Get started

Financials · SNAP

Snap Inc. (SNAP) financials

For the twelve months ended Sep 30, 2026, Snap Inc. reported $6.57B of revenue and -$151.20M of net income.

Revenue, TTM
$6.57B
Revenue growth, YoY
+13.8%
Net income, TTM
-$151.20M
Net margin
-2.3%
Free cash flow, TTM
$776.55M
EPS, diluted, TTM
-$0.09
Cash
$1.02B
Total debt
$3.49B
P/S
1.28
Market cap
$8.38B
Annual revenue$5.93B
FY2016FY2025
Annual net income-$460.49M
FY2016FY2025
Annual free cash flow$437.19M
FY2016FY2025

SNAP revenue and earnings growth

SNAP revenueQ3 2026$1.72B

Quarter YoY
+14.3%
QoQ
+7.7%
FY YoY
+10.6%
5Y CAGR
+18.8%
10Y CAGR
+58.7%

SNAP revenue was $1.72B in fiscal Q3 2026 (ended Sep 30, 2026), up 14.3% from a year earlier and up 7.7% from the prior quarter. For the full fiscal 2025 it was $5.93B, up 10.6% from fiscal 2024. Compound annual growth was +18.8% over 5 years and +58.7% over 10 years. It rose in each of the last 10 fiscal years. Fiscal 2025 is the highest of the 11 fiscal years on file.

SNAP net incomeQ3 2026$56.50M

SNAP net income was $56.50M in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$103.54M a year earlier. For the full fiscal 2025 it was -$460.49M, compared with -$697.86M in fiscal 2024.

SNAP EPSQ3 2026$0.03

SNAP diluted EPS was $0.03 in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$0.06 a year earlier. For the full fiscal 2025 it was -$0.27, compared with -$0.42 in fiscal 2024.

SNAP free cash flowQ3 2026$164.45M

Quarter YoY
+76.0%
QoQ
+36.4%
FY YoY
+99.9%

SNAP free cash flow was $164.45M in fiscal Q3 2026 (ended Sep 30, 2026), up 76.0% from a year earlier and up 36.4% from the prior quarter. For the full fiscal 2025 it was $437.19M, up 99.9% from fiscal 2024. It rose in 2 of the last 4 fiscal years. Fiscal 2025 is the highest of the 11 fiscal years on file.

Export CSV

Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue$5.93B$5.36B$4.61B$4.60B$4.12B$2.51B$1.72B$1.18B$824.95M$404.48M
Cost of revenue$2.67B$2.47B$2.11B$1.82B$1.75B$1.18B$895.84M$798.87M$717.46M$451.66M
Gross profit$3.26B$2.89B$2.49B$2.79B$2.37B$1.32B$819.70M$381.58M$107.49M-$47.18M
Research and development$1.79B$1.69B$1.91B$2.11B$1.57B$1.10B$883.51M$772.18M$1.53B$183.68M
Selling, general and admin$979.13M$919.10M$857.42M$953.26M$710.64M$529.16M$580.92M$477.02M$1.54B$165.16M
Operating income-$532.17M-$787.29M-$1.40B-$1.40B-$702.07M-$862.07M-$1.10B-$1.27B-$3.49B-$520.38M
Interest expense$122.00M$21.55M$22.02M$21.46M$17.68M$97.23M$24.99M$3.89M$3.46M$1.42M
Pre-tax income-$451.14M-$672.23M-$1.29B-$1.40B-$474.37M-$926.18M-$1.03B-$1.25B-$3.46B-$521.72M
Income tax$9.35M$25.63M$28.06M$28.96M$13.58M$18.65M$393.0K$2.55M-$18.34M-$7.08M
Net income-$460.49M-$697.86M-$1.32B-$1.43B-$487.95M-$944.84M-$1.03B-$1.26B-$3.45B-$514.64M
EPS, basic-$0.27-$0.42-$0.82-$0.89-$0.31-$0.65-$0.75-$0.97-$2.95-$0.64
EPS, diluted-$0.27-$0.42-$0.82-$0.89-$0.31-$0.65-$0.75-$0.97-$2.95-$0.64
Diluted shares1.69B1.66B1.61B1.61B1.56B1.46B1.38B1.30B1.17B807.9M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Cash and equivalents$1.03B$1.05B$1.78B$1.42B$1.99B$546.54M$521.26M$388.97M$337.01M$163.34M
Short-term investments$1.91B$2.33B$1.76B$2.52B$1.70B$1.99B$1.59B$891.91M$1.71B$837.25M
Receivables$1.37B$1.35B$1.28B$1.18B$1.07B$744.29M$492.19M$354.96M$279.47M$162.66M
Current assets$4.58B$4.91B$4.98B$5.26B$4.85B$3.34B$2.64B$1.68B$2.37B$1.18B
Goodwill$1.72B$1.69B$1.69B$1.65B$1.59B$939.26M$761.15M$632.37M$639.88M$319.14M
Total assets$7.68B$7.94B$7.97B$8.03B$7.54B$5.02B$4.01B$2.71B$3.42B$1.72B
Current liabilities$1.29B$1.24B$1.13B$1.22B$851.79M$667.33M$499.68M$292.69M$346.26M$156.74M
Short-term debt$46.97M$36.21M--------
Long-term debt$3.49B$3.61B--------
Total debt$3.54B$3.64B$3.75B$3.74B$2.25B-----
Total liabilities$5.40B$5.49B$5.55B$5.45B$3.75B$2.69B$1.75B$403.11M$429.24M$203.88M
Shareholders' equity$2.28B$2.45B$2.41B$2.58B$3.79B$2.33B$2.26B$2.31B$2.99B$1.52B

