Twitter, Inc. (TWTR) financial statements (2021 and earlier)
Company profile
| Business Address |
1355 MARKET STREET, SUITE 900 SAN FRANCISCO, CA 94103 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 737 - Computer Programming, Data Processing, And Other Computer Related Services (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 6,639 | 6,209 | 4,403 | 3,775 | 3,495 | 1,511 | ||
| Cash and cash equivalents | 1,799 | 1,894 | 1,638 | 989 | 911 | 1,511 | ||
| Short-term investments | 4,840 | 4,315 | 2,765 | 2,786 | 2,584 | |||
| Restricted cash and investments | 2 | |||||||
| Receivables | 850 | 789 | 664 | 651 | 639 | 418 | ||
| Prepaid expense | 248 | 190 | ||||||
| Other undisclosed current assets | 129 | 113 | 255 | 227 | 2,137 | |||
| Total current assets: | 7,620 | 7,111 | 5,322 | 4,652 | 4,382 | 4,256 | ||
| Noncurrent Assets | ||||||||
| Operating lease, right-of-use asset | 697 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 1,032 | 885 | 774 | 784 | 735 | 557 | ||
| Intangible assets, net (including goodwill) | 1,312 | 1,272 | 1,239 | 1,281 | 1,264 | 728 | ||
| Goodwill | 1,257 | 1,227 | 1,189 | 1,185 | 1,123 | 623 | ||
| Intangible assets, net (excluding goodwill) | 55 | 45 | 50 | 95 | 141 | 105 | ||
| Deferred income tax assets | 1,908 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other noncurrent assets | 135 | 86 | 78 | 154 | 62 | 43 | ||
| Other undisclosed noncurrent assets | 808 | |||||||
| Total noncurrent assets: | 5,083 | 3,052 | 2,091 | 2,218 | 2,061 | 1,327 | ||
| TOTAL ASSETS: | 12,703 | 10,163 | 7,412 | 6,870 | 6,442 | 5,583 | ||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 662 | 551 | 498 | 503 | 418 | 368 | ||
| Accounts payable | 161 | 145 | 171 | 122 | 134 | 53 | ||
| Accrued liabilities | 501 | 406 | 327 | 381 | 284 | 228 | ||
| Employee-related liabilities | 68 | |||||||
| Taxes payable | 18 | |||||||
| Debt | 170 | 965 | 85 | 81 | 88 | 112 | ||
| Deferred revenue and credits | ✕ | ✕ | 19 | |||||
| Other undisclosed current liabilities | (105) | |||||||
| Total current liabilities: | 832 | 1,516 | 583 | 584 | 506 | 394 | ||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 3,118 | 1,755 | 1,709 | 1,606 | 1,515 | 1,495 | ||
| Long-term debt, excluding current maturities | 2,509 | 1,731 | 1,627 | 1,539 | 1,455 | 1,376 | ||
| Finance lease, liability | 0 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Capital lease obligations | ✕ | 24 | 81 | 67 | 60 | 119 | ||
| Operating lease, liability | 609 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt | 24 | 68 | 60 | 68 | 51 | 43 | ||
| Other liabilities | 24 | 68 | 60 | 68 | 51 | 43 | ||
| Other undisclosed noncurrent liabilities | 24 | 18 | 13 | 8 | 3 | 25 | ||
| Total noncurrent liabilities: | 3,167 | 1,841 | 1,782 | 1,681 | 1,568 | 1,563 | ||
| Total liabilities: | 3,999 | 3,357 | 2,365 | 2,265 | 2,074 | 1,957 | ||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent | 8,704 | 6,806 | 5,047 | 4,605 | 4,368 | 3,626 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Additional paid in capital | 8,763 | 8,325 | 7,751 | 7,225 | 6,507 | 5,209 | ||
| Accumulated other comprehensive loss | (71) | (65) | (32) | (69) | (46) | (10) | ||
| Retained earnings (accumulated deficit) | 12 | (1,454) | (2,672) | (2,550) | (2,093) | (1,572) | ||
| Total stockholders' equity: | 8,704 | 6,806 | 5,047 | 4,605 | 4,368 | 3,626 | ||
| TOTAL LIABILITIES AND EQUITY: | 12,703 | 10,163 | 7,412 | 6,870 | 6,442 | 5,583 | ||
Income statement (P&L) ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 3,459 | 3,042 | 2,443 | 2,530 | 2,218 | 1,403 | |
| Cost of revenue | (1,137) | (965) | (861) | (932) | (729) | (446) | |
| Gross profit: | 2,322 | 2,077 | 1,582 | 1,597 | 1,489 | 957 | |
| Operating expenses | (1,956) | (1,624) | (1,543) | (1,965) | (1,939) | (1,708) | |
| Other undisclosed operating income | 213 | ||||||
| Operating income (loss): | 366 | 453 | 39 | (367) | (450) | (539) | |
| Nonoperating income (expense) | 162 | 103 | (29) | 26 | 15 | (6) | |
| Investment income, nonoperating | 158 | 111 | |||||
| Other nonoperating income (expense) | 4 | (8) | (29) | 26 | 15 | (6) | |
| Interest and debt expense | (138) | (133) | (105) | (100) | (98) | (12) | |
| Income (loss) from continuing operations before equity method investments, income taxes: | 390 | 424 | (95) | (441) | (533) | (556) | |
| Other undisclosed loss from continuing operations before income taxes | (22) | ||||||
| Income (loss) from continuing operations before income taxes: | 390 | 424 | (95) | (441) | (533) | (578) | |
| Income tax expense (benefit) | 1,076 | 782 | (13) | (16) | 12 | 1 | |
| Net income (loss) available to common stockholders, diluted: | 1,466 | 1,206 | (108) | (457) | (521) | (578) | |
Comprehensive Income ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | 1,466 | 1,206 | (108) | (457) | (521) | (578) | |
| Other comprehensive loss | (36) | (10) | |||||
| Comprehensive income (loss): | 1,466 | 1,206 | (108) | (457) | (557) | (588) | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (5) | (34) | 38 | (24) | |||
| Comprehensive income (loss), net of tax, attributable to parent: | 1,460 | 1,172 | (70) | (481) | (557) | (588) | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.