Snap Inc

Listed Company

SNAPCIK 0001564408NYSELarge AcceleratedServices-Computer Programming, Data Processing, Etc.DelawareFY ends Dec 31

Period

FY 2025

Revenue

$5.93B

Net Income

—

Total Assets

$7.68B

Equity

$2.28B

Shares Out

1.74B

Op. Cash Flow

$656.17M

SNAP$4.85−48.18% · past yearDBEQ Basic

Daily closing prices

Business

Snap Inc. is a technology company that operates Snapchat, a visual messaging application featuring augmented reality, video, voice, and creative tools with default-deletion messaging. The platform comprises five tabs—Camera, Visual Messaging, Snap Map, Stories, and Spotlight—plus subscription services (Snapchat+, Lens+, Snapchat Platinum) and Memories Storage Plans. Snap monetizes through advertising products including AR Ads, Snap Ads, and dynamic/collection ads targeting brand and direct-response advertisers globally. The company also develops Spectacles AR wearable glasses, provides developer tools (Lens Studio, Camera Kit, Creative Kit), supports creators and publishers, and operates an infrastructure serving hundreds of millions of users worldwide.

Summary from 10-K filed 2026-02-05

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Revenue	5,931	5,361	4,606	4,602	4,117
Cost of revenue	2,670	2,474	2,114	1,815	1,750
Research and development	1,794	1,692	1,911	2,110	1,565
Sales and marketing	1,021	1,064	1,122	1,119	793
General and administrative	979	919	857	953	711
Total costs and expenses	6,464	6,149	6,004	5,997	4,819
Operating loss	−532	−787	−1,398	−1,395	−702
Interest income	134	153	168	59	5
Interest expense	−122	−22	−22	−21	—
Other income (expense), net	69	−17	−42	−43	240
Loss before income taxes	−451	−672	−1,294	−1,401	−474
Income tax benefit (expense)	−9	−26	−28	−29	−14
Basic (in usd per share)	−0.27	−0.42	−0.82	−0.89	−0.31
Diluted (in usd per share)	−0.27	−0.42	−0.82	−0.89	−0.31
Basic (in shares)	1,695	1,659	1,613	1,608	1,559
Diluted (in shares)	1,695	1,659	1,613	1,608	1,559

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	1,030	1,047	1,780	1,423	1,994
Marketable securities	1,910	2,330	1,764	2,516	1,699
Accounts receivable, net of allowance	1,372	1,348	1,278	1,183	1,069
Prepaid expenses and other current assets	272	182	154	134	92
Total current assets	4,585	4,907	4,976	5,257	4,854
Property and equipment, net	578	489	410	272	203
Operating lease right-of-use assets	506	530	517	371	322
Intangible assets, net	67	86	146	204	278
Goodwill	1,721	1,690	1,692	1,646	1,588
Other assets	221	234	227	280	291
Total assets	7,678	7,936	7,968	8,030	7,536
Accounts payable	220	173	279	182	125
Operating lease liabilities	48	25	49	46	52
Accrued expenses and other current liabilities	972	1,009	806	987	674
Short-term debt, net	47	36	—	—	—
Total current liabilities	1,287	1,244	1,134	1,216	852
Long-term debt, net	3,490	3,608	—	—	—
Operating lease liabilities, noncurrent	558	575	546	386	326
Other liabilities	62	59	124	104	316
Total liabilities	5,396	5,486	5,554	5,449	3,746
Commitments and contingencies (Note 8)	—	—	—	—	—
Treasury stock, at cost. 44,670 and 47,222 shares of Class A non-voting common stock as of December 31, 2025 and December 31, 2024, respectively.	−436	−461	−480	−501	0
Additional paid-in capital	16,637	15,644	14,613	13,310	12,069
Accumulated deficit	−13,947	−12,735	−11,727	−10,215	−8,284
Accumulated other comprehensive income (loss)	27	3	7	−14	6
Total stockholders equity	2,281	2,451	2,414	2,581	3,790
Total liabilities and stockholders equity	7,678	7,936	7,968	8,030	7,536

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Net loss	−460	−698	−1,322	−1,430	—
Depreciation and amortization	164	158	168	202	119
Stock-based compensation	1,017	1,041	1,324	1,388	1,092
Amortization of debt issuance costs and debt discount (premium)	7	9	7	7	4
Losses (gains) on debt and equity securities, net	17	8	33	37	−289
(Gain) loss on extinguishment of debt	−97	7	0	—	—
Other	26	−21	−27	16	9
Accounts receivable, net of allowance	−32	−94	−98	−120	−333
Prepaid expenses and other current assets	−67	−37	−10	−41	−27
Operating lease right-of-use assets	57	54	71	71	47
Other assets	8	−10	2	−504,000	−11
Accounts payable	46	−101	95	46	54
Accrued expenses and other current liabilities	13	150	62	72	117
Operating lease liabilities	−34	−63	−68	−69	−49
Other liabilities	−8	8	9	5	6
Net cash provided by (used in) operating activities	656	413	247	185	293
Purchases of property and equipment	−219	−195	−212	−129	−70
Purchases of strategic investments	−23	−2	−8	−26	−41
Sales of strategic investments	11	2	8	63	37
Cash paid for acquisitions, net of cash acquired	−35	0	−50	−67	−311
Purchases of marketable securities	−1,276	−2,288	−2,048	−3,486	−2,439
Sales of marketable securities	741	354	459	76	380
Maturities of marketable securities	977	1,411	2,425	2,525	2,537
Other	−4	−100,000	−3	−18	−2
Net cash provided by (used in) investing activities	173	−717	571	−1,062	90
Proceeds from issuance of notes, net of issuance costs	2,014	740	0	1,484	—
Purchase of capped calls	0	−69	0	−177	—
Proceeds from termination of capped calls	0	63	0	0	—
Proceeds from the exercise of stock options	374,000	13	1	4	15
Repurchases of Class A non-voting common stock	−751	−311	−189	−1,001	0
Deferred payments for acquisitions	−73	−4	−270	0	0
Repurchases of convertible notes	−1,995	−859	0	—	—
Repayment of convertible notes	−36	0	0	0	—
Other	−8	−2	0	0	—
Net cash provided by (used in) financing activities	−848	−429	−459	307	1,065
Change in cash, cash equivalents, and restricted cash	−19	−732	359	−571	1,448
Cash paid for income taxes, net	27	25	31	12	25
Cash paid for interest	65	10	10	9	11

Filings

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Frequently asked questions

What is Snap Inc's CIK number?

Snap Inc's SEC CIK number is 0001564408 (1564408). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find Snap Inc's SEC filings?

All of Snap Inc's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did Snap Inc last report earnings?

Snap Inc (SNAP) most recently filed an earnings 8-K with the SEC on May 6, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001564408-26-000024). This is Snap Inc's most recent earnings filing of record — not a forecast of its next earnings date.

What is Snap Inc's most recent earnings 8-K?

Snap Inc's latest earnings 8-K (Item 2.02) was filed May 6, 2026 under accession 0001564408-26-000024. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View Snap Inc's latest earnings 8-K →
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