Snap Inc. (SNAP) — Financial statements
Income statement, balance sheet, and cash flow for Snap Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 5,931↑10.6% | 5,361↑16.4% | 4,606↑0.1% | 4,602↑11.8% | 4,117 | |
| Cost of Revenue | 2,671↑7.9% | 2,474↑17.0% | 2,114↑16.5% | 1,815↑3.7% | 1,750 | |
| Gross Profit | 3,261↑12.9% | 2,887↑15.9% | 2,492↓10.6% | 2,787↑17.7% | 2,367 | |
| Operating Expenses | ||||||
| R&D Expenses | 1,771↑4.7% | 1,692↓11.5% | 1,911↓9.4% | 2,110↑34.8% | 1,565 | |
| General & Administrative Expenses | 1,241↑35.1% | 919↑7.2% | 857↓10.1% | 953↑34.1% | 711 | |
| Selling & Marketing Expenses | 767↓27.9% | 1,064↓5.2% | 1,122↑0.3% | 1,119↑41.1% | 793 | |
| SG&A Expenses | 2,009↑1.3% | 1,983↑0.2% | 1,980↓4.5% | 2,072↑37.8% | 1,503 | |
| Other Expenses | 13 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 3,793↑3.2% | 3,674↓5.6% | 3,890↓7.0% | 4,182↑36.3% | 3,069 | |
| Total Costs & Expenses | 6,464↑5.1% | 6,149↑2.4% | 6,004↑0.1% | 5,997↑24.4% | 4,819 | |
| Operating Results | ||||||
| Operating Income | -532↑32.4% | -787↑43.7% | -1,398↓0.2% | -1,395↓98.7% | -702 | |
| Depreciation & Amortization | 160↑1.1% | 158↓6.2% | 168↓16.7% | 202↑69.7% | 119 | |
| EBITDA | -169↑65.6% | -493↑55.4% | -1,104↑6.2% | -1,177↓248.7% | -338 | |
| EBIT | -329↑49.4% | -651↑48.9% | -1,272↑7.7% | -1,379↓202.0% | -457 | |
| Interest & Other Income | ||||||
| Net Interest Income | 45↓65.8% | 132↓9.9% | 146↑294.1% | 37↑397.7% | -12 | |
| Interest Income | 134↓12.6% | 153↓8.9% | 168↑187.4% | 59↑1027.1% | 5 | |
| Interest Expense | 89↑313.0% | 22↓2.1% | 22↑2.6% | 21↑21.4% | 18 | |
| Non-Operating Income | -203↓48.6% | -137↓8.4% | -126↓684.0% | -16↑93.5% | -245 | |
| Other Income / Expenses | 89↓22.3% | 115↑10.7% | 104↑2028.3% | -5↓102.4% | 228 | |
| Income Before Tax | -443↑34.1% | -672↑48.1% | -1,294↑7.6% | -1,401↓195.3% | -474 | |
| Income Tax Expense | 18↓30.9% | 26↓8.7% | 28↓3.1% | 29↑113.2% | 14 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -460↑34.0% | -698↑47.2% | -1,322↑7.5% | -1,430↓193.0% | -488 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -460↑34.0% | -698↑47.2% | -1,322↑7.5% | -1,430↓193.0% | -488 | |
| Bottom-Line Net Income | -460↑34.0% | -698↑47.2% | -1,322↑7.5% | -1,430↓193.0% | -488 | |
| EPS (Basic) | -0.27↑35.7% | -0.42↑48.8% | -0.82↑7.9% | -0.89↓187.1% | -0.31 | |
| EPS (Diluted) | -0.27↑35.7% | -0.42↑48.8% | -0.82↑7.9% | -0.89↓187.1% | -0.31 | |
| Weighted Average Shares | 1,710↑3.1% | 1,659↑2.9% | 1,613↑0.3% | 1,608↑3.2% | 1,559 | |
| Weighted Average Diluted Shares | 1,720↑3.7% | 1,659↑2.9% | 1,613↑0.3% | 1,608↑3.2% | 1,559 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.