Snap revenue and financials
$5.90Change from previous close: +2.08%Absolute change: +$0.12
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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 1,599 | 1,529 | 1,716 | 1,507 | 1,345 | 1,363 | 1,557 | 1,373 | 1,237 | 1,195 | 1,361 | 1,189 |
| Cost of revenue | 659 | 665 | 702 | 674 | 653 | 640 | 672 | 639 | 589 | 574 | 622 | 556 |
| Gross profit | 940 | 864 | 1,014 | 833 | 692 | 724 | 886 | 734 | 648 | 621 | 740 | 633 |
| Selling, general and administrative | 488 | 460 | 492 | 508 | 508 | 493 | 490 | 494 | 496 | 475 | 505 | 518 |
| Research and development | 494 | 478 | 473 | 453 | 443 | 424 | 423 | 413 | 406 | 411 | 484 | 495 |
| Operating income | -42.2 | -74.4 | 49.7 | -128 | -260 | -194 | -26.9 | -173 | -254 | -265 | -249 | -380 |
| EBIT | -42.2 | -74.4 | 49.7 | -128 | -260 | -194 | -26.9 | -173 | -254 | -265 | -249 | -380 |
| EBITDA | 4.7 | -29.8 | 93.1 | -85.8 | -220 | -156 | 9.5 | -134 | -216 | -223 | -216 | -339 |
| Interest expense | 36.9 | 36.8 | 36.5 | 34.5 | 27.6 | 23.4 | 5.8 | 5.9 | 5.1 | 4.7 | 5.3 | 5.5 |
| Pre-tax income | -161 | -85.8 | 38.0 | -103 | -255 | -131 | 14.3 | -145 | -243 | -298 | -245 | -362 |
| Income tax | 2.5 | 3.2 | -7.2 | 0.5 | 7.7 | 8.4 | 5.2 | 8.3 | 5.2 | 6.9 | 3.3 | 5.8 |
| Net income | -164 | -89.0 | 45.2 | -104 | -263 | -140 | 9.1 | -153 | -249 | -305 | -248 | -368 |
| Net income to common shareholders | -164 | -89.0 | 45.2 | -104 | -263 | -140 | 9.1 | -153 | -249 | -305 | -248 | -368 |
| Basic EPS | -0.10 | -0.05 | 0.03 | -0.06 | -0.16 | -0.08 | 0.01 | -0.09 | -0.15 | -0.19 | -0.15 | -0.23 |
| Diluted EPS | -0.10 | -0.05 | 0.03 | -0.06 | -0.16 | -0.08 | 0.01 | -0.09 | -0.15 | -0.19 | -0.15 | -0.23 |
| Average shares (basic) | 1,663 | 1,688 | 1,710 | 1,697 | 1,675 | 1,696 | 1,681 | 1,663 | 1,645 | 1,647 | 1,639 | 1,626 |
| Average shares (diluted) | 1,663 | 1,688 | 1,720 | 1,697 | 1,675 | 1,696 | 1,717 | 1,663 | 1,645 | 1,647 | 1,639 | 1,626 |