Snap
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Snap's past years’ income statements indicate that its last revenue has increased compared to the previous period by 0% to $4,606,115,000. The net income raised on -$1,322,485,000 and profit margin reached -29%. Total operating expenses were $3,890,377,000.
Profit Margin
| 2015 | 58.66M | -372.89M | -635.65% |
|---|---|---|---|
| 2016 | 404.48M | -514.64M | -127.24% |
| 2017 | 824.94M | -3.44B | -417.61% |
| 2018 | 1.18B | -1.25B | -106.39% |
| 2019 | 1.71B | -1.03B | -60.25% |
| 2020 | 2.50B | -944.83M | -37.69% |
| 2021 | 4.11B | -487.95M | -11.85% |
| 2022 | 4.60B | -1.42B | -31.07% |
| 2023 | 4.60B | -1.32B | -28.71% |
SNAP Income Statement (2015 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||
Revenue | 4.60B | 4.60B | 4.11B | 2.50B | 1.71B | 1.18B | 824.94M | 404.48M | 58.66M |
Cost of revenue | 2.11B | 1.81B | 1.75B | 1.18B | 895.83M | 798.86M | 717.46M | 451.66M | 182.34M |
Gross profit | 2.49B | 2.78B | 2.36B | 1.32B | 819.69M | 381.58M | 107.48M | -47.17M | -123.67M |
Operating exp. | |||||||||
Research and development | 1.91B | 2.10B | 1.56B | 1.10B | 883.50M | 772.18M | 1.53B | 183.67M | 82.23M |
Selling and marketing | 1.12B | 1.11B | 792.76M | 555.46M | 458.59M | 400.82M | 522.60M | 124.37M | 27.21M |
Total operating expenses | 3.89B | 4.18B | 3.06B | 2.18B | 1.92B | 1.65B | 3.59B | 473.20M | 258.05M |
Operating income | -1.39B | -1.39B | -702.06M | -862.07M | -1.10B | -1.26B | -3.48B | -520.38M | -381.72M |
Other income (expenses), net | 103.95M | -5.39M | 227.69M | -64.11M | 70.06M | -8.24M | 22.16M | -4.56M | 1.24M |
Income before tax | -1.29B | -1.40B | -474.37M | -926.18M | -1.03B | -1.25B | -3.46B | -521.72M | -380.48M |
Income tax expense | 28.06M | 28.95M | 13.58M | 18.65M | 393K | 2.54M | -18.34M | -7.08M | -7.58M |
Net income | -1.32B | -1.42B | -487.95M | -944.83M | -1.03B | -1.25B | -3.44B | -514.64M | -372.89M |
Earnings per share | |||||||||
Basic EPS | -0.82 | -0.89 | -0.31 | -0.65 | -0.75 | -0.97 | -2.95 | -0.44 | -0.37 |
Diluted EPS | -0.82 | -0.89 | -0.31 | -0.65 | -0.75 | -0.97 | -2.95 | -0.44 | -0.37 |
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