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Operating cash flow$656.17M$413.48M$246.52M$184.61M$292.88M-$167.64M-$304.96M-$689.92M-$734.67M-$611.25M
Capital expenditures$218.98M$194.83M$211.73M$129.31M$69.88M$57.83M$36.48M$120.24M$84.52M$66.44M
Free cash flow$437.19M$218.65M$34.79M$55.31M$223.00M-$225.48M-$341.44M-$810.17M-$819.18M-$677.69M
Investing cash flow$173.12M-$717.08M$570.95M-$1.06B$90.23M-$729.86M-$728.61M$694.45M-$1.36B-$1.01B
Financing cash flow-$848.13M-$428.62M-$458.79M$306.71M$1.07B$922.79M$1.17B$47.44M$2.27B$1.14B
Share repurchases$750.87M$311.07M$189.39M$1.00B$0$0----
Stock-based compensation$1.02B$1.04B$1.32B$1.39B$1.09B$770.18M$686.01M$538.21M$2.64B$31.84M
Depreciation and amortization$163.63M$158.07M$168.44M$202.17M$119.14M$86.74M$87.25M$91.65M$61.29M$29.11M

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue growth, YoY10.6%16.4%0.1%11.8%64.2%46.1%45.3%43.1%104.0%589.5%
Gross margin55.0%53.9%54.1%60.6%57.5%52.8%47.8%32.3%13.0%-11.7%
Operating margin-9.0%-14.7%-30.4%-30.3%-17.1%-34.4%-64.3%-107.5%-422.5%-128.7%
Net margin-7.8%-13.0%-28.7%-31.1%-11.9%-37.7%-60.3%-106.4%-417.6%-127.2%
Free cash flow margin7.4%4.1%0.8%1.2%5.4%-9.0%-19.9%-68.6%-99.3%-167.5%
Return on equity-20.2%-28.5%-54.8%-55.4%-12.9%-40.6%-45.7%-54.3%-115.1%-33.9%
Return on assets-6.0%-8.8%-16.6%-17.8%-6.5%-18.8%-25.8%-46.3%-100.7%-29.9%
Current ratio3.563.954.394.325.705.005.295.736.847.53
Debt to equity1.551.491.551.450.59-----

Source: XBRL data Snap Inc. files with the SEC, latest filing dated Nov 5, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

SNAP peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
SNAP$6.57B+13.8%-$151.20M-2.3%$8.38B
GOOGL$471.10B+22.2%$235.69B50.0%$3.50T
GOOG$471.10B+22.2%$235.69B50.0%$3.49T
META$241.61B+27.5%$75.25B31.1%$1.56T
APP$7.61B+57.8%$5.01B65.9%$129.62B
NBIS$529.80M+479.0%$82.50M15.6%$35.20B
BIDUCN¥129.08B-3.0%CN¥5.59B4.3%$27.85B

SNAP FAQ

9 questions
  • What is SNAP revenue?
    Snap Inc. (SNAP) reported $6.57B of revenue for the twelve months ended Sep 30, 2026. That is up 13.8% from the year before. Revenue for fiscal 2025 was $5.93B.
  • Is SNAP profitable?
    No. Snap Inc. reported a net loss of $151.20M for the twelve months ended Sep 30, 2026.
  • How much cash and debt does SNAP have?
    Snap Inc. reported $1.02B in cash and cash equivalents and $3.49B of debt on its most recent balance sheet in SEC filings.
  • How fast is SNAP revenue growing?
    Snap Inc.'s revenue changed +10.6% in fiscal 2025, to $5.93B. Its compound annual growth rate was +18.8% over 5 years and +58.7% over 10 years.
  • What is SNAP gross margin?
    Snap Inc.'s gross profit was $3.88B on $6.57B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 59.1%.
  • What is SNAP free cash flow?
    Snap Inc. generated $776.55M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $983.05M less capital expenditures.
  • What is SNAP earnings per share?
    Diluted earnings per share were -$0.09 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did SNAP last report financial results?
    The latest statements here come from Snap Inc.'s 10-Q filed on Nov 5, 2026, covering the period ended Sep 30, 2026.
  • Where does this SNAP financial data come from?
    Quantisnow builds these statements from the structured XBRL data Snap Inc. files with the SEC. It is provided for information only and is not investment advice.