Snap Inc. (SNAP)

Snap Inc. Income Statement

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

Quarter Ended	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31
Revenue	1,361	1,189	1,068	988.61	1,300	1,128	1,111	1,063	1,298	1,067	982.11	769.58	911.32	678.67	454.16	462.48	560.89	446.2	388.02	320.43	389.82	297.7	262.26	230.67	285.69	207.94	181.67	149.65	165.68	128.2	71.8	38.8
Revenue Growth (YoY)	4.74%	5.32%	-3.89%	-6.97%	0.14%	5.71%	13.11%	38.09%	42.42%	57.29%	116.25%	66.40%	62.48%	52.10%	17.04%	44.33%	43.88%	49.88%	47.95%	38.91%	36.45%	43.17%	44.36%	54.14%	72.43%	62.19%	153.03%	285.71%	-	-	-	-
Cost of Revenue	621.5	555.75	496.87	439.99	481.31	466.76	446.38	420.9	449.15	443.47	445.02	412.6	385.55	293.1	250.45	253.41	253.44	223.14	215.49	203.77	212.95	197.55	191.57	196.8	191.25	210.71	152.15	163.36	153.35	127.78	94.76	75.77
Gross Profit	739.78	632.8	570.8	548.62	818.42	661.72	664.53	641.83	848.73	624	537.09	356.98	525.78	385.57	203.7	209.07	307.45	223.06	172.53	116.66	176.87	100.14	70.7	33.87	94.45	-2.77	29.52	-13.71	12.33	0.42	-22.96	-36.98
Selling, General & Admin	504.97	518.3	497.47	458.77	521.08	532.7	560.44	457.79	439.67	392.8	358.93	312.01	304.57	269.8	253.45	256.82	341.52	240.31	241.15	216.54	207.14	220	225.29	225.41	221.57	219.61	222.81	1,394	117.11	76.83	56.85	38.75
Research & Development	483.53	494.56	477.66	455.11	584.94	564.26	505.04	455.56	434.2	412.02	370.67	348.58	318.45	283.64	260.86	238.61	219.53	211.6	236.2	216.19	164.44	203.51	203.25	200.99	233.84	239.44	255.74	805.85	64.96	54.56	36.05	28.1
Operating Expenses	988.5	1,013	975.13	913.89	1,106	1,097	1,065	913.36	873.86	804.82	729.6	660.59	623.01	553.44	514.31	495.43	561.05	451.91	477.35	432.72	371.58	423.51	428.54	426.4	455.41	459.05	478.54	2,200	182.07	131.39	92.9	66.85
Operating Income	-248.71	-380.06	-404.34	-365.26	-287.6	-435.24	-400.94	-271.53	-25.13	-180.82	-192.51	-303.61	-97.24	-167.86	-310.61	-286.36	-253.6	-228.85	-304.82	-316.06	-194.71	-323.37	-357.84	-392.53	-360.96	-461.83	-449.02	-2,213.77	-169.74	-130.97	-115.86	-103.82
Interest Expense / Income	5.28	5.52	5.34	5.89	5.31	5.43	5.55	5.17	4.05	4.03	4.56	5.03	29.18	28.21	24.73	15.11	14.78	8.65	0.81	0.76	1.11	0.92	0.93	0.93	0.88	0.89	1	0.7	0.78	0.65	0	0
Other Expense / Income	-9.02	-23.18	-44.47	-49.32	-8.66	-90.41	8.58	74.41	-64.76	-113.89	-43.53	-23.2	-31.44	2.87	-8.34	3.8	-28	-8.84	-51.53	-6.69	-3.8	0.61	-6.54	-9.26	-8.62	-7.26	-7.14	-2.61	-0.27	-0.52	0.07	0.63
