Snap (SNAP)
Runs Snapchat’s camera-first messaging, short-video, mapping, subscription, and augmented-reality products.
$5.63
After hours+0.00 (+0.09%)
At close$5.63(−1.32%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,189 | 1,361 | 1,195 | 1,237 | 1,373 | 1,557 | 1,363 | 1,345 | 1,507 | 1,716 | 1,529 | 1,599 |
| Cost of revenue | 556 | 622 | 575 | 589 | 639 | 672 | 640 | 653 | 674 | 704 | 665 | 668 |
| Gross profit | 633 | 740 | 620 | 648 | 734 | 886 | 724 | 692 | 833 | 1,013 | 864 | 931 |
| 1,013 | 988 | 953 | 902 | 907 | 913 | 917 | 951 | 961 | 963 | 938 | 1,102 | |
| Research & development | 495 | 484 | 450 | 406 | 413 | 423 | 424 | 443 | 453 | 450 | 478 | 542 |
| 518 | 505 | 503 | 496 | 494 | 490 | 480 | 508 | 508 | 492 | 460 | 560 | |
| Selling & marketing | 297 | 276 | 276 | 266 | 273 | 248 | 253 | 258 | 256 | 249 | 239 | 298 |
| General & administrative | 221 | 229 | 227 | 229 | 221 | 241 | 227 | 250 | 251 | 242 | 221 | 261 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 13 | 0 | 0 | 21 | 0 | 0 |
| Operating income | −380 | −249 | −333 | −254 | −173 | −27 | −194 | −260 | −128 | 50 | −74 | −171 |
| 18 | 4 | 35 | 11 | 28 | 41 | 63 | 5 | 25 | −3 | −11 | 9 | |
| Interest income | 44 | 43 | 40 | 36 | 39 | 39 | 37 | 33 | 32 | 32 | 26 | 25 |
| Interest expense | 6 | 5 | 5 | 5 | 6 | 6 | 23 | 28 | 34 | 4 | 37 | 37 |
| Other non-operating income | −23 | −9 | −40 | −16 | −34 | −47 | −86 | −32 | −60 | −25 | −25 | −46 |
| Income before tax | −362 | −245 | −298 | −243 | −145 | 14 | −131 | −255 | −103 | 46 | −86 | −161 |
| Income tax expense | 6 | 3 | 7 | 5 | 8 | 5 | 8 | 8 | 1 | 1 | 3 | 2 |
| Net income from continuing operations | −368 | −248 | −305 | −249 | −153 | 9 | −140 | −263 | −104 | 45 | −89 | −164 |
| Net income | −368 | −248 | −305 | −249 | −153 | 9 | −140 | −263 | −104 | 45 | −89 | −164 |
| EPS, basic | −$0.23 | −$0.15 | −$0.19 | −$0.15 | −$0.09 | $0.01 | −$0.08 | −$0.16 | −$0.06 | $0.03 | −$0.05 | −$0.10 |
| EPS, diluted | −$0.23 | −$0.15 | −$0.19 | −$0.15 | −$0.09 | $0.01 | −$0.08 | −$0.16 | −$0.06 | $0.03 | −$0.05 | −$0.10 |
| Weighted average shares, basic | 1,626 | 1,639 | 1,647 | 1,645 | 1,663 | 1,717 | 1,696 | 1,675 | 1,697 | 1,710 | 1,688 | 1,675 |
| Weighted average shares, diluted | 1,626 | 1,639 | 1,647 | 1,645 | 1,663 | 1,717 | 1,696 | 1,675 | 1,697 | 1,720 | 1,688 | 1,675 |
| EBITDA | −316 | −187 | −252 | −200 | −100 | 60 | −70 | −187 | −26 | 114 | −4 | −125 |
| Depreciation & amortization | 41 | 52 | 42 | 38 | 39 | 40 | 38 | 40 | 43 | 40 | 45 | 0 |
| EBIT | −357 | −240 | −293 | −238 | −139 | 20 | −108 | −227 | −69 | 74 | −49 | −125 |
