Snap Inc. (SNAP)

SNAP Income Statement

Revenue, expenses, and profitability analysis

SNAP Quarterly Income Statement (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Gross Profit	3.400B	863.550M	1.013B	832.619M	691.597M	723.638M	885.623M	733.667M	647.847M
Revenue	6.097B	1.529B	1.716B	1.507B	1.345B	1.363B	1.557B	1.373B	1.237B
Cost of Goods Sold	2.697B	665.241M	703.749M	674.220M	653.333M	639.579M	671.660M	638.907M	588.921M
Gross Profit Margin	56.5%	56.5%	59.0%	55.3%	51.4%	53.1%	56.9%	53.5%	52.4%
Total Operating Expenses	3.813B	937.999M	962.995M	960.981M	951.273M	917.484M	912.500M	906.877M	901.822M
Research & Development	1.825B	478.296M	450.000M	453.418M	443.325M	424.165M	422.937M	412.791M	406.196M
Selling, General & Administrative	1.967B	459.703M	491.608M	507.563M	507.948M	480.011M	489.563M	494.086M	495.626M
Operating Income (EBIT)	-412.770M	-74.449M	49.717M	-128.362M	-259.676M	-193.846M	-26.877M	-173.210M	-253.975M
Operating Margin	-4.9%	-4.9%	2.9%	-8.5%	-19.3%	-14.2%	-1.7%	-12.6%	-20.5%
Income Before Tax (EBT)	-397.381M	-85.760M	46.317M	-103.031M	-254.907M	-131.158M	14.265M	-144.915M	-243.418M
Interest Income	123.600M	26.459M	31.687M	32.255M	33.199M	37.018M	38.573M	38.533M	36.462M
Interest Expense	102.357M	36.756M	3.500M	34.494M	27.607M	23.399M	5.813M	5.883M	5.113M
Other Income/Expense	15.389M	-11.311M	-3.400M	25.331M	4.769M	62.688M	41.142M	28.295M	10.557M
Net Income	-409.853M	-88.951M	45.209M	-103.541M	-262.570M	-139.587M	9.101M	-153.247M	-248.620M
Income Tax Expense	12.472M	3.191M	1.108M	510K	7.663M	8.429M	5.164M	8.332M	5.202M
Net Profit Margin	-5.8%	-5.8%	2.6%	-6.9%	-19.5%	-10.2%	0.6%	-11.2%	-20.1%
EBITDA	-129.014M	-29.753M	114.039M	-26.023M	-187.277M	-70.044M	59.659M	-100.182M	-200.375M
EBITDA Margin	-1.9%	-1.9%	6.6%	-1.7%	-13.9%	-5.1%	3.8%	-7.3%	-16.2%
Depreciation & Amortization	166.814M	44.696M	39.581M	42.514M	40.023M	37.715M	39.581M	38.850M	37.930M
EPS Basic	-0.25	-0.05	0.03	-0.06	-0.16	-0.08	0.01	-0.09	-0.15
EPS Diluted	-0.25	-0.05	0.03	-0.06	-0.16	-0.08	0.01	-0.09	-0.15
Shares Outstanding	1.688B	1.688B	1.710B	1.697B	1.675B	1.696B	1.717B	1.663B	1.645B
Diluted Shares Outstanding	1.688B	1.688B	1.720B	1.697B	1.675B	1.696B	1.717B	1.663B	1.645B

SNAP Annual Income Statement (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Gross Profit	3.261B	2.887B	2.492B	2.787B	2.367B	1.324B	819.696M	381.581M
Revenue	5.931B	5.361B	4.606B	4.602B	4.117B	2.507B	1.716B	1.180B
Cost of Goods Sold	2.671B	2.474B	2.114B	1.815B	1.750B	1.183B	895.838M	798.865M
Gross Profit Margin	55.0%	53.9%	54.1%	60.6%	57.5%	52.8%	47.8%	32.3%
Total Operating Expenses	3.793B	3.674B	3.890B	4.182B	3.069B	2.186B	1.923B	1.650B
Research & Development	1.771B	1.692B	1.911B	2.110B	1.565B	1.102B	883.509M	772.185M
Selling, General & Administrative	2.009B	1.983B	1.980B	2.072B	1.503B	1.085B	1.040B	877.846M
Operating Income (EBIT)	-532.167M	-787.294M	-1.398B	-1.395B	-702.069M	-862.072M	-1.103B	-1.268B
Operating Margin	-9.0%	-14.7%	-30.4%	-30.3%	-17.1%	-34.4%	-64.3%	-107.5%
Income Before Tax (EBT)	-442.779M	-672.226M	-1.294B	-1.401B	-474.371M	-926.185M	-1.033B	-1.253B
Interest Income	134.159M	153.466M	168.394M	58.597M	5.199M	18.127M	36.042M	27.228M
Interest Expense	89.000M	21.552M	22.024M	21.459M	17.676M	97.228M	24.994M	3.894M
Other Income/Expense	89.388M	115.068M	103.956M	-5.391M	227.698M	-64.113M	70.061M	15.086M
Net Income	-460.489M	-697.856M	-1.322B	-1.430B	-487.955M	-944.839M	-1.034B	-1.256B
Income Tax Expense	17.710M	25.630M	28.062M	28.956M	13.584M	18.654M	393K	2.547M
Net Profit Margin	-7.8%	-13.0%	-28.7%	-31.1%	-11.9%	-37.7%	-60.3%	-106.4%
EBITDA	-169.305M	-492.600M	-1.104B	-1.177B	-337.554M	-742.213M	-921.028M	-1.158B
EBITDA Margin	-2.9%	-9.2%	-24.0%	-25.6%	-8.2%	-29.6%	-53.7%	-98.1%
Depreciation & Amortization	159.833M	158.074M	168.441M	202.173M	119.141M	86.744M	87.245M	91.648M
EPS Basic	-0.27	-0.42	-0.82	-0.89	-0.31	-0.65	-0.75	-0.97
EPS Diluted	-0.27	-0.42	-0.82	-0.89	-0.31	-0.65	-0.75	-0.97
Shares Outstanding	1.710B	1.659B	1.613B	1.608B	1.559B	1.456B	1.375B	1.301B
Diluted Shares Outstanding	1.720B	1.659B	1.613B	1.608B	1.559B	1.456B	1.375B	1.301B

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Snap Inc.

Snap Inc. is a global technology company focused on cameras, serving users across North America, Europe, and other international regions. Its primary product is Snapchat, a powerful camera application that facilitates visual communication through short videos and images. This app boasts several key features, including its Camera function, Communication tools, Snap Map, Stories, and Spotlight. In addition to its software, Snap Inc. develops Spectacles, smart glasses designed to integrate with Snapchat for capturing media from a first-person perspective. The company also offers a comprehensive suite of advertising products, encompassing augmented reality (AR) ads and various Snap ad formats like single image/video, story, collection, and dynamic ads, as well as commercials. Founded in 2010, the company initially operated as Snapchat, Inc. before adopting the name Snap Inc. in September 2016. Its headquarters are located in Santa Monica, California.

Santa Monica, CA

5,061 employees

www.snap.com

Communication Services / Internet Content & Information

Sector: Communication Services
Industry: Internet Content & Information
CEO: Evan T. Spiegel

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