Snap Inc balance sheet
At the end of fiscal 2025, Snap Inc had total assets of $7.68bn, total liabilities of $5.40bn and shareholders' equity of $2.28bn. It held $1.03bn in cash against $3.58bn of debt: net debt of $2.55bn.
Balance sheet
| Fiscal year | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 641 | 150 | 334 | 387 | 520 | 546 | 1,994 | 1,423 | 1,780 | 1,047 | 1,030 | 959 |
| Receivables | — | 163 | 279 | 355 | 492 | 744 | 1,069 | 1,183 | 1,278 | 1,348 | 1,372 | 1,237 |
| Total current assets | — | 1,180 | 2,367 | 1,676 | 2,644 | 3,338 | 4,854 | 5,257 | 4,976 | 4,907 | 4,585 | 4,207 |
| Goodwill | 134 | 319 | 640 | 632 | 761 | 939 | 1,588 | 1,646 | 1,692 | 1,690 | 1,721 | 1,780 |
| Total assets | — | 1,723 | 3,422 | 2,714 | 4,012 | 5,024 | 7,536 | 8,030 | 7,968 | 7,936 | 7,678 | 7,470 |
| Accounts payable | — | 8 | 71 | 31 | 47 | 72 | 125 | 182 | 279 | 173 | 220 | 177 |
| Deferred revenue (current) | — | — | — | — | — | 28 | 44 | 51 | 94 | 113 | 145 | 207 |
| Total current liabilities | — | 157 | 346 | 293 | 500 | 667 | 852 | 1,216 | 1,134 | 1,244 | 1,287 | 1,433 |
| Short-term debt | — | — | — | — | — | — | — | — | — | 36 | 47 | 153 |
| Long-term debt | — | — | — | — | — | — | 2,253 | 3,743 | 3,749 | 3,608 | 3,490 | 3,381 |
| Total debt | 0 | 0 | 0 | 0 | 892 | 1,675 | 2,253 | 3,743 | 3,749 | 3,680 | 3,584 | 3,688 |
| Total liabilities | — | 204 | 429 | 403 | 1,752 | 2,694 | 3,746 | 5,449 | 5,554 | 5,486 | 5,396 | 5,543 |
| Shareholders' equity | 764 | 1,519 | 2,992 | 2,311 | 2,260 | 2,330 | 3,790 | 2,581 | 2,414 | 2,451 | 2,281 | 1,927 |
| Net debt (negative = net cash) | −641 | −150 | −334 | −387 | 371 | 1,130 | 259 | 2,319 | 1,969 | 2,634 | 2,553 | 2,729 |
| Shares outstanding | — | — | — | — | — | 1,503m | 1,619m | 1,625m | 1,695m | 1,738m | 1,756m | 1,726m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | 1,196 | 1,348 | 1,158 | 1,165 | 1,248 | 1,372 | 1,187 | 1,237 |
| Total current assets | 4,589 | 4,907 | 4,577 | 4,284 | 4,476 | 4,585 | 4,280 | 4,207 |
| Goodwill | 1,694 | 1,690 | 1,692 | 1,721 | 1,721 | 1,721 | 1,754 | 1,780 |
| Total assets | 7,591 | 7,936 | 7,589 | 7,399 | 7,578 | 7,678 | 7,502 | 7,470 |
| Accounts payable | 157 | 173 | 209 | 117 | 154 | 220 | 238 | 177 |
| Deferred revenue (current) | 123 | 113 | 132 | 140 | 153 | 145 | 169 | 207 |
| Total current liabilities | 1,136 | 1,244 | 1,064 | 1,103 | 1,221 | 1,287 | 1,214 | 1,433 |
| Short-term debt | — | 36 | 36 | 0 | 47 | 47 | 47 | 153 |
| Long-term debt | 3,641 | 3,608 | 3,577 | 3,576 | 3,491 | 3,490 | 3,489 | 3,381 |
| Total debt | 3,641 | 3,644 | 3,613 | 3,576 | 3,538 | 3,537 | 3,536 | 3,535 |
| Total liabilities | 5,381 | 5,486 | 5,278 | 5,330 | 5,351 | 5,396 | 5,417 | 5,543 |
| Shareholders' equity | 2,210 | 2,451 | 2,311 | 2,069 | 2,227 | 2,281 | 2,084 | 1,927 |
| Shares outstanding | 1,720m | 1,738m | 1,733m | 1,728m | 1,756m | 1,756m | 1,742m | 1,726m |
Compare with peers
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