grow and operate our business, and have seen high levels of attrition. If we are unable to hire, retain and motivate our personnel, we may not be able to grow effectively.
  • If we fail to monetize effectively in international markets, our revenue and our business will be harmed.
  • User growth and engagement depend upon effective interoperation with operating systems, networks, devices, web browsers and standards that we do not control.
  • Our products and services may contain undetected software errors, which could harm our business and operating results.
  • Our ability to convince potential and new users of the value of our products and services is critical to increasing our user base and to the success of our business.
  • Our business depends on continued and unimpeded access to our products and services on the Internet by our users, content partners, advertisers, and platform partners. If we or our users experience disruptions in Internet service or if Internet service providers are able to block, degrade or charge for access to our products and services, we could incur additional expenses and the loss of users and advertisers.
  • Our new products, product features, services and initiatives and changes to existing products, services and initiatives could fail to attract users, content partners, advertisers and platform partners or generate revenue.
  • If we fail to effectively manage changes to our business and operations, our business and operating results could be harmed.
  • Our business and operating results may be harmed by a disruption in our service, or by our failure to timely and effectively scale and adapt our existing technology and infrastructure.
  • We have incurred significant operating losses in the past, and we may not be able to maintain profitability.
  • If we are unable to maintain and promote our brand, our business and operating results may be harmed.
  • Negative publicity could adversely affect our reputation, our business and operating results.
  • Spam and fake accounts could diminish the user experience on our platform, which could damage our reputation and deter our current and potential users from using our products and services.
  • Action by governments to restrict access to our products and services or censor Twitter content could harm our business and operating results.
  • If our security measures are breached, or if our products and services are subject to attacks that degrade or deny the ability of users to access our products and services, our products and services may be perceived as not being secure, users and advertisers may curtail or stop using our products and services and our business and operating results could be harmed.
  • Our future performance depends in part on support from our content partners and data partners.
  • 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 user growth, user 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 materially 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, could have a significant impact on our business, financial condition or operating results.
  • 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 have a negative effect on 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.
  • We rely in part on application marketplaces and Internet search engines to drive traffic to our products and services, and if we fail to appear high up in the search results or rankings, traffic to our platform could decline and our business and operating results could be adversely affected.
  • Users increasingly access our products and services through mobile and alternative devices, and we need to continue to promote the adoption of our mobile applications, and our business and operating results may be harmed if we are unable to do so.
  • 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.
  • If currency exchange rates fluctuate substantially in the future, our operating results, which are reported in U.S. dollars, could be adversely affected.
  • We may not have sufficient cash on hand or the ability to raise the funds necessary for cash settlement upon conversion of our convertible senior notes, to repurchase such notes for cash upon a fundamental change, or repay the Notes at their maturity, and our future debt may contain limitations on our ability to pay cash upon conversion or repurchase of such notes.
  • 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.
  • Uncertainties in the interpretation and application of the 2017 Tax Cuts and Jobs Act could materially affect our tax obligations and effective tax rate.
  • 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.
  • We may require additional capital to support our operations or the growth of our business, and we cannot be certain that this capital will be available on reasonable terms when required, or at all.
  • 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 cease publishing research or reports about us, our business or our market, or if they change their recommendations regarding our common stock adversely, the price of our common stock and trading volume could decline.
  • We do not expect to declare any dividends in the foreseeable future.
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 account’s Interest Graphs. 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 Good
New words: agreed, argument, economy, France, impede, MAP, NaN, offboard, oral, physical, proceed, regime, repaid, repayment, resonate, strongly, withdrawal
Removed: API, borrow, bug, build, contacted, delete, developer, hashing, implementing, log, password, possession, random, recipient, removed, stored, unintentionally, unmasked, written, wrong

Patents

GRANT
Utility
Live video streaming services with machine-learning based highlight replays
12 Nov 19
According to an implementation, a computing device for automatically creating video highlights for video broadcast streams shared in a social media platform includes at least one processor, and a non-transitory computer-readable medium having executable instructions that when executed by the at least one processor are configured to execute a video broadcasting service having a video highlight creator.
APP
Utility
Gapless Video Looping
7 Nov 19
Techniques of playing back a looping video file involve providing multiple video codecs for decoding a video file.
APP
Utility
Server-side Ui Task Control for Onboarding Users to a Messaging Platform
7 Nov 19
According to an aspect, a system includes a messaging platform configured to facilitate an exchange of messages between user accounts of the messaging platform, and a client application configured to communicate with the messaging platform.
APP
Utility
Sharing Timestamps for Video Content In a Messaging Platform
7 Nov 19
According to an aspect, a method includes receiving, by a client application, a video stream of a live broadcast from a messaging platform, displaying, by the client application, the video stream of the live broadcast on a user interface of the client application, receiving, via a timestamp selector on the user interface, a selection of a time location in a time window of a timeline of the video stream of the live broadcast, generating, by the client application, a timestamp based on the time location received via the timestamp selector, and sending, by the client application, a message that includes the timestamp to the messaging platform to share the video stream of the live broadcast on the messaging platform such that playback of the shared video stream of the live broadcast is configured to start at the time location indicated by the timestamp.
APP
Utility
Systems and Methods for Balancing Storage Resources In a Distributed Database
31 Oct 19
Embodiments are provided for balancing storage resources in a distributed database.