Twitter׳s increasing popularity as a source of up-to-date news and information about current events has spawned a body of research on event detection techniques for social media data streams. Although all proposed approaches provide some evidence as to the quality of the detected events, none relate this task-based performance to their run-time performance in terms of processing speed, data throughput, or memory usage. In particular, neither a quantitative nor a comparative evaluation of these aspects has been performed to date. In this article, we study the run-time and task-based performance of several state-of-the-art event detection techniques for Twitter. In order to reproducibly compare run-time performance, our approach is based on a general-purpose data stream management system, whereas task-based performance is automatically assessed based on a series of novel measures.