The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Total revenue | 5,931,447 | 5,361,398 | - | - |
| Infrastructure costs | 1,584,147 | 1,441,134 | - | - |
| Content and developer partner costs | 621,442 | 634,977 | - | - |
| Advertising partner and other costs | 450,508 | 384,804 | - | - |
| Operating expenses | 2,585,871 | 2,391,878 | - | - |
| Stock-based compensation and related payroll and other tax expense | 1,058,013 | 1,069,389 | - | - |
| Depreciation and amortization | 163,633 | 154,459 | - | - |
| Other segment items | -71,678 | -17,387 | - | - |
| Net loss | -460,489 | -697,856 | -1,322,485 | -1,429,653 |
| Depreciation and amortization | 163,633 | 158,074 | 168,441 | 202,173 |
| Stock-based compensation | 1,016,825 | 1,041,023 | 1,324,004 | 1,387,787 |
| Amortization of debt issuance costs | - | 9,388 | 7,361 | - |
| Amortization of debt issuance costs and debt discount (premium) | 6,880 | - | - | 6,865 |
| Losses (gains) on debt and equity securities, net | -16,940 | -8,460 | -33,027 | -36,838 |
| Induced conversion expense related to convertible notes | - | - | 0 | 0 |
| (gain) loss on extinguishment of debt | 96,734 | - | - | - |
| Other | -26,119 | 14,153 | 26,958 | -15,596 |
| Accounts receivable, net of allowance | 31,827 | 94,005 | 98,127 | 119,780 |
| Prepaid expenses and other current assets | 66,744 | 36,544 | 9,920 | 40,917 |
| Operating lease right-of-use assets | -57,214 | -54,127 | -70,674 | -71,441 |
| Other assets | -7,705 | 9,952 | -2,238 | 504 |
| Accounts payable | 45,918 | -100,728 | 94,988 | 46,492 |
| Accrued expenses and other current liabilities | 12,814 | 150,391 | 62,130 | 71,706 |
| Operating lease liabilities | -34,429 | -62,663 | -68,007 | -68,886 |
| Other liabilities | -7,655 | 7,918 | 9,155 | 5,456 |
| Net cash provided by (used in) operating activities | 656,170 | 413,480 | 246,521 | 184,614 |
| Purchases of property and equipment | 218,981 | 194,826 | 211,727 | 129,306 |
| Purchases of strategic investments | 22,500 | 2,000 | 7,770 | 26,346 |
| Sales of strategic investments | 11,050 | 1,755 | 7,559 | 63,276 |
| Cash paid for acquisitions, net of cash acquired | 35,499 | 0 | 50,254 | 67,067 |
| Purchases of marketable securities | 1,275,796 | 2,287,668 | 2,048,273 | 3,485,638 |
| Sales of marketable securities | 741,266 | 354,311 | 459,481 | 75,716 |
| Maturities of marketable securities | 977,159 | 1,411,444 | 2,424,717 | 2,525,215 |
| Other | 3,581 | 100 | 2,779 | 18,125 |
| Net cash provided by (used in) investing activities | 173,118 | -717,084 | 570,954 | -1,062,275 |
| Proceeds from issuance of notes, net of issuance costs | 2,014,193 | 740,350 | - | - |
| Proceeds from issuance of convertible notes, net of issuance costs | - | - | 0 | 1,483,500 |
| Purchase of capped calls | 0 | 68,850 | 0 | 177,000 |
| Proceeds from termination of capped calls | 0 | 62,683 | - | - |
| Proceeds from the exercise of stock options | 374 | 12,798 | 1,038 | 4,272 |
| Payments of debt issuance costs | - | 0 | 0 | 3,006 |
| Repurchases of class a non-voting common stock | 750,866 | 311,069 | 189,394 | 1,001,052 |
| Deferred payments for acquisitions | 72,539 | 3,695 | 270,433 | - |
| Repurchases of convertible notes | 1,994,550 | - | - | - |
| Repayment of convertible notes | 36,240 | 859,042 | - | - |
| Other | -8,497 | -1,799 | - | - |
| Net cash provided by (used in) financing activities | -848,125 | -428,624 | -458,789 | 306,714 |
| Change in cash, cash equivalents, and restricted cash | -18,837 | -732,228 | 358,686 | -570,947 |
| Cash and cash equivalents at beginning of period | 1,050,234 | 1,782,462 | 1,423,776 | 1,994,723 |
| Cash and cash equivalents at end of period | 1,031,397 | 1,050,234 | 1,782,462 | 1,423,776 |
Snap Inc (SNAP)
Snap Inc (SNAP)