In Q4 2023, Squarespace reported a quarterly revenue of USD 270.7 million, an 18% increase over the previous year. On a full-year basis, the company recorded a total revenue of USD 1 billion, up 17% YoY.
Moreover, Squarespace reported a total operating loss of USD 7.1 million compared to a loss of USD 225.2 million in 2022. Notably, the 2022 loss included a USD 225.2 million non-cash goodwill impairment charge.
The company also launched Squarespace Payments, a new feature that enables users to accept payments from their online stores securely. Additionally, the company also introduced Squarespace Blueprint, a guided website design system that provides professionally curated layouts and styling options.
The company also relaunched its domain management solution, Squarespace Domains, following its acquisition of Google Domains Assets, and partnered with Soundcloud to enable SoundCloud Next Pro artists to create websites with music-themed domains.
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