Pretax Income	-244.97	-362.41	-365.22	-321.83	-284.25	-350.26	-415.07	-351.11	35.58	-70.97	-153.54	-285.44	-94.97	-198.94	-326.99	-305.28	-240.37	-228.67	-254.1	-310.13	-192.02	-324.9	-352.23	-384.21	-353.22	-455.46	-442.88	-2,211.85	-170.24	-131.1	-115.93	-104.46
Income Tax	3.28	5.85	12.09	6.85	4.21	9.24	7	8.51	13.03	0.99	-1.88	1.44	18.13	0.91	-1.04	0.66	0.33	-1.3	1.08	0.28	-0.35	0.24	1.08	1.58	-3.24	-12.3	0.21	-3.01	-0.3	-6.87	-0.03	0.12
Net Income	-248.25	-368.26	-377.31	-328.67	-288.46	-359.5	-422.07	-359.62	22.55	-71.96	-151.66	-286.88	-113.1	-199.85	-325.95	-305.94	-240.7	-227.38	-255.17	-310.41	-191.67	-325.15	-353.31	-385.79	-349.98	-443.16	-443.09	-2,208.84	-169.95	-124.23	-115.89	-104.58
Shares Outstanding (Basic)	1,639	1,626	1,603	1,581	1,574	1,609	1,632	1,619	1,605	1,581	1,547	1,502	1,485	1,466	1,447	1,426	1,409	1,393	1,363	1,341	1,370	1,310	1,295	1,271	1,244	1,233	1,179	1,157	808	-	-	-
Shares Outstanding (Diluted)	1,639	1,626	1,603	1,581	1,574	1,609	1,632	1,619	1,605	1,581	1,547	1,502	1,485	1,466	1,447	1,426	1,409	1,393	1,363	1,341	1,370	1,310	1,295	1,271	1,244	1,233	-	-	-	-	-	-
Shares Change	4.16%	1.08%	-1.77%	-2.33%	-1.98%	1.74%	5.49%	7.82%	8.13%	7.81%	6.93%	5.28%	5.38%	5.24%	6.20%	6.39%	2.81%	6.37%	5.23%	5.48%	10.13%	6.24%	9.81%	9.83%	54.03%	-	-	-	-	-	-	-
EPS (Basic)	-0.15	-0.23	-0.24	-0.21	-0.19	-0.22	-0.26	-0.22	0.02	-0.05	-0.10	-0.19	-0.07	-0.14	-0.23	-0.21	-0.17	-0.16	-0.19	-0.23	-0.14	-0.25	-0.27	-0.30	-0.24	-0.36	-0.36	-2.31	-0.21	-0.15	-0.14	-0.14
EPS (Diluted)	-0.15	-0.23	-0.24	-0.21	-0.19	-0.22	-0.26	-0.22	0.02	-0.05	-0.10	-0.19	-0.07	-0.14	-0.23	-0.21	-0.17	-0.16	-0.19	-0.23	-0.14	-0.25	-0.27	-0.30	-0.24	-0.36	-0.36	-2.31	-0.21	-0.15	-0.14	-0.14
Free Cash Flow	110.86	-60.65	-118.88	103.47	78.37	18.11	-147.45	106.28	160.96	51.72	-115.71	126.04	-68.99	-69.56	-82.32	-4.61	-75.94	-84.09	-103.42	-77.99	-148.8	-158.83	-234.25	-268.3	-197.3	-219.96	-228.94	-172.99	-188.1	-234.06	-150.53	-104.99
Free Cash Flow Per Share	0.07	-0.04	-0.07	0.07	0.05	0.01	-0.09	0.07	0.10	0.03	-0.07	0.08	-0.05	-0.05	-0.06	-0.00	-0.05	-0.06	-0.08	-0.06	-0.11	-0.12	-0.18	-0.21	-0.16	-0.18	-0.19	-0.15	-0.23	-	-	-
Gross Margin	54.34%	53.24%	53.46%	55.49%	62.97%	58.64%	59.82%	60.39%	65.39%	58.46%	54.69%	46.39%	57.69%	56.81%	44.85%	45.21%	54.81%	49.99%	44.46%	36.41%	45.37%	33.64%	26.96%	14.68%	33.06%	-1.33%	16.25%	-9.16%	7.44%	0.33%	-31.98%	-95.30%
