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Snap Inc income statement

In fiscal 2025, Snap Inc reported revenue of $5.93bn, up 10.6% on the year before, operating income of −$532m (a -9.0% margin) and net income of −$460m, or −$0.27 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue594048251,1801,7162,5074,1174,6024,6065,3615,9316,351
Cost of revenue1824527177998961,1831,7501,8152,1142,4742,6702,710
Gross profit−124−471073828201,3242,3672,7872,4922,8873,2623,641
Research and development821841,5357728841,1021,5652,1101,9111,6921,7941,946
Selling and marketing271245234014595557931,1191,1221,0641,0211,043
General and administrative1491651,536477581529711953857919979976
Operating income−382−520−3,486−1,268−1,103−862−702−1,395−1,398−787−532−324
Interest expense—134259718212222122145
Income before tax−380−522−3,463−1,253−1,033−926−474−1,401−1,294−672−451−312
Income tax−8−7−183019142928269−1
Net income−373−515−3,445−1,256−1,034−945−488−1,430−1,322−698−460−311
Diluted EPS−$0.51−$0.64−$2.95−$0.97−$0.75−$0.65−$0.31−$0.89−$0.82−$0.42−$0.27−$0.18
Diluted shares (average)—808m1,166m1,301m1,375m1,456m1,559m1,608m1,613m1,659m1,695m1,690m
EBITDA−366−491−3,424−1,177−1,016−775−583−1,193−1,230−629−369−146

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Snap Inc's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Snap Inc.