Snap Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2016 - 2020
Revenue	5,530	5,361	4,606	4,602	4,117	2,507	Upgrade
Revenue Growth (YoY)	14.91%	16.40%	0.09%	11.77%	64.25%	46.11%	Upgrade
Cost of Revenue	2,539	2,473	2,114	1,795	1,750	1,183	Upgrade
Gross Profit	2,991	2,888	2,492	2,807	2,367	1,324	Upgrade
Selling, General & Admin	1,971	1,953	1,980	1,983	1,503	1,085	Upgrade
Research & Development	1,666	1,653	1,911	2,031	1,565	1,102	Upgrade
Operating Expenses	3,637	3,605	3,890	4,013	3,069	2,186	Upgrade
Operating Income	-645.97	-717.14	-1,398	-1,206	-702.07	-862.07	Upgrade
Interest Expense	-40.21	-21.55	-22.02	-21.46	-17.68	-97.23	Upgrade
Interest & Investment Income	150.59	153.47	168.39	58.6	5.2	18.13	Upgrade
Other Non Operating Income (Expenses)	-10.37	-8.23	-8.67	-5.68	-51.87	2.13	Upgrade
EBT Excluding Unusual Items	-545.96	-593.46	-1,261	-1,175	-766.41	-939.05	Upgrade
Merger & Restructuring Charges	-1.94	-70.16	-	-188.95	-	-	Upgrade
Gain (Loss) on Sale of Investments	-15.43	-8.61	-33.74	-36.85	292.04	12.86	Upgrade
Other Unusual Items	58.1	-	-	-	-	-	Upgrade
Pretax Income	-505.23	-672.23	-1,294	-1,401	-474.37	-926.19	Upgrade
Income Tax Expense	27.13	25.63	28.06	28.96	13.58	18.65	Upgrade
Net Income	-532.35	-697.86	-1,322	-1,430	-487.96	-944.84	Upgrade
Net Income to Common	-532.35	-697.86	-1,322	-1,430	-487.96	-944.84	Upgrade
Shares Outstanding (Basic)	1,671	1,659	1,613	1,608	1,559	1,456	Upgrade
Shares Outstanding (Diluted)	1,671	1,659	1,613	1,608	1,559	1,456	Upgrade
Shares Change (YoY)	2.60%	2.89%	0.26%	3.16%	7.10%	5.83%	Upgrade
EPS (Basic)	-0.32	-0.42	-0.82	-0.89	-0.31	-0.65	Upgrade
EPS (Diluted)	-0.32	-0.42	-0.82	-0.89	-0.31	-0.65	Upgrade
Free Cash Flow	295.15	218.65	34.79	55.31	223.01	-225.48	Upgrade
Free Cash Flow Per Share	0.18	0.13	0.02	0.03	0.14	-0.15	Upgrade
Gross Margin	54.09%	53.87%	54.10%	61.00%	57.49%	52.83%	Upgrade
Operating Margin	-11.68%	-13.38%	-30.36%	-26.21%	-17.05%	-34.39%	Upgrade
Profit Margin	-9.63%	-13.02%	-28.71%	-31.07%	-11.85%	-37.69%	Upgrade
Free Cash Flow Margin	5.34%	4.08%	0.76%	1.20%	5.42%	-9.00%	Upgrade
EBITDA	-495.09	-562.26	-1,250	-1,053	-582.93	-775.33	Upgrade
EBITDA Margin	-8.95%	-10.49%	-27.13%	-22.89%	-14.16%	-30.93%	Upgrade
D&A For EBITDA	150.88	154.87	148.54	152.87	119.14	86.74	Upgrade
EBIT	-645.97	-717.14	-1,398	-1,206	-702.07	-862.07	Upgrade
EBIT Margin	-11.68%	-13.38%	-30.36%	-26.21%	-17.05%	-34.39%	Upgrade

Updated Apr 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q