Snap Inc. (BIT:1SNAP)

Italy flag Italy · Delayed Price · Currency is EUR
4.795
-0.075 (-1.54%)
Last updated: Apr 24, 2026, 3:03 PM CET
Market Cap8.15B -39.8%
Revenue (ttm)5.05B +10.6%
Net Income-392.20M
EPS-0.23
Shares Outn/a
PE Ration/a
Forward PE10.23
Dividendn/a
Ex-Dividend Daten/a
Volume1,430
Average Volume7,661
Open4.770
Previous Close4.870
Day's Range4.770 - 4.810
52-Week Range3.405 - 8.700
Beta0.91
RSI56.82
Earnings DateMay 6, 2026

About Snap Inc.

Snap Inc. operates as a technology company in North America, Europe, and internationally. The company offers Snapchat, a visual messaging application with various tabs, such as camera, visual messaging, snap map, stories, and spotlight that enable people to communicate visually through short videos and snaps. It also provides Snapchat+, Lens+, and Snapchat Platinum, a subscription service that provides subscribers access to exclusive, experimental, and pre-release features; Spectacles, an augmented reality (AR) glasses; and advertising products... [Read more]

Founded 2010
Employees 5,261
Stock Exchange Borsa Italiana
Ticker Symbol 1SNAP

Financial Performance

In 2025, Snap Inc.'s revenue was $5.93 billion, an increase of 10.63% compared to the previous year's $5.36 billion. Losses were -$460.49 million, -34.01% less than in 2024.

Financial numbers in USD Financial Statements

News

Whether It's 'Disruption' or 'Renormalization,' AI Is Killing Tech Jobs—And It's Not Done Yet

More techies are #opentowork as AI continues to shake up Silicon Valley.

19 hours ago - Investopedia

Tech layoffs update: Meta, Nike, Snap, and others join the growing list of companies slashing jobs in April 2026

April is shaping up to be yet another brutal month for job cuts in the technology sector. But the announcements may not have the immediate effect that many companies are hoping for.

21 hours ago - Fast Company

Snap Stock Edges Higher As New CFO Takes The Reins Of $500 Million Savings Plan

Snap Inc (NYSE:SNAP) shares are higher in pre-market trading Wednesday as traders leaned into the company's profitability reset, the CFO transition and a 1,000-job cost-cut plan. The move is getting a...

3 days ago - Benzinga

Snap Shares Drop As CFO Exit, Job Cuts And Profit Push Weigh On Sentiment

Snap Inc. (NYSE:SNAP) shares fell Tuesday as investors weighed a series of April announcements, including the April 17 exit of CFO Derek Andersen and a broader restructuring push toward profitability.

3 days ago - Benzinga

Snap Finance® Announces Key Executive Appointments

SALT LAKE CITY--(BUSINESS WIRE)--Snap Finance®, a leading fintech platform that drives retailer growth by expanding consumer access to financing, announces the appointments of Lisa Young as Executive ...

4 days ago - Business Wire

Snap names Doug Hott as new CFO

Snapchat-parent Snap on Monday named Doug ​Hott as its new ‌CFO, replacing Derek Andersen.

4 days ago - Reuters

Can Cost Cuts Save Snap? Analysts Skeptical As North American Users Decline

Jones incorporated Snap's revised guidance into his model, noting the company now expects 2026 adjusted operating expenses of $2.75 billion, down from $3 billion, and stock-based compensation of $1.05...

8 days ago - Benzinga

Snap's layoffs highlight growing work trend: AI-powered tiny teams

Snap is leaning into small, AI-powered "squads" to boost speed and output. AI proponents say the technology lets fewer workers accomplish more, allowing for flatter hierarchies.

9 days ago - Business Insider

Snap cuts 95 jobs in Washington state as part of broader layoffs, pushing for AI efficiencies

Snap filed a WARN Act notice showing 95 employees affected across its Bellevue, Seattle, and Vancouver, Wash.

9 days ago - GeekWire

Snapchat parent company cuts 1,000 jobs in major AI-driven workforce restructuring

Snapchat parent Snap is laying off about 1,000 employees and closing 300 open roles as activist investor Irenic Capital pushes for cost savings.

9 days ago - Fox Business

Snap layoffs today: 16% of jobs cut as CEO Evan Spiegel is the latest to tout AI advances

On Wednesday, April 15, Snap CEO Evan Spiegel announced in a letter to employees that the company would lay off about 1,000 people, including 16% of its full-time employees.

9 days ago - Fast Company

Snap Is Laying Off 16% of Full-Time Staff as It Embraces A.I.

The company, which owns the social media app Snapchat, said it was laying off about 1,000 employees as it increased its reliance on artificial intelligence.

9 days ago - NYTimes

Snap Lays Off 1,000 Workers To Focus on AI—Is This the New Norm?

AI strikes again.

9 days ago - Investopedia

Snap and Other Companies Blame AI for Layoffs. Is It Just a Convenient Excuse?

AI was the leading reason U.S.-based employers cited for layoffs in March. Snap just joined the club.

9 days ago - Barrons

Snap slashes 1K jobs in ‘AI efficiency' bloodbath

Spiegel, whose personal fortune is pegged by Forbes at $2.3 billion, said he was “deeply sorry” in a staff memo announcing the cuts, which amount to 16% of the Snapchat parent's overall workforce.

9 days ago - New York Post

Snap Blames 1,000 Layoffs On AI—And These Companies Have Done The Same

Get Forbes Breaking News Text Alerts: We're launching text message alerts so you'll always know the biggest stories shaping the day's headlines. Text “Alerts” to (201) 335-0739 or sign up here: joinsu...

9 days ago - Forbes

Snap Inc blames AI as it lays off 1,000 workers

Cuts by Snapchat's parent company come in response to a declining stock price and pressure from an activist investor

9 days ago - The Guardian

Snap To Cut 1,000 Jobs After Activist Pressure, Bets On AI Efficiency

The social media firm's shares rose 5.8%. The stock has fallen about 31% so far this year.

10 days ago - Huffington Post

Snap Inc. Announces Date of First Quarter 2026 Results Conference Call

SANTA MONICA, Calif.--(BUSINESS WIRE)--Snap Inc. (NYSE: SNAP) will hold its quarterly conference call to discuss first quarter 2026 financial results on Wednesday, May 6, 2026 at 2:00 p.m. Pacific Tim...

10 days ago - Business Wire

Snap stock rises on plan to cut 1,000 jobs and $500 million costs

Snap Inc. said on Wednesday it would lay off about 1,000 employees, or roughly 16% of its full-time workforce, as the social media company moves to streamline operations under pressure from an activis...

10 days ago - Invezz

Snap to slash workforce by 16%, saying AI has reduced need for repetitive work

Wall Street continues its trend of cheering news of large layoffs in the technology sector.

10 days ago - Market Watch

Snap to Lay Off 16% of Staff. The Stock Is Jumping.

The social media company is attempting to streamline operations and accelerate its path to profitability.

10 days ago - Barrons

Snap to Cut 16% of Workforce as It Seeks Profitability

The layoffs were necessary to enable the company to increase efficiency and pursue profitable growth, the social-media company's chief executive said.

10 days ago - WSJ

Snap says it will lay off 16% of its global workforce. Read the memo it sent to staff.

Snap is the latest tech company to announce layoffs. The company behind Snapchat will cut 16% of its global workforce, according to a regulatory filing.

10 days ago - Business Insider

Snap's stock jumps 7% after announcing plans to lay off up to 16% of its workforce

Snap rose in premarket trading after announcing plans to lay off around 16% of its workforce. In this article SNAP

10 days ago - CNBC