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How Much Money Does Squarespace Make?

Last updated on October 1, 2022 @ 3:49 am

Squarespace is a website builder and hosting platform that allows users to create and maintain professional-looking websites without any prior experience or design knowledge. Founded in 2004, Squarespace is now used by over 1 million people worldwide.

While Squarespace does not release its financials publicly, estimates put its annual revenue at around $200 million. The company is said to be profitable, though its margins are likely slim given the competitive nature of the website builder market.

Squarespace’s main source of revenue is subscription fees, which start at $12 per month for the Basic plan and go up to $40 per month for the Advanced plan. The company also offers an eCommerce plan for online stores, which starts at $26 per month. In addition to subscription fees, Squarespace makes money through transaction fees on eCommerce plans (3% of each sale) and through commissions on domains sold through its platform (between $20 and $70 per domain).

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Squarespace’s main source of revenue is subscription fees, which start at $12 per month for the Basic plan and go up to $40 per month for the Advanced plan.

In addition to subscription fees, Squarespace makes money through transaction fees on eCommerce plans (3% of each sale) and through commissions on domains sold through its platform (between $20 and $70 per domain).

Given that Squarespace charges between $12 and $70 per month for its services, it is safe to say that the company generates a significant amount of revenue from its subscribers. However, given the competitive nature of the website builder market, Squarespace’s margins are likely slim. Nevertheless, the company appears to be profitable and is said to have an annual revenue of around $200 million.

Madison Geldart

Madison Geldart

Cloud infrastructure engineer and tech mess solver.