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Ghost revenue · 2026

How much does Ghost make?

Ghost makes ~$11.1M ARR, according to figures self-reported by its maker John O'Nolan (undated figure; profile last checked 2026-10-08). That works out to about $925K per month (annual figure ÷ 12).

Ghost logo
~$11.1M ARR
Reported
$925K
≈ per month
Annual
Figure type
Self-reported · source: ghost.org

Ghost revenue history

Milestones and revenue figures for Ghost that John O'Nolan has shared publicly, by year. Monthly values are normalised (annual ÷ 12).

  1. 2012Published the concept post for Ghost
  2. 2013Launched Ghost
  3. 2013Raised ~£196K on Kickstarter; released Ghost
  4. 2024Announced that Ghost would join the fediverse via ActivityPub
  5. 2025Ghost passed $136M generated (hosting + publishers)

How much does John O'Nolan make?

Ghost is one of 2 products by John O'Nolan.

John O'Nolan's profile →

John O'Nolan reports Ghost: ~$11.1M ARR as of 2026 as their current revenue (≈ $925K/month) — ghost.org.

Other products without public revenue: Alcove.

More about Ghost and John O'Nolan

Ghost product pageJohn O'NolanOpen Source MakersTop open source makers by revenueAll products with public revenueMaker revenue leaderboard

Ghost is listed as an indie alternative to Medium, Substack and WordPress.

Compare John O'Nolan with Takuya Matsuyama, Luca Restagno or Nevo David.

Revenue figures on IndieMakerList are self-reported by makers or taken from their public posts and interviews, and are not independently verified. We never estimate revenue that hasn't been reported; monthly values are only shown where the reported figure can be converted arithmetically (for example ARR ÷ 12).

Ghost revenue FAQ

How much does Ghost make?

Ghost makes ~$11.1M ARR, according to figures self-reported by its maker John O'Nolan (undated figure; profile last checked 2026-10-08). That works out to about $925K per month (annual figure ÷ 12).

Is Ghost's revenue verified?

No. The ~$11.1M ARR figure is self-reported by John O'Nolan (source: ghost.org) and is not independently verified by IndieMakerList. Ghost does not have a TrustMRR page we know of.

How much does John O'Nolan make in total?

John O'Nolan reports Ghost: ~$11.1M ARR as of 2026 as their current revenue (about $925K per month). Besides Ghost, John O'Nolan has built 1 other product.

How does Ghost compare with other open source makers products?

Ghost ranks #1 of 1 open source makers products on IndieMakerList with a comparable public revenue figure, at about $925K per month. The median among them is $925K per month.

Who owns Ghost?

Ghost was built by John O'Nolan and launched in 2013.