Elon Musk-owned social media platform X has reported strong revenue growth in 2025, even as high restructuring costs continue to weigh on profitability. The company’s latest financial figures show improving operations after a turbulent period following Musk’s takeover.
How Much Revenue Did X Generate in 2025?
X generated more than $2 billion in revenue during the first nine months of 2025, according to people familiar with the matter. This marks an increase of about 18% compared to the same period last year. In the third quarter alone, revenue rose over 17% year over year to $752 million.
Did X Make a Profit in the Third Quarter?
Despite higher revenue, X reported a net loss of $577 million in the third quarter. The loss was mainly due to elevated costs, including restructuring expenses linked to workforce changes and operational adjustments.
What Does EBITDA Say About X’s Operations?
X’s EBITDA rose around 16% year over year to approximately $454 million in the third quarter. EBITDA also increased about 9% from the previous quarter, suggesting improving operational stability and better cost management compared to earlier periods.
Key Financial Highlights
- Revenue crossed $2 billion in the first nine months of 2025
- Year-to-date revenue up around 18%
- Third-quarter revenue reached $752 million
- Net loss of $577 million in Q3 due to restructuring costs
- EBITDA up 16% year over year and 9% quarter over quarter
What This Means for X Going Forward
While X is still posting losses, the steady rise in revenue and EBITDA points to gradual recovery and stabilization. The figures indicate that Musk’s restructuring efforts may be starting to strengthen the platform’s core operations, even as profitability remains a challenge.
