Snap Inc. (SNAP) income statement
NYSE · Communication Services · Internet Content & Information · 5,261 employees · CEO Evan T. Spiegel
- Price
- $5.34 -5.99%
- Market cap
- $9.03B
- Enterprise value
- $8.92B
- Last report
- Q2 '26 filed 2026-08-04
- Next report
- 2026-11-04 EPS est. $0.00
Snap Inc. (SNAP) reported revenue of $1.6B for Q2 '26 (+18.9% year on year), operating income of -$171M (-10.7% of revenue) and net income of -$164M. Over the last four quarters revenue was $6.35B.
Income statement
| Income statement | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.19B | $1.36B | $1.19B | $1.24B | $1.37B | $1.56B | $1.36B | $1.34B | $1.51B | $1.72B | $1.53B | $1.6B | |
| Cost of revenue | $556M | $622M | $575M | $589M | $639M | $672M | $640M | $653M | $674M | $704M | $665M | $668M | |
| Gross profit | $633M | $740M | $620M | $648M | $734M | $886M | $724M | $692M | $833M | $1.01B | $864M | $931M | |
| Research & development | $495M | $484M | $450M | $406M | $413M | $423M | $424M | $443M | $453M | $450M | $478M | $542M | |
| Sales & marketing | $297M | $276M | $276M | $266M | $273M | $248M | $253M | $258M | $256M | $249M | $239M | $298M | |
| General & administrative | $221M | $229M | $227M | $229M | $221M | $241M | $227M | $250M | $251M | $242M | $221M | $261M | |
| Other operating expenses | $0 | $0 | $0 | $0 | $0 | $0 | $13.3M | $0 | $0 | $21.4M | $0 | $0 | |
| Operating expenses | $1.01B | $988M | $953M | $902M | $907M | $913M | $917M | $951M | $961M | $963M | $938M | $1.1B | |
| Operating income | -$380M | -$249M | -$333M | -$254M | -$173M | -$26.9M | -$194M | -$260M | -$128M | $49.7M | -$74.4M | -$171M | |
| Interest income | $43.8M | $43.5M | $39.9M | $36.5M | $38.5M | $38.6M | $37M | $33.2M | $32.3M | $31.7M | $26.5M | $24.7M | |
| Interest expense | $5.52M | $5.28M | $4.74M | $5.11M | $5.88M | $5.81M | $23.4M | $27.6M | $34.5M | $3.5M | $36.8M | $36.9M | |
| Other non-operating income (gains on investments, FX ...) | -$23.2M | -$9.02M | -$39.8M | -$15.7M | -$34.2M | -$47M | -$86.1M | -$32.4M | -$59.8M | -$24.7M | -$25.4M | -$46.2M | |
| Total non-operating income | $17.7M | $3.74M | $35.1M | $10.6M | $28.3M | $41.1M | $62.7M | $4.77M | $25.3M | -$3.4M | -$11.3M | $9.23M | |
| Income before tax | -$362M | -$245M | -$298M | -$243M | -$145M | $14.3M | -$131M | -$255M | -$103M | $46.3M | -$85.8M | -$161M | |
| Income tax | $5.85M | $3.28M | $6.93M | $5.2M | $8.33M | $5.16M | $8.43M | $7.66M | $510K | $1.11M | $3.19M | $2.47M | |
| Net income | -$368M | -$248M | -$305M | -$249M | -$153M | $9.1M | -$140M | -$263M | -$104M | $45.2M | -$89M | -$164M | |
| EPS (basic) | -$0.23 | -$0.15 | -$0.19 | -$0.15 | -$0.09 | $0.01 | -$0.08 | -$0.16 | -$0.06 | $0.03 | -$0.05 | -$0.10 | |
| EPS (diluted) | -$0.23 | -$0.15 | -$0.19 | -$0.15 | -$0.09 | $0.01 | -$0.08 | -$0.16 | -$0.06 | $0.03 | -$0.05 | -$0.10 | |
| Shares (basic, weighted) | 1.63B | 1.64B | 1.65B | 1.64B | 1.66B | 1.72B | 1.7B | 1.67B | 1.7B | 1.71B | 1.69B | 1.68B | |
