Telegram Achieves Profitability, Surpasses $1 Billion Revenue Milestone in 2024

In a landmark year for the messaging platform, Telegram has announced it is now profitable, achieving over $1 billion in revenue in 2024. CEO Pavel Durov shared the news in an X post, highlighting the platform's financial success alongside its steadfast commitment to user privacy and independence.

Surge in Premium Subscriptions

Telegram Premium has driven much of this success, with a threefold increase in subscribers pushing the user base to over 12 million. The growth underscores the appeal of Telegram's enhanced features, establishing Premium as a cornerstone of its revenue model.

Record-Breaking Financial Results

Telegram closed 2024 with more than $500 million in cash reserves (excluding crypto assets) and notable gains in ad revenue. This financial momentum reflects the platform’s ability to balance innovation with monetization while maintaining a strong cash position.

Debt Reduction and Strategic Positioning

Over the past four years, Telegram issued $2 billion in debt to fuel its growth. This fall, it capitalized on favorable conditions to repay a significant portion, further bolstering its financial stability and future growth potential.

Pioneering Monetization Strategies

Telegram’s profitability is also attributed to creative monetization initiatives, including:

• Stars: A feature supporting content creators.
• Gifts & Giveaways: Engagement tools for users and creators.
• Mini Apps: Enabling third-party developers to create applications within Telegram.
• Affiliate Platform: Allowing users to earn through referrals.
• Telegram Business: Tools for businesses to optimize operations.
• Telegram Gateway: Integrations with external platforms and services.

These innovations underscore Telegram’s ability to maintain financial independence while delivering value to users and respecting their privacy. The platform’s achievements signal a new era of sustainability and growth for social media.