| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Total revenue | 4,214,986 | 2,708,147 | 1,363,217 | - |
| Infrastructure costs | 1,174,157 | 769,825 | 376,568 | - |
| Content and developer partner costs | 467,567 | 313,336 | 160,904 | - |
| Advertising partner and other costs | 315,805 | 203,560 | 99,151 | - |
| Operating expenses | 1,925,724 | 1,271,731 | 618,169 | - |
| Stock-based compensation and related payroll and other tax expense | 793,365 | 525,479 | 264,556 | - |
| Depreciation and amortization | 120,252 | 77,738 | 37,715 | - |
| Other segment items | -76,186 | -51,365 | -54,259 | - |
| Net loss | -505,698 | -402,157 | -139,587 | -706,957 |
| Depreciation and amortization | 120,252 | 77,738 | 37,715 | 118,493 |
| Stock-based compensation | 759,587 | 499,224 | 247,338 | 783,292 |
| Amortization of debt issuance costs | - | - | - | 6,667 |
| Amortization of debt issuance costs and debt discount (premium) | 7,778 | 7,092 | 7,642 | - |
| Losses (gains) on debt and equity securities, net | -15,774 | -14,592 | -15,800 | -12,166 |
| (gain) loss on extinguishment of debt | 96,734 | 66,939 | 66,939 | - |
| Other | -14,542 | -11,557 | 805 | 3,829 |
| Accounts receivable, net of allowance | -102,032 | -191,128 | -194,216 | -73,350 |
| Prepaid expenses and other current assets | 46,199 | 29,886 | 22,828 | 36,241 |
| Operating lease right-of-use assets | -42,829 | -27,920 | -14,123 | -41,235 |
| Other assets | -7,054 | -6,893 | -9,010 | 3,007 |
| Accounts payable | -21,818 | -59,943 | 34,260 | -112,287 |
| Accrued expenses and other current liabilities | 9,053 | -14,873 | -162,568 | 46,771 |
| Operating lease liabilities | -24,160 | -25,485 | -16,993 | -44,254 |
| Other liabilities | 2,300 | 3,243 | 1,226 | 7,448 |
| Net cash provided by (used in) operating activities | 386,592 | 240,104 | 151,610 | 182,847 |
| Purchases of property and equipment | 154,959 | 101,915 | 37,214 | 146,551 |
| Purchases of strategic investments | 20,000 | 20,000 | - | 2,000 |
| Sales of strategic investments | 11,050 | 0 | - | 1,572 |
| Cash paid for acquisitions, net of cash acquired | 35,499 | 35,499 | - | 0 |
| Purchases of marketable securities | 1,015,317 | 626,665 | 235,799 | 1,945,590 |
| Sales of marketable securities | 539,688 | 437,158 | 12,001 | 354,311 |
| Maturities of marketable securities | 785,317 | 565,114 | 263,766 | 1,170,066 |
| Other | 0 | 0 | 0 | 100 |
| Net cash provided by (used in) investing activities | 110,280 | 218,193 | 2,754 | -568,292 |
| Proceeds from issuance of convertible notes, net of issuance costs | - | - | - | 740,350 |
| Proceeds from issuance of notes, net of issuance costs | 2,014,193 | 1,473,083 | 1,473,083 | - |
| Purchase of capped calls | 0 | 0 | - | 68,850 |
| Proceeds from termination of capped calls | 0 | 0 | - | 62,683 |
| Proceeds from the exercise of stock options | 0 | 0 | 0 | 12,798 |
| Repurchases of class a non-voting common stock | 500,573 | 500,573 | 257,100 | 311,069 |
| Deferred payments for acquisitions | 67,539 | 67,539 | 57,977 | 3,695 |
| Repurchases of convertible notes | -1,994,550 | -1,444,626 | - | - |
| Repayment of convertible notes | 36,240 | 36,240 | 1,444,626 | 859,042 |
| Other | -6,898 | -3,699 | -1,899 | -1,799 |
| Net cash provided by (used in) financing activities | -591,607 | -579,594 | -288,519 | -428,624 |
| Change in cash, cash equivalents, and restricted cash | -94,735 | -121,297 | -134,155 | -814,069 |
| Cash and cash equivalents at beginning of period | 1,050,234 | 1,050,234 | 1,050,234 | 1,782,462 |
| Cash and cash equivalents at end of period | 955,499 | 928,937 | 916,079 | 968,393 |
Snap Inc (SNAP)
Snap Inc (SNAP)