Twitter was profitable! They made a profit in 2018 and 2019 and would have been profitable in 2021 were it not for a one-time legal settlement. Or if you prefer

Twitter was profitable! They made a profit in 2018 and 2019 and would have been profitable in 2021 were it not for a one-time legal settlement. Or if you prefer to do it by quarters, they’ve been profitable for 16 of the last 20 quarters. Twitter’s main problem wasn’t that it wasn’t profitable, it’s that growth was slower than ideal and they had been unsuccessful at diversification. Now with Twitter facing a new $1.2B per year in debt, servicing hitting profitability again will be a challenge.