Snap Inc. Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	5,931	5,361	4,606	4,602	4,117
Revenue Growth (YoY)	10.63%	16.40%	0.09%	11.77%	64.25%
Cost of Revenue	2,670	2,474	2,114	1,815	1,750
Gross Profit	3,262	2,887	2,492	2,787	2,367
Selling, General & Admin	2,000	1,983	1,980	2,072	1,503
Research & Development	1,794	1,692	1,911	2,110	1,565
Total Operating Expenses	3,794	3,674	3,890	4,182	3,069
Operating Income	-532.17	-787.29	-1,398	-1,395	-702.07
Interest Income	134.16	153.47	168.39	58.6	5.2
Interest Expense	-122	-21.55	-22.02	-21.46	-17.68
Other Non-Operating Income (Expense)	68.87	-16.85	-42.41	-42.53	240.18
Total Non-Operating Income (Expense)	81.03	115.07	103.96	-5.39	227.7
Pretax Income	-451.14	-672.23	-1,294	-1,401	-474.37
Provision for Income Taxes	9.35	25.63	28.06	28.96	13.58
Net Income	-460.49	-697.86	-1,322	-1,430	-487.96
Net Income to Common	-460.49	-697.86	-1,322	-1,430	-487.96
Shares Outstanding (Basic)	1,695	1,659	1,613	1,608	1,559
Shares Outstanding (Diluted)	1,695	1,659	1,613	1,608	1,559
Shares Change (YoY)	2.14%	2.89%	0.26%	3.16%	7.10%
EPS (Basic)	-0.27	-0.42	-0.82	-0.89	-0.31
EPS (Diluted)	-0.27	-0.42	-0.82	-0.89	-0.31
Shares Outstanding	1,712	1,691	1,646	1,574	1,619
Free Cash Flow	437.19	218.65	34.79	55.31	223.01
Free Cash Flow Growth	99.95%	528.42%	-37.09%	-75.20%	-
Free Cash Flow Per Share	0.26	0.13	0.02	0.03	0.14
Gross Margin	54.99%	53.85%	54.10%	60.55%	57.49%
Operating Margin	-8.97%	-14.68%	-30.36%	-30.32%	-17.05%
Profit Margin	-7.76%	-13.02%	-28.71%	-31.07%	-11.85%
FCF Margin	7.37%	4.08%	0.76%	1.20%	5.42%
EBITDA	-368.53	-629.22	-1,230	-1,193	-582.93
EBITDA Margin	-6.21%	-11.74%	-26.70%	-25.93%	-14.16%
EBIT	-532.17	-787.29	-1,398	-1,395	-702.07
EBIT Margin	-8.97%	-14.68%	-30.36%	-30.32%	-17.05%
Effective Tax Rate	-2.07%	-3.81%	-2.17%	-2.07%	-2.86%

Updated Feb 4, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q