Snap financials
$5.34+2.30%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.93B | $5.36B | $4.61B | $4.60B | $4.12B | $2.51B | $1.72B | $1.18B | $824.9M |
| Gross profit | $3.26B | $2.89B | $2.49B | $2.79B | $2.37B | $1.32B | $819.7M | $381.6M | $107.5M |
| Gross margin | 55.0% | 53.9% | 54.1% | 60.6% | 57.5% | 52.8% | 47.8% | 32.3% | 13.0% |
| Operating income | -$532.2M | -$787.3M | -$1.40B | -$1.40B | -$702.1M | -$862.1M | -$1.10B | -$1.27B | -$3.49B |
| Net income | -$460.5M | -$697.9M | -$1.32B | -$1.43B | -$488.0M | -$944.8M | -$1.03B | -$1.26B | -$3.45B |
| Net margin | −7.8% | −13.0% | −28.7% | −31.1% | −11.9% | −37.7% | −60.3% | −106.4% | −417.6% |
| Diluted EPS | $-0.27 | $-0.42 | $-0.82 | $-0.89 | $-0.31 | $-0.65 | $-0.75 | $-0.97 | $-2.95 |
| EBITDA | -$368.5M | -$629.2M | -$1.23B | -$1.19B | -$582.9M | -$775.3M | -$1.02B | -$1.18B | -$3.42B |
| Operating cash flow | $656.2M | $413.5M | $246.5M | $184.6M | $292.9M | -$167.6M | -$305.0M | -$689.9M | -$734.7M |
| Free cash flow | $437.2M | $218.7M | $34.8M | $55.3M | $223.0M | -$225.5M | -$341.4M | -$810.2M | -$819.2M |
| Diluted shares | 1,694.6M | 1,659.1M | 1,612.5M | 1,608.3M | 1,559.0M | 1,455.7M | 1,375.5M | 1,300.6M | 1,166.1M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.03B | $1.05B | $1.78B | $1.42B | $1.99B | $545.6M |
| Short-term investments | $1.91B | $2.33B | $1.76B | $2.52B | $1.70B | $1.99B |
| Total debt | $3.54B | $3.64B | $3.75B | $3.74B | $2.25B | $1.68B |
| Total assets | $7.68B | $7.94B | $7.97B | $8.03B | $7.54B | $5.02B |
| Total liabilities | $5.40B | $5.49B | $5.55B | $5.45B | $3.75B | $2.69B |
| Shareholders' equity | $2.28B | $2.45B | $2.41B | $2.58B | $3.79B | $2.33B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology