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Twitter Looks to Double Revenue by 2023

February 25, 2021

In connection with its previously announced 2021 Analyst Day, being held today, February 25, 2021, Twitter made three long-term goals:

Double development velocity by the end of 2023, which means doubling the number of features shipped per employee that directly drive either mDAU or revenue.

Reach at least 315 million mDAU in Q4 2023, which represents a ~20% compound annual growth rate from the base of 152 million mDAU reported in Q4 2019, which was the most recently reported mDAU when Twitter first announced this ambition in March of 2020.

At least double total annual revenue from $3.7 billion in 2020 to $7.5 billion or more in 2023.


The Company also reiterated its long-term margin target of mid-teens GAAP operating margin, or 40-45% adjusted EBITDA margin.

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