| Shares (diluted, weighted) | 1.63B | 1.64B | 1.65B | 1.64B | 1.66B | 1.72B | 1.7B | 1.67B | 1.7B | 1.72B | 1.69B | 1.68B | |
| Depreciation & amortization | $41.2M | $52.3M | $41.7M | $37.9M | $38.9M | $39.6M | $37.7M | $40M | $42.5M | $43.4M | $44.7M | $46.9M | |
| EBITDA | -$316M | -$187M | -$252M | -$200M | -$100M | $59.7M | -$70M | -$187M | -$26M | $118M | -$4.31M | -$77.6M |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $404M | $825M | $1.18B | $1.72B | $2.51B | $4.12B | $4.6B | $4.61B | $5.36B | $5.93B | |
| Cost of revenue | $452M | $717M | $799M | $896M | $1.18B | $1.75B | $1.82B | $2.11B | $2.47B | $2.67B | |
| Gross profit | -$47.2M | $107M | $382M | $820M | $1.32B | $2.37B | $2.79B | $2.49B | $2.89B | $3.26B | |
| Research & development | $184M | $1.53B | $772M | $884M | $1.1B | $1.57B | $2.11B | $1.91B | $1.69B | $1.77B | |
| Sales & marketing | $124M | $523M | $401M | $459M | $555M | $793M | $1.12B | $1.12B | $1.06B | $767M | |
| General & administrative | $165M | $1.54B | $477M | $581M | $529M | $711M | $953M | $857M | $919M | $1.24B | |
| Other operating expenses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $13.3M | |
| Operating expenses | $473M | $3.59B | $1.65B | $1.92B | $2.19B | $3.07B | $4.18B | $3.89B | $3.67B | $3.79B | |
| Operating income | -$520M | -$3.49B | -$1.27B | -$1.1B | -$862M | -$702M | -$1.4B | -$1.4B | -$787M | -$532M | |
| Interest income | $4.65M | $21.1M | $27.2M | $36M | $18.1M | $5.2M | $58.6M | $168M | $153M | $134M | |
| Interest expense | $1.42M | $3.46M | $3.89M | $25M | $97.2M | $17.7M | $21.5M | $22M | $21.6M | $89M | |
| Other non-operating income (gains on investments, FX ...) | -$86K | -$25.6M | -$19M | -$95.1M | -$33.1M | -$245M | -$16.1M | -$126M | -$137M | -$203M | |
| Total non-operating income | -$1.34M | $22.2M | $15.1M | $70.1M | -$64.1M | $228M | -$5.39M | $104M | $115M | $89.4M | |
| Income before tax | -$522M | -$3.46B | -$1.25B | -$1.03B | -$926M | -$474M | -$1.4B | -$1.29B | -$672M | -$443M | |
| Income tax | -$7.08M | -$18.3M | $2.55M | $393K | $18.7M | $13.6M | $29M | $28.1M | $25.6M | $17.7M | |
| Net income | -$515M | -$3.45B | -$1.26B | -$1.03B | -$945M | -$488M | -$1.43B | -$1.32B | -$698M | -$460M | |
| EPS (basic) | -$0.44 | -$2.95 | -$0.97 | -$0.75 | -$0.65 | -$0.31 | -$0.89 | -$0.82 | -$0.42 | -$0.27 | |
| EPS (diluted) | -$0.44 | -$2.95 | -$0.97 | -$0.75 | -$0.65 | -$0.31 | -$0.89 | -$0.82 | -$0.42 | -$0.27 | |
| Shares (basic, weighted) | 1.16B | 1.17B | 1.3B | 1.38B | 1.46B | 1.56B | 1.61B | 1.61B | 1.66B | 1.71B | |
| Shares (diluted, weighted) | 1.16B | 1.17B | 1.3B | 1.38B | 1.46B | 1.56B | 1.61B | 1.61B | 1.66B | 1.72B | |
| Depreciation & amortization | $29.1M | $61.3M | $91.6M | $87.2M | $86.7M | $119M | $202M | $168M | $158M | $164M | |
| EBITDA | -$491M | -$3.4B | -$1.16B | -$921M | -$742M | -$338M | -$1.18B | -$1.1B | -$493M | -$166M |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-02