← Snap Inc
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $404.5m | $824.9m | $1.2b | $1.7b | $2.5b | $4.1b | $4.6b | $4.6b | $5.4b | $5.9b | |
| Cost of Revenue | $115.7m | $717.5m | $120.3m | $174.7m | $324.3m | $679.0m | $681.9m | $675.0m | $2.5b | $2.7b | |
| Gross Profit (Calculated) | ($47.2m) | $107.5m | $381.6m | $819.7m | $1.3b | $2.4b | $2.8b | $2.5b | $2.9b | $3.3b | |
| Operating expenses: | |||||||||||
| Operating Income (Loss) | ($520.4m) | ($3.5b) | ($1.3b) | ($1.1b) | ($862.1m) | ($702.1m) | ($1.4b) | ($1.4b) | ($787.3m) | ($532.2m) | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $16.2m | $31.5m | $42.6m | $33.4m | $33.5m | $63.2m | $132.3m | $81.1m | $60.0m | $45.5m | |
| Debt and Equity Securities, Gain (Loss) | — | — | — | — | — | $289.1m | ($36.8m) | ($33.0m) | ($8.5m) | ($16.9m) | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | — | — | — | — | $11.0m | $0 | $0 | |
| Gain (Loss) on Investments | — | — | — | — | — | — | — | ($27.1m) | ($7.4m) | ($12.6m) | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | ($520.5m) | ($3.0b) | ($969.9m) | ($770.4m) | ($320.8m) | $365.0m | ($538.3m) | ($285.3m) | ($280.9m) | ($239.0m) | |
| Investment Income, Interest | $4.7m | $21.1m | $27.2m | $36.0m | $18.1m | $5.2m | $58.6m | $168.4m | $153.5m | $134.2m | |
| Realized Investment Gains (Losses) | — | — | — | — | — | — | $45.9m | $0 | ($60k) | $2.1m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($521.7m) | ($3.5b) | ($1.3b) | ($1.0b) | ($926.2m) | ($474.4m) | ($1.4b) | ($1.3b) | ($672.2m) | ($451.1m) | |
| Net Income (Loss) Attributable to Parent | ($514.6m) | ($3.4b) | ($1.3b) | ($1.0b) | ($944.8m) | ($488.0m) | ($1.4b) | ($1.3b) | ($697.9m) | ($460.5m) | |
| Earnings Per Share, Basic | ($0.64) | ($2.95) | ($0.97) | ($0.75) | ($0.65) | ($0.31) | ($0.89) | ($0.82) | ($0.42) | ($0.27) | |
| Earnings Per Share, Diluted | ($0.64) | ($2.95) | ($0.97) | ($0.75) | ($0.65) | ($0.31) | ($0.89) | ($0.82) | ($0.42) | ($0.27) | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | 1.3b | 1.4b | 1.5b | 1.6b | 1.6b | 1.6b | 1.7b | 1.7b | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | 1.3b | 1.4b | 1.5b | 1.6b | 1.6b | 1.6b | 1.7b | 1.7b | |
| Research and Development Expense | $183.7m | $1.5b | $772.2m | $883.5m | $1.1b | $1.6b | $2.1b | $1.9b | $1.7b | $1.8b | |
| Selling and Marketing Expense | $124.4m | $522.6m | $400.8m | $458.6m | $555.5m | $792.8m | $1.1b | $1.1b | $1.1b | $1.0b | |
| General and Administrative Expense | $165.2m | $1.5b | $477.0m | $580.9m | $529.2m | $710.6m | $953.3m | $857.4m | $919.1m | $979.1m | |
| Other Nonoperating Income (Expense) | ($4.6m) | $4.5m | ($8.2m) | $59.0m | $15.0m | $240.2m | ($42.5m) | ($42.4m) | ($16.8m) | $68.9m | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $21.6m | $122.0m | |
| Costs and Expenses | $924.9m | $4.3b | $2.4b | $2.8b | $3.4b | $4.8b | $6.0b | $6.0b | $6.1b | $6.5b | |
| Current Income Tax Expense (Benefit) | $872k | ($852k) | $2.9m | $884k | $25.0m | $23.0m | $33.1m | $35.3m | $25.3m | $6.6m | |
| Interest Expense | $1.4m | $3.5m | $3.9m | $25.0m | $97.2m | $17.7m | $21.5m | $22.0m | — | — | |
| Income Tax Expense (Benefit) | ($7.1m) | ($18.3m) | $2.5m | $393k | $18.7m | $13.6m | $29.0m | $28.1m | $25.6m | $9.4m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.