Snap Inc (SNAP) Financial Statements
Industry: Computer Programming, Data Processing, Etc. (Services)
In fiscal 2025, Snap reported revenue of $5.93B, up 10.6% from $5.36B the year before. Net income was -$460.5M (a -7.8% net margin), or -$0.27 per diluted share. Gross margin was 55.0% and operating margin was -9.0%. Operating activities generated $656.2M of cash, leaving $437.2M of free cash flow. At fiscal year end, Snap held $7.68B in total assets against $5.40B in total liabilities, including $1.03B of cash and equivalents.
Open the full interactive Snap financials → Quarterly statements, key ratios, valuation history and price charts.
Snap Key Stats
| Share Price | $6.49 |
|---|---|
| Market Cap | $10.80B |
| Revenue YoY Growth | +10.6% |
| 52-Week Range | $3.93 – $9.09 |
| Shares Outstanding | 1.66 billion (basic, 2026 Q2) |
Snap Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $2.51B | $4.12B | $4.60B | $4.61B | $5.36B | $5.93B |
| Cost of Goods Sold | $324.3M | $679.0M | $681.9M | $675.0M | $6.15B | $6.46B |
| Gross Profit | $1.32B | $2.37B | $2.79B | $2.49B | $2.89B | $3.26B |
| Operating Income | -$862.1M | -$702.1M | -$1.40B | -$1.40B | -$787.3M | -$532.2M |
| Pre-Tax Income | -$926.2M | -$474.4M | -$1.40B | -$1.29B | -$672.2M | -$451.1M |
| Income Tax | $18.7M | $13.6M | $29.0M | $28.1M | $25.6M | $9.4M |
| Net Income | -$944.8M | -$488.0M | -$1.43B | -$1.32B | -$697.9M | -$460.5M |
| Diluted EPS | -$0.65 | -$0.31 | -$0.89 | -$0.82 | -$0.42 | -$0.27 |
Snap Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $1.51B | $1.72B | $1.53B | $1.60B |
| Net Income | -$103.5M | $45.2M | -$89.0M | -$164.0M |
| Diluted EPS | -$0.06 | $0.03 | -$0.05 | -$0.10 |
Snap Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $545.6M | $1.99B | $1.42B | $1.78B | $1.05B | $1.03B |
| Current Assets | $3.34B | $4.85B | $5.26B | $4.98B | $4.91B | $4.58B |
| Total Assets | $5.02B | $7.54B | $8.03B | $7.97B | $7.94B | $7.68B |
| Current Liabilities | $667.3M | $851.8M | $1.22B | $1.13B | $1.24B | $1.29B |
| Total Long-Term Debt | $1.68B | $2.25B | $3.74B | $3.75B | $3.64B | $3.54B |
| Total Liabilities | $2.69B | $3.75B | $5.45B | $5.55B | $5.49B | $5.40B |
| Shareholders' Equity | $2.33B | $3.79B | $2.58B | $2.41B | $2.45B | $2.28B |
Snap Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$167.6M | $292.9M | $184.6M | $246.5M | $413.5M | $656.2M |
| Cash From Investing | -$729.9M | $90.2M | -$1.06B | $571.0M | -$717.1M | $173.1M |
| Cash From Financing | $922.8M | $1.07B | $306.7M | -$458.8M | -$428.6M | -$848.1M |
| Free Cash Flow | -$225.5M | $223.0M | $55.3M | $34.8M | $218.7M | $437.2M |
Figures from Snap's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Snap financials page for every line item.
Snap Company Profile
| Ticker | SNAP |
|---|---|
| Exchange | NYSE |
| Industry | Computer Programming, Data Processing, Etc. (Services) |
| Headquarters | Santa Monica, California |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001564408 |
Frequently Asked Questions
What was Snap's revenue in fiscal 2025?
Snap (SNAP) reported revenue of $5.93B for fiscal 2025.
What is Snap's annual revenue history?
Snap's annual revenue by fiscal year: 2020: $2.51B; 2021: $4.12B; 2022: $4.60B; 2023: $4.61B; 2024: $5.36B; 2025: $5.93B.
What was Snap's net income in fiscal 2025?
Snap reported net income of -$460.5M for fiscal 2025.
What was Snap's earnings per share (EPS) in fiscal 2025?
Snap's diluted EPS was -$0.27 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Snap generate in fiscal 2025?
Snap generated $437.2M of free cash flow in fiscal 2025.
What was Snap's revenue last quarter?
In its most recent reported quarter (2026 Q2), Snap reported revenue of $1.60B.
How much debt does Snap have?
Snap reported $3.54B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Snap are outstanding?
Snap reported a weighted average of 1.66 billion basic shares outstanding in 2026 Q2.
What is Snap's market cap?
Based on its latest closing price, Snap (SNAP) has a market capitalization of about $10.80B.
When does Snap's fiscal year end?
Snap's fiscal year end, as registered with the SEC, is December 31.
Where is Snap headquartered?
Snap lists its business address in Santa Monica, California in its SEC filings.
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