Telegram revenue jumps to $870M in H1 2025; $2B full-year target: FT

🔥 Key Takeaways

  • Telegram’s revenue surged to $870 million in the first half of 2025, representing a 65% increase.
  • The company aims to reach a full-year revenue target of $2 billion.
  • Toncoin write-downs and $500 million in frozen bonds have added financial pressure on the company.

Telegram Sees Significant Revenue Growth in H1 2025

According to a report by the Financial Times, Telegram’s revenue has jumped to $870 million in the first half of 2025, marking a 65% increase from the same period last year. This substantial growth is a positive indicator for the company, which has been expanding its services and user base. The revenue surge can be attributed to the increasing popularity of Telegram’s messaging app and its foray into other areas such as e-commerce and digital payments.

Full-Year Target and Financial Pressure

The company has set an ambitious full-year revenue target of $2 billion, which is a significant increase from its current revenue. However, Telegram is also facing financial pressure due to Toncoin write-downs and $500 million in frozen bonds. The write-downs are related to the company’s investment in Toncoin, a cryptocurrency that has faced significant volatility in recent times. The frozen bonds, on the other hand, are a result of regulatory issues and have limited the company’s access to liquidity.

Future Prospects and Challenges

Despite the financial pressure, Telegram’s revenue growth is a positive sign for the company’s future prospects. The increasing demand for its services and the expansion into new areas are expected to drive revenue growth in the coming years. However, the company will need to navigate the regulatory challenges and manage its investments carefully to achieve its full-year target. As the crypto market continues to evolve, Telegram’s ability to adapt and innovate will be crucial to its success.