Discover if the world’s largest companies in the world are profitable or not.
Is Twitter Profitable? No, Twitter is currently not profitable. The company last reported a profit in 2019, when it generated about $1.4 billion in net income; it had generated $1.2 billion the year prior but has since returned to non-profitability (a trend it had maintained from 2010 to 2017, according to Statista). For more than […]
Is SpaceX Profitable? Whether the company is profitable or not can only be based on estimations. SpaceX is a private company that doesn’t reveal its annual revenue data from Starlink or launch, two of its key verticals, to the public. According to financial expert analysis, SpaceX makes $980 million and $2.27 billion in Starlink and […]
Is Netflix Profitable? Yes, Netflix is profitable. It first became profitable in 2003 and has grown steadily since then, reaching a profit of $4.49 billion in 2022, a 12.2% decline from its record profit of $5.11 billion in 2021. Founded in August 1997 by Reed Hastings and Marc Randolph, Netflix is an American streaming service […]
Is Amazon Profitable? For the year 2022, Amazon recorded a net loss of $2.722 billion on revenue of $513.98 billion, meaning the company was not profitable in 2022. The company’s profit experienced a sharp decline from its record net income of $33 billion in 2021, ending its 6-year streak of profitability. Despite Amazon recording a […]
Is Uber profitable? The short answer: Uber is not currently profitable. The long answer is a bit more complicated. Uber operates on a simple yet effective business model. First, Uber recruits drivers to sign up with the platform and provide rides to passengers. Riders can then request a ride through the Uber app, and the […]
