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MARKETS / NYSE / SNAP
NYSE · SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. · LARGE CAP

Snap Inc. SNAP

11 fiscal years on record · USD · FY2025 reported · SEC filings only
$5.9B
▲ 10.6% YoY
$-460.5M
$437.2M
▲ 99.9% YoY
In brief

What this company does

Its flagship product, Snapchat, is a visual messaging application. Visual messaging allows Snapchatters to communicate with friends and family using augmented reality, video, voice, messaging, and creative tools. The company connects both brand and direct response advertisers to Snapchatters globally. As of December 31, 2025, it had 5,261 full-time employees, of whom approximately 54% were in engineering roles involved in the design, development, support, and manufacture of new and existing products and processes. As of December 31, 2025, it had approximately 5,927 issued patents and approximately 3,526 filed patent applications in the United States and foreign countries relating to its products and platforms.

Written from the business description in Snap Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 5 February 2026. Every sentence was checked against that document before publication.

Growth
USD 5.9B
Revenue, FY2025 · full 11-year series below
Revenue $B Net income $B
FY2025 · Revenue 5.9 · Net income -0.5
2B4B-2B201520172019202120232025
Compound annual growth
+8.8%
+18.8%
+58.7%
−9.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +18.8% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−8 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -9.0% · Net -7.8%
-200%-400%-600%201520172019202120232025
ROE
FY2025 · ROE -19.5%
-50%-100%-150%201520172019202120232025

Each USD of equity lost 19 cents this year.

Cash & shareholders
USD 750.5M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 437.2
200M400M-400M-800M201520172019202120232025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks 750.5
400M800M202020212022202320242025

USD 750.5M in buybacks went back to shareholders in a year without profit.

Total assetsUSD 7.7B
EquityUSD 2.3B
CashUSD 1.0B
Gross debtUSD 3.5B
Net debtUSD 2.5B
Current ratio3.56×

Net debt stands at 110% of equity.

The 11-year record
11 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021202020192018201720162015
Revenue $B5.95.44.64.64.12.51.71.20.80.40.1
Operating income $B−0.5−0.8−1.4−1.4−0.7−0.9−1.1−1.3−3.5−0.5−0.4
EBITDA $B−0.4−0.6−1.2−1.2−0.6−0.8−1.0−1.2−3.4−0.5−0.4
Income tax $B0.00.00.00.00.00.00.00.0−0.0−0.0−0.0
Net income $B−0.5−0.7−1.3−1.4−0.5−0.9−1.0−1.3−3.4−0.5−0.4
Free cash flow $B0.40.20.00.10.2−0.2−0.3−0.8−0.8−0.7−0.3
EPS, diluted $−0.27−0.42−0.82−0.89−0.31−0.65−0.75····
Dividend / sh $···········
Payout %···········
ROE %−19.5−28.7−53.0−44.9−15.9−41.2−45.2−47.4−152.7−45.1−48.8
Shares out B1.761.741.691.631.621.50·····

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

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This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures in 38 reconciliationsAUDITED

Reconciled in 11 of 19 fiscal years. 46 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Computer Programming, Data Processing, Etc.
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2015

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