SNAP
$6.13-4.81%
SNAP financial statements
The full income statement, balance sheet, and cash-flow statement for Snap Inc. (SNAP), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 1.70B2024-09 1.72B2024-12 1.74B2025-03 1.73B2025-06 1.73B2025-09 1.76B2025-12 1.76B2026-03 1.74B2026-06 1.69B-0.6% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 5.93B+10.6% | 5.36B+16.4% | 4.61B+0.1% | 4.60B+11.8% | 4.12B+64.2% | |
| Cost of revenue | 2.67B+7.9% | 2.47B+17.0% | 2.11B+16.5% | 1.82B+3.7% | 1.75B+48.0% | |
| Research & development | 1.79B+6.0% | 1.69B-11.5% | 1.91B-9.4% | 2.11B+34.8% | 1.57B+42.1% | |
| Selling, general & administrative | 979M+6.5% | 919M+7.2% | 857M-10.1% | 953M+34.1% | 711M+34.3% | |
| General & administrative | 979M+6.5% | 919M+7.2% | 857M-10.1% | 953M+34.1% | 711M+34.3% | |
| Selling & marketing | 1.02B-4.0% | 1.06B-5.2% | 1.12B+0.3% | 1.12B+41.1% | 793M+42.7% | |
| Restructuring | — | 70.2M+72.0% | 40.8M-78.4% | 189M | — | |
| Amortization of intangibles | 45.5M-24.2% | 60.0M-26.0% | 81.1M-38.7% | 132M+109.3% | 63.2M+88.7% | |
| Operating income | -532M+32.4% | -787M+43.7% | -1.40B-0.2% | -1.40B-98.7% | -702M+18.6% | |
| Interest expense | 122M+466.1% | 21.6M-2.1% | 22.0M+2.6% | 21.5M+21.4% | 17.7M-81.8% | |
| Interest & investment income | 134M-12.6% | 153M-8.9% | 168M+187.4% | 58.6M+1027.1% | 5.20M-71.3% | |
| Other non-operating income | 68.9M+508.8% | -16.8M+60.3% | -42.4M+0.3% | -42.5M-117.7% | 240M+1502.4% | |
| Gain (loss) on equity securities | -5.64M-375.6% | -1.19M+82.3% | -6.68M+93.4% | -101M-183.0% | 122M | |
| Pre-tax income | -451M+32.9% | -672M+48.1% | -1.29B+7.6% | -1.40B-195.3% | -474M+48.8% | |
| Income tax | 9.35M-63.5% | 25.6M-8.7% | 28.1M-3.1% | 29.0M+113.2% | 13.6M-27.2% | |
| Net income | -460M+34.0% | -698M+47.2% | -1.32B+7.5% | -1.43B-193.0% | -488M+48.4% | |
| -$0.27+35.7% | -$0.42+48.8% | -$0.82+7.9% | -$0.89-187.1% | -$0.31+52.3% | ||
| EPS (basic) | -$0.27+35.7% | -$0.42+48.8% | -$0.82+7.9% | -$0.89-187.1% | -$0.31+52.3% | |
| Weighted-avg shares (basic) | 1.69B+2.1% | 1.66B+2.9% | 1.61B+0.3% | 1.61B+3.2% | 1.56B+7.1% | |
| Weighted-avg shares (diluted) | 1.69B+2.1% | 1.66B+2.9% | 1.61B+0.3% | 1.61B+3.2% | 1.56B+7.1% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 4.58B-6.6% | 4.91B-1.4% | 4.98B-5.3% | 5.26B+8.3% | 4.85B+45.4% | ||
| Cash & equivalents | 1.03B-1.5% | 1.05B-41.2% | 1.78B+25.1% | 1.42B-28.6% | 1.99B+265.4% | |
| Short-term investments | 1.91B-18.0% | 2.33B+32.1% | 1.76B-29.9% | 2.52B+48.1% | 1.70B-14.7% | |
| Accounts receivable | 1.37B+1.8% | 1.35B+5.5% | 1.28B+8.0% | 1.18B+10.7% | 1.07B+43.6% | |
| Prepaid expenses | 272M+49.5% | 182M+18.5% | 154M+14.2% | 134M+45.7% | 92.2M+64.3% | |
| 7.68B-3.3% | 7.94B-0.4% | 7.97B-0.8% | 8.03B+6.5% | 7.54B+50.0% | ||
| Property, plant & equipment | 578M+18.2% | 489M+19.2% | 410M+51.0% | 272M+34.1% | 203M+13.4% | |
| Operating lease right-of-use | 506M-4.6% | 530M+2.6% | 517M+39.3% | 371M+15.1% | 322M+19.5% | |
| Goodwill | 1.72B+1.8% | 1.69B-0.1% | 1.69B+2.8% | 1.65B+3.6% | 1.59B+69.1% | |
| Intangible assets | 66.6M-22.9% | 86.4M-41.0% | 146M-28.5% | 204M-26.4% | 278M+162.1% | |
| Other non-current assets | 221M-5.4% | 234M+3.2% | 227M-18.9% | 280M-4.0% | 291M+51.2% | |
| 1.29B+3.5% | 1.24B+9.6% | 1.13B-6.7% | 1.22B+42.7% | 852M+27.6% | ||
| Accounts payable | 220M+26.9% | 173M-37.9% | 279M+53.5% | 182M+45.1% | 125M+74.2% | |
| Accrued liabilities | 972M-3.7% | 1.01B+25.2% | 806M-18.4% | 987M+46.5% | 674M+21.6% | |
| Deferred revenue | 145M+28.8% | 113M+20.3% | 93.7M+84.5% | 50.8M+14.2% | 44.5M+59.9% | |
| Short-term & current debt | 47.0M+29.7% | 36.2M | — | — | — | |
