Snap IncSNAP
Market cap
$13B
P/E ratio
| Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | |
| Revenue | - | 1,180 | 1,716 | 2,507 | 4,117 | 4,602 | 4,606 | 5,361 |
| Cost of revenue | 717 | 799 | 896 | 1,183 | 1,750 | 1,815 | 2,114 | 2,474 |
| Research and development | 1,535 | 772 | 884 | 1,102 | 1,565 | 2,110 | 1,911 | 1,692 |
| Sales and marketing | 523 | 401 | 459 | 555 | 793 | 1,119 | 1,122 | 1,064 |
| General and administrative | 1,536 | 477 | 581 | 529 | 711 | 953 | 857 | 919 |
| Total costs and expenses | 4,311 | 2,449 | 2,819 | 3,369 | 4,819 | 5,997 | 6,004 | 6,149 |
| Operating loss | -3,486 | -1,268 | -1,103 | -862 | -702 | -1,395 | -1,398 | -787 |
| Interest income | 21 | 27 | 36 | 18 | 5 | 59 | 168 | 153 |
| Interest expense | - | - | - | - | - | - | - | 22 |
| Other income (expense), net | 5 | -8 | 59 | 15 | 240 | -43 | -42 | -17 |
| Loss before income taxes | -3,463 | -1,253 | -1,033 | -926 | -474 | -1,401 | -1,294 | -672 |
| Income tax benefit (expense) | -18 | 3 | 0 | 19 | 14 | 29 | 28 | 26 |
| Net loss | -3,445 | -1,256 | -1,034 | -945 | -488 | -1,430 | -1,322 | -698 |
| Basic (in usd per share) | -2.95 | -0.97 | -0.75 | -0.65 | -0.31 | -0.89 | -0.82 | -0.42 |
| Diluted (in usd per share) | -2.95 | -0.97 | -0.75 | -0.65 | -0.31 | -0.89 | -0.82 | -0.42 |