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 4.204 million subscriptions. [1]
Date: Mar 9, 2023
Squarespace Total Bookings
How much does Squarespace make from subscriptions?
Squarespace made $906.056 million from subscriptions in 2022, up from $813.06 billion in 2021. [1]
Date: Mar 9, 2023
Squarespace Top Industries
What industries use Squarespace the most?
Source:SimilarTech
Food and drink
2.53%
Arts and entertainment
2.02%
Science and Education
1.1%
Community and Society
1.06%
Other
93.3%
2.53% of websites built with Squarespace are for businesses in the food and drink industry. [2]
Last Accessed: Mar 18, 2023
Squarespace Market Share
What percentage of websites use Squarespace?
Squarespace has a 3.71% market share, whereas WordPress leads with 45%. [4]
Date: Jan 2, 2023
Squarespace GMV
Do people actually use Squarespace for e-commerce?
Squarespace processed $6.059 billion from online businesses using its platform in 2022, up from $5.782 billion in 2021. [1]
Date: Mar 9, 2023
Squarespace Revenue Breakdown
Squarespace Revenue by Product
How does Squarespace make money?
Squarespace made $269.672 million from people using its Commerce plan in 2022, up from $229.515 million in 2021. [1]
Date: Mar 9, 2023
Squarespace Revenue by Region
Where does Squarespace's revenue come from?
$622.796 million of Squarespace's $866.972 million in 2022 revenue came from the US. [1]
Date: Mar 9, 2023
Squarespace Fee Revenue
How much does Squarespace make from fees?
Squarespace made $931.708 million from subscription fees in 2022, up from $835.194 million in 2021. [1]
Date: Mar 9, 2023
Squarespace Average Revenue Per Unique Subscription (ARPUS)
How much does Squarespace make from each subscription?
Squarespace earns an average of $209.16 from each subscription. [1]
Date: Mar 9, 2023
Squarespace Expense Statistics
Squarespace Total Expenses
How much does Squarespace spend on operations in a year?
Squarespace's operating expenses in 2022 amounted to $926.131 million, up from $898.281 million in 2021. [1]
Date: Mar 9, 2023
Squarespace Expenses by Type
Squarespace statistics breaking down the company's annual costs and expenses by type.
Source:Squarespace
Research and product development
$227.30M
Sales and marketing
$322.05M
General and administrative
$151.62M
Squarespace spent $227.297 million on R&D in 2022, up from $190.371 million in 2021. [1]
Date: Mar 9, 2023
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 $322.051 million on sales and marketing in 2022, up from $339.965 million in 2021. [1]
Date: Mar 9, 2023
Squarespace Advertising Expense
How much does Squarespace spend on advertising?
Squarespace spent $241,904 on advertising in 2022, down from $274,919 in 2021. [1]
Date: Mar 9, 2023
Squarespace Employee Statistics
Squarespace Employees
How many employees does Squarespace have?
1,800 people were employed by Squarespace at the end of 2022, up from 1,600 in 2021. [1]
Date: Mar 9, 2023
Squarespace Employees by Location
Squarespace stats breaking down the company's workforce by location.
1,590 of the 1,800 people working at Squarespace at the end of 2022 were based in the US, [1]
Date: Mar 9, 2023
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 2022 Annual Report
https://d18rn0p25nwr6d.cloudfront.net/CIK-0001496963/4aa08958-2424-49b5-be56-80a1cdff8577.pdfDate: Mar 9, 2023
2.
3.
4.
WPBeginner
https://www.wpbeginner.com/research/cms-market-share-report-latest-trends-and-usage-stats/Date: Jan 2, 2023
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
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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.