Operating Margin	-18.27%	-31.98%	-37.87%	-36.95%	-22.13%	-38.57%	-36.09%	-25.55%	-1.94%	-16.94%	-19.60%	-39.45%	-10.67%	-24.73%	-68.39%	-61.92%	-45.21%	-51.29%	-78.56%	-98.64%	-49.95%	-108.62%	-136.44%	-170.17%	-126.35%	-222.10%	-247.16%	-1479.32%	-102.45%	-102.16%	-161.37%	-267.59%
Profit Margin	-18.24%	-30.98%	-35.34%	-33.25%	-22.19%	-31.86%	-37.99%	-33.84%	1.74%	-6.74%	-15.44%	-37.28%	-12.41%	-29.45%	-71.77%	-66.15%	-42.91%	-50.96%	-65.76%	-96.87%	-49.17%	-109.22%	-134.72%	-167.25%	-122.50%	-213.12%	-243.90%	-1476.02%	-102.57%	-96.90%	-161.42%	-269.54%
Free Cash Flow Margin	8.14%	-5.10%	-11.13%	10.47%	6.03%	1.60%	-13.27%	10.00%	12.40%	4.84%	-11.78%	16.38%	-7.57%	-10.25%	-18.13%	-1.00%	-13.54%	-18.85%	-26.65%	-24.34%	-38.17%	-53.35%	-89.32%	-116.31%	-69.06%	-105.78%	-126.02%	-115.60%	-113.53%	-182.57%	-209.66%	-270.61%
Effective Tax Rate	-	-	-	-	-	-	-	-	36.62%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA	-187.37	-315.68	-320.18	-280.72	-230.45	-308.55	-330.23	-307.84	74.49	-34.43	-120.71	-256.91	-42.99	-148.93	-281.34	-268.96	-204.98	-199.37	-230.63	-286.05	-168.23	-299.09	-328.79	-361.72	-333.56	-437.11	-429.3	-2,198.71	-158.83	-123.01	-109.93	-99.41
EBITDA Margin	-13.76%	-26.56%	-29.99%	-28.40%	-17.73%	-27.34%	-29.73%	-28.97%	5.74%	-3.23%	-12.29%	-33.38%	-4.72%	-21.94%	-61.95%	-58.16%	-36.55%	-44.68%	-59.44%	-89.27%	-43.15%	-100.47%	-125.37%	-156.82%	-116.75%	-210.21%	-236.31%	-1469.25%	-95.87%	-95.95%	-153.11%	-256.21%
Depreciation & Amortization	52.32	41.21	39.69	35.22	48.49	36.29	79.29	38.1	34.86	32.51	28.27	23.5	22.81	21.8	20.93	21.2	20.62	20.65	22.66	23.32	22.68	24.9	22.51	21.55	18.79	17.47	12.59	12.45	10.63	7.44	6	5.05
EBIT	-239.7	-356.89	-359.87	-315.94	-278.94	-344.84	-409.52	-345.94	39.63	-66.94	-148.98	-280.41	-65.8	-170.73	-302.27	-290.16	-225.6	-220.02	-253.29	-309.37	-190.91	-323.99	-351.3	-383.27	-352.34	-454.57	-441.88	-2,211.16	-169.47	-130.45	-115.93	-104.46
EBIT Margin	-17.61%	-30.03%	-33.71%	-31.96%	-21.46%	-30.56%	-36.86%	-32.55%	3.05%	-6.27%	-15.17%	-36.44%	-7.22%	-25.16%	-66.56%	-62.74%	-40.22%	-49.31%	-65.28%	-96.55%	-48.97%	-108.83%	-133.95%	-166.16%	-123.33%	-218.61%	-243.23%	-1477.57%	-102.28%	-101.75%	-161.46%	-269.23%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).