NYSE: SQSPSquarespace Inc Statistics & Facts
Key Squarespace facts
- Founded
- 2004
- Headquarters
- New York City, New York
- Founders
- Anthony Casalena
- IPO Date
- 2021-05-19
Squarespace User & Usage Statistics
Squarespace Subscriptions
How big is Squarespace?
Squarespace has 4.631 million subscriptions. [1]
Date: Feb 28, 2024
Squarespace Total Bookings
How much does Squarespace make from subscriptions?
Squarespace made $1.076 billion from subscriptions in 2023, up from $906.056 million in 2022. [1]
Date: Feb 28, 2024
Squarespace Top Industries
What industries use Squarespace the most?
Source:SimilarTech
Food and drink
2.48%
Arts and entertainment
1.99%
Science and Education
1.11%
Community and Society
1.06%
Other
93.36%
2.48% of websites built with Squarespace are for businesses in the food and drink industry. [2]
Last Accessed: Aug 9, 2024
Squarespace GMV
Do people actually use Squarespace for e-commerce?
Squarespace processed $6.212 billion from online businesses using its platform in 2023, up from $6.059 billion in 2022. [1]
Date: Feb 28, 2024
Squarespace Revenue Breakdown
Squarespace Revenue by Product
How does Squarespace make money?
Squarespace made $307.987 million from people using its Commerce plan in 2023, up from $269.672 million in 2022. [1]
Date: Feb 28, 2024
Squarespace Revenue by Region
Where does Squarespace's revenue come from?
$726.027 million of Squarespace's $1.012 billion in 2023 revenue came from the US. [1]
Date: Feb 28, 2024
Squarespace Fee Revenue
How much does Squarespace make from fees?
Squarespace made $1.106 million from subscription fees in 2023, up from $931.708 million in 2022. [1]
Date: Feb 28, 2024
Squarespace Average Revenue Per Unique Subscription (ARPUS)
How much does Squarespace make from each subscription?
Squarespace earns an average of $228.02 from each subscription. [1]
Date: Feb 28, 2024
Squarespace Expense Statistics
Squarespace Total Expenses
How much does Squarespace spend on operations in a year?
Squarespace's operating expenses in 2023 amounted to $721.088 million, down from $926.131 million in 2022. [1]
Date: Feb 28, 2024
Squarespace Expenses by Type
Squarespace statistics breaking down the company's annual costs and expenses by type.
Source:Squarespace
Research and product development
$242.19M
Sales and marketing
$349.57M
General and administrative
$129.33M
Squarespace spent $242,188 million on R&D in 2023, up from $227.297 million in 2022. [1]
Date: Feb 28, 2024
Squarespace's general and administrative expenses increased by 573.3% or $313.3 million from 2020 to 2021 because of the cost of listing on the NYSE. [5]
Date: Mar 7, 2022
Squarespace spent $349.574 million on sales and marketing in 2023, up from $322.051 million in 2022. [1]
Date: Feb 28, 2024
Squarespace Advertising Expense
How much does Squarespace spend on advertising?
Squarespace spent $251.879 on advertising in 2023, up from $241.904 in 2021. [1]
Date: Feb 28, 2024
Squarespace Employee Statistics
Squarespace Employees
How many employees does Squarespace have?
1,749 people were employed by Squarespace at the end of 2023, down from 1,800 in 2022. [1]
Date: Feb 28, 2024
Squarespace Employees by Location
Squarespace stats breaking down the company's workforce by location.
1,500 of the 1,749 people working at Squarespace at the end of 2023 were based in the US, [1]
Date: Feb 28, 2024
Squarespace Miscellaneous Stats & Facts
Squarespace went public through a direct listing on the NYSE as opposed to a traditional IPO. [6]
Date: May 23, 2021
Squarespace became the New York Knicks' first jersey sponsor in 2017, following a deal where the team's jerseys would bear the company's logo. [7]
Date: Oct 10, 2017
A Squarespace ad won an Emmy Award for Outstanding Commercial in 2017. [8]
Last Accessed: May 25, 2021
Sources
1.
Squarespace 2023 Annual Report
https://d18rn0p25nwr6d.cloudfront.net/CIK-0001496963/b8282464-6742-4402-bcd0-cc6ad2f966a7.pdfDate: Feb 28, 2024
2.
3.
4.
5.
Squarespace 2021 Annual Report
https://d18rn0p25nwr6d.cloudfront.net/CIK-0001496963/5d7870ea-9c1f-40da-bd00-30ad822aa20b.pdfDate: Mar 7, 2022
6.
Nasdaq
https://www.nasdaq.com/articles/squarespace-ipo-leaves-space-for-questioning-2021-05-23Date: May 23, 2021
7.
ESPN
https://www.espn.com/nba/story/_/id/20978534/new-york-knicks-latest-team-wear-ad-uniformDate: Oct 10, 2017
8.
Television Academy
https://www.emmys.com/shows/calling-johnmalkovichcom-squarespaceLast Accessed: May 25, 2021
9.
10.
Squarespace
https://www.squarespace.com/press-coverage/2019/10/25/squarespace-acquires-social-media-authoring-startup-unfoldDate: Oct 22, 2019
11.
Bloomberg
https://www.bloomberg.com/news/articles/2021-03-31/squarespace-buys-restaurant-tech-startup-tock-for-400-millionDate: Mar 31, 2021
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterWallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.