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Internet Services & Social Media Industry Revenue Growth Rates

Revenue Growth Information & Trends 
 


Category:   Period:  

Internet Services & Social Media Industry 4 Q 3 Q 2 Q 1 Q 4 Q
  FY 2023 2023 2023 2023 FY 2022
Y / Y Revenue Quarterly Growth 15.14 % 13.4 % 7.7 % 2.99 % 0.42 %
Seq. Revenue Quarterly Growth 13.28 % 3.76 % 7.99 % -8.56 % 10.61 %
Overall Ranking Y/Y # 7 # 7 # 27 # 52 # 60
Y / Y Revenue Annual Growth (at the end of Fiscal Year) 10.41 % 7.26 %
Y / Y Revenue Growth (Annual by Quarter Ending) 10.41 % 6.8 % 4.14 % 4.73 % 7.26 %
Seq. Revenue Growth (Annual by Quarter Ending) 3.91 % 2.94 % 1.87 % 0.77 % 0.02 %
Overall Ranking Y/Y (Annual) # 21 # 38 # 56 # 64 # 54



Revenue growth Comment

Internet Services & Social Media Industry's pace of Revenue growth in 4 Q 2023 accelerated to 15.14 % year on year, but remained below Industry average.

Sequentially Revenue grew by 13.28 %.

Within Technology sector only one Industry has achieved higher Revenue growth. Total ranking remained unchanged compared to one quarter ago at no. 7.

 

Note, Numbers include only companies who have reported earnings results. Numbers change as more businesses report financial results. See the full List.



Revenue Y/Y Growth Statistics
High
Average
Low
59.56 % 21.14 % -0.63 %
2. quarter 2021
 
2. quarter 2020

Industry Revenue Y/Y Growth Ranking
Within: No.
Technology Sector # 2
Overall Market # 7



Annual Basis Internet Services & Social Media Revenue Y/Y Growth

 


Revenue Y/Y Annual Growth Statistics
High
Average
Low
88.45 % 20.87 % -45.32 %
1. quarter 2014
 
1. quarter 2017

Revenue growth Y/Y Annual Comment
On the trailing twelve months basis
Internet Services & Social Media Industry's pace of cumulative 12 months Sales growth in 4 Q 2023 accelerated to 10.41 % year on year, but remained below Industry average.

Sequentially TTM Revenue grew by 3.91 %.

Within Technology sector 2 other industries have achieved higher Revenue growth. Revenue growth total ranking has improved so far to 21, from total ranking in the previous quarter at 38.

Industry Revenue Y/Y Growth Ranking Annual
Within: No.
Sector # 3
Overall Market # 21





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