Snap revenue and financials
$5.77Change from previous close: −0.17%Absolute change: −$0.01
In the fiscal year ended December 2025, Snap reported revenue of $5.93B (+10.63% year over year). The net loss was $460.49M.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +10.63%
- 2025 vs 2024
- Net margin
- -7.8%
- 2024: -13.0%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total revenue | 5,931 | 5,361 | 4,606 | 4,602 | 4,117 |
| Cost of revenue | 2,670 | 2,473 | 2,114 | 1,795 | 1,750 |
| Gross profit | 3,262 | 2,888 | 2,492 | 2,807 | 2,367 |
| Selling, general and administrative | 2,000 | 1,953 | 1,980 | 1,983 | 1,503 |
| Research and development | 1,794 | 1,653 | 1,911 | 2,031 | 1,565 |
| Operating income | -532 | -717 | -1,398 | -1,206 | -702 |
| EBIT | -532 | -717 | -1,398 | -1,206 | -702 |
| EBITDA | -369 | -562 | -1,250 | -1,053 | -583 |
| Interest expense | 122 | 21.6 | 22.0 | 21.5 | 17.7 |
| Pre-tax income | -451 | -672 | -1,294 | -1,401 | -474 |
| Income tax | 9.4 | 25.6 | 28.1 | 29.0 | 13.6 |
| Net income | -460 | -698 | -1,322 | -1,430 | -488 |
| Net income to common shareholders | -460 | -698 | -1,322 | -1,430 | -488 |
| Basic EPS | -0.27 | -0.42 | -0.82 | -0.89 | -0.31 |
| Diluted EPS | -0.27 | -0.42 | -0.82 | -0.89 | -0.31 |
| Average shares (basic) | 1,695 | 1,659 | 1,613 | 1,608 | 1,559 |
| Average shares (diluted) | 1,695 | 1,659 | 1,613 | 1,608 | 1,559 |