SNAP · NYSE · Internet Content & Information

Snap

Runs Snapchat’s camera-first messaging, short-video, mapping, subscription, and augmented-reality products.

$5.44
After-hours close−0.01 (−0.18%)
At close$5.45(+2.16%)
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Profile

Snap Inc.SNAPCommunication Services

Runs Snapchat’s visual messaging, Stories, Spotlight, Map, Lenses, Bitmoji, and paid subscription features. Advertising funds most of the single-segment business, while mobile-platform access, ad measurement, privacy and youth-safety obligations, and founder voting control shape its operations.

Centers on Snapchat, where private visual messaging and Stories sit alongside Spotlight short video, Map discovery, Lenses and Lens Studio, Bitmoji avatars, and paid Snapchat+ features. Spectacles and Snap OS extend the ecosystem into developer-focused augmented-reality hardware.

Executes a layered camera-first product model: communication anchors engagement, creative tools support expression, and advertising funds most of the single-segment business. Subscription features add a direct-consumer revenue layer.

Depends on mobile-platform access and ad measurement, with Apple policy changes having disrupted targeting and optimization. Privacy, security, and youth-safety obligations remain central, repeated restructurings have narrowed investment priorities, and public Class A shares ordinarily carry no voting rights under founder control.

Company facts

CEOEvan Spiegel
ListedMar 2, 2017
ExchangeNYSE
HeadquartersSanta Monica, CA
CountryUnited States
Employees5,261
CIK0001564408
ISINUS83304A1060

Key statistics

Market cap$9.17B
EPS (ttm)−$0.1874
P/E (ttm)−28.98
ROE-14.6%
P/B4.72
P/S1.44
Dividend yield
Beta2.11vs XLC 1.05

Year to date −33.0% · Average volume (30d) 39.7M

Analysts

Price target, next 12 months$6.00+10.5%Median of 73 analysts · vs the Aug 28 close
ConsensusHold28 of 73 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionRatingPrior targetTarget
Aug 4, 2026Stifel NicolausTarget$5.25$7.50
Aug 4, 2026DA DavidsonReiterateNeutral$5.25
Aug 4, 2026Mizuho SecuritiesTarget$5$6
Aug 4, 2026Evercore ISITarget$9$8
Aug 4, 2026Cantor FitzgeraldReiterateNeutral$5$6

Earnings

EPS

Estimate$0.16
ReportedDue Nov 4, 2026

Revenue

Estimate$1.73B
ReportedDue Nov 4, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 3, 2026Q2 FY26−$0.12−$0.10+17.9%$1.54B$1.60B+3.9%+14.88%
May 6, 2026Q1 FY26−$0.06−$0.05+16.7%$1.53B$1.53B+0.1%−2.13%
Feb 4, 2026Q4 FY25−$0.03$0.03+197.0%$1.70B$1.72B+1.0%−13.37%
Nov 5, 2025Q3 FY25−$0.12$0.06+149.2%$1.49B$1.51B+1.1%+9.73%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$1.36B$1.34B$1.51B$1.72B$1.53B$1.60B
Gross profit$723.6M$691.6M$832.6M$1.01B$863.6M$931.1M
Operating income−$193.8M−$259.7M−$128.4M$49.7M−$74.4M−$170.7M
Net income−$139.6M−$262.6M−$103.5M$45.2M−$89.0M−$164.0M
Diluted EPS−$0.08−$0.16−$0.06$0.03−$0.05−$0.10
Gross margin53.1%51.4%55.3%59.0%56.5%58.2%
Operating margin-14.2%-19.3%-8.5%2.9%-4.9%-10.7%

Fiscal years (4-quarter sums)FY21 $4.12B · FY22 $4.60B · FY23 $4.61B · FY24 $5.36B · FY25 $5.93B

Revenue by product · Q2 FY26

Advertising Revenue$1.28B · 80%
Other Revenue$316.5M · 20%

Revenue by geography · Q2 FY26

North America$904.9M · 57%
Europe$353.7M · 22%
Rest Of World$340.3M · 21%

Balance sheet, Jun 30, 2026Cash & short-term investments $2.66B · Total debt $844.3M · Total assets $7.47B · Shareholders' equity $1.93B

Dividends

No dividends on record.

Ownership

Institutions 37.96%641.43M sharesInsiders 5.38%90.91M sharesOther 56.66%957.22M shares

Shares outstanding 1.69B · Float 1.07B · 63.1% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
FMR LLC66.51M3.94%13FAug 13, 2026
Vanguard Capital Management LLC46.92M2.78%13FAug 13, 2026
Vanguard Portfolio Management LLC46.43M2.75%13FAug 13, 2026
BlackRock, Inc.44.01M2.60%13FAug 7, 2026
Robert C. Murphy · director, 10 percent owner, officer: Chief Technology Officer41.45M2.45%Form 4Aug 7, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 17, 2026Douglas Hottofficer: Chief Financial Officer−131,884$5.20
Aug 19, 2026Zachary M. Briersofficer: General Counsel−67,540$5.08
Aug 17, 2026Zachary M. Briersofficer: General Counsel−136,504$5.20
Aug 17, 2026Rebecca Morrowofficer: Chief Accounting Officer−17,336$5.20
Aug 17, 2026Ajit Mohanofficer: Chief Business Officer−54,608$5.20
View details

Peers

  • Meta

    Direct rival across social communication, short video, ads, and smart glasses

  • Alphabet Class A

    Competes for short-video audiences, creators, and digital ad budgets

  • Pinterest

    Visual discovery, shopping, and performance-advertising rival

  • Apple

    Mobile camera, messaging, AR platform, and spatial-computing rival

  • Reddit

    Public community, UGC, attention, and advertising rival

CompareAfter-hours close

CompanyPriceChange
Snap$5.44−0.18%$9.17B22.51.4+18.9%
Meta$578.36+0.06%$1.47T21.819.06.5+28.0%
Alphabet Class A$346.00−0.14%$4.19T17.425.89.4+24.2%
Pinterest$22.80−1.70%$14.76B68.210.83.2+18.2%
Apple$320.07+0.15%$4.70T36.634.710.1+16.4%
Reddit$153.35+0.28%$29.44B35.625.010.6+61.1%
Median35.625.09.4+24.2%