| Current lease liability | 48.5M+94.8% | 24.9M-49.5% | 49.3M+6.1% | 46.5M-11.3% | 52.4M+27.6% | |
| 5.40B-1.6% | 5.49B-1.2% | 5.55B+1.9% | 5.45B+45.5% | 3.75B+39.0% | ||
| Long-term debt | 3.49B-3.3% | 3.61B-3.8% | 3.75B+0.2% | 3.74B+66.1% | 2.25B | |
| Non-current lease liability | 558M-3.0% | 575M+5.3% | 546M+41.4% | 386M+18.7% | 326M+13.3% | |
| Operating lease liability (total) | 606M+1.1% | 600M+0.7% | 596M+37.6% | 433M+14.5% | 378M+15.1% | |
| Other non-current liabilities | 61.8M+4.2% | 59.2M-52.2% | 124M+18.6% | 104M-66.9% | 316M+389.7% | |
| 2.28B-6.9% | 2.45B+1.5% | 2.41B-6.5% | 2.58B-31.9% | 3.79B+62.7% | ||
| Additional paid-in capital | 16.6B+6.3% | 15.6B+7.1% | 14.6B+9.8% | 13.3B+10.3% | 12.1B+18.3% | |
| Retained earnings | -13.9B-9.5% | -12.7B-8.6% | -11.7B-14.8% | -10.2B-23.3% | -8.28B-5.0% | |
| Treasury stock | 436M-5.4% | 461M-4.0% | 480M-4.1% | 501M | 0.00 | |
| Accumulated other comprehensive income | 26.7M+890.8% | 2.69M-62.2% | 7.13M+151.0% | -14.0M-353.1% | 5.52M-74.2% | |
| Total liabilities & equity | 7.68B-3.3% | 7.94B-0.4% | 7.97B-0.8% | 8.03B+6.5% | 7.54B+50.0% | |
| Common shares outstanding | 1.76B+1.1% | 1.74B+2.5% | 1.69B+4.3% | 1.63B+0.4% | 1.62B+7.7% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 656M+58.7% | 413M+67.7% | 247M+33.5% | 185M-37.0% | 293M+274.7% | ||
| Depreciation & amortization | 164M+3.5% | 158M-6.2% | 168M-16.7% | 202M+69.7% | 119M+37.3% | |
| Intangible amortization | 45.5M-24.2% | 60.0M-26.0% | 81.1M-38.7% | 132M+109.3% | 63.2M+88.7% | |
| Share-based compensation | 1.02B-2.3% | 1.04B-21.4% | 1.32B-4.6% | 1.39B+27.1% | 1.09B+41.8% | |
| Deferred income taxes | 2.79M+746.1% | 330K+104.6% | -7.25M-74.6% | -4.15M+55.9% | -9.41M-48.8% | |
| Change in receivables | 31.8M-66.1% | 94.0M-4.2% | 98.1M-18.1% | 120M-64.0% | 333M+30.2% | |
| Change in payables | 45.9M+145.6% | -101M-206.0% | 95.0M+104.3% | 46.5M-13.2% | 53.6M+163.0% | |
| 173M+124.1% | -717M-225.6% | 571M+153.7% | -1.06B-1277.3% | 90.2M+112.4% | ||
| Capital expenditure | 219M+12.4% | 195M-8.0% | 212M+63.7% | 129M+85.1% | 69.9M+20.8% | |
| Free cash flow | 437M+99.9% | 219M+528.4% | 34.8M-37.1% | 55.3M-75.2% | 223M+198.9% | |
| Acquisitions | 35.5M | 0.00-100.0% | 50.3M-25.1% | 67.1M-78.4% | 311M+84.1% | |
| Sales/maturities of investments | 977M-30.8% | 1.41B-41.8% | 2.42B-4.0% | 2.53B-0.5% | 2.54B-7.3% | |
| Other investing activities | 3.58M+3481.0% | 100K-96.4% | 2.78M-84.7% | 18.1M+855.5% | 1.90M+134.5% | |
| -848M-97.9% | -429M+6.6% | -459M-249.6% | 307M-71.2% | 1.07B+15.4% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00-100.0% | 1.48B+30.4% | 1.14B+15.0% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 751M+141.4% | 311M+64.2% | 189M-81.1% | 1.00B | 0.00 | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other financing activities | -8.50M-372.3% | -1.80M | 0.00 | 0.00 | — | |
| Interest paid | 65.1M+532.6% | 10.3M+0.4% | 10.2M+15.5% | 8.87M-18.5% | 10.9M-9.4% | |
| Income taxes paid | 26.7M+8.2% | 24.7M-20.2% | 30.9M+155.8% | 12.1M-52.3% | 25.3M+586.2% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 14.2B-24.3% | 18.7B-34.5% | 28.6B+92.8% | 14.8B-80.5% | 76.2B+1.2% | |
| P/S | 2.4×-31.6% | 3.5×-44.5% | 6.3×+95.1% | 3.2×-82.6% | 18.5×-38.4% | |
| P/B | 6.2×-18.7% | 7.6×-33.4% | 11.5×+124.3% | 5.1×-74.5% | 20.1×-37.8% | |
| P/FCF | 32.4×-62.1% | 85.6×-99.3% | 12405.0×+11434.1% | 107.6×-68.5% | 341.5× | |
| FCF yield | 3.1%+164.1% | 1.2%+14391.8% | 0.01%-99.1% | 0.93%+217.5% | 0.29% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: SNAP’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all SNAP filings on SEC EDGAR → Not investment advice.