This statistic presents and estimate of Instagram's revenue from the first quarter of 2017 to the fourth quarter of 2020. In the fourth quarter of 2020, the photo sharing app is projected to generate 6.8 billion U.S. dollars in global revenues, up from an estimated 3.3 billion U.S. dollars in the second quarter of 2019.
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Recode. (October 9, 2018). Projected revenue of Instagram from 1st quarter 2017 to 4th quarter 2020 (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 28, 2026, from /statistics/448157/instagram-worldwide-mobile-internet-advertising-revenue/
Recode. "Projected revenue of Instagram from 1st quarter 2017 to 4th quarter 2020 (in billion U.S. dollars)." Chart. October 9, 2018. ÌÇÐÄÆÆ½â°æ. Accessed July 28, 2026. /statistics/448157/instagram-worldwide-mobile-internet-advertising-revenue/
Recode. (2018). Projected revenue of Instagram from 1st quarter 2017 to 4th quarter 2020 (in billion U.S. dollars). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 28, 2026. /statistics/448157/instagram-worldwide-mobile-internet-advertising-revenue/
Recode. "Projected Revenue of Instagram from 1st Quarter 2017 to 4th Quarter 2020 (in Billion U.S. Dollars)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 9 Oct 2018, /statistics/448157/instagram-worldwide-mobile-internet-advertising-revenue/
Recode, Projected revenue of Instagram from 1st quarter 2017 to 4th quarter 2020 (in billion U.S. dollars) ÌÇÐÄÆÆ½â°æ, /statistics/448157/instagram-worldwide-mobile-internet-advertising-revenue/ (last visited July 28, 2026)
Projected revenue of Instagram from 1st quarter 2017 to 4th quarter 2020 (in billion U.S. dollars) [Graph], Recode, October 9, 2018. [Online]. Available: /statistics/448157/instagram-worldwide-mobile-internet-advertising-revenue/