North America DAUs

Europe DAUs

Rest of World DAUs

Daily Active Users

% change DAUs

North America

Europe

Rest of World

Revenue By Geography

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Sales & Marketing

General & Administrative

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Snap

Bitstrips is a media and technology company based in Toronto, Canada. It develops and operates Bitmoji, a mobile application that allows users to create personalized avatars and use them in messaging applications. As of March 2016, Bitstrips has been operating as a subsidiary of Snap Inc. Bitmoji was integrated into Snapchat in July 2016. Bitstrips Inc. was founded in 2007 by Jacob Blackstock, David Kennedy, Shahan Panth, Dorian Baldwin, and Jesse Brown.

Bitstrips

Spectacles are pairs of smartglasses dedicated to recording video for the Snapchat service. They feature a camera lens and are capable of recording short video segments and syncing with a smartphone to upload to the user's online account. They were developed and manufactured by Snap Inc., announced on September 23, 2016, during Snap Inc's rebrand from Snapchat Inc. and released on November 10. They are made for Snap's image messaging and multimedia platform Snapchat and were initially distributed exclusively through Snap's pop-up vending machine, Snapbot. On February 20, 2017, Snap Spectacles became available for purchase online.

Spectacles

Snap, Inc. is a technology company. It engages in the provision of a visual messaging application that was created to help people communicate through short videos and images. The company was founded by Frank Reginald Brown IV, Evan Thomas Spiegel, and Robert C. Murphy in 2010 and is headquartered in Santa Monica, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

Snap reports strong Q4 performance, focuses on AR innovation

Snap's Q4 2022 performance reflects robust user growth, revenue generation, and strategic investments in community and augmented reality.
The company's strengths lie in ad platform enhancements, user engagement, and upcoming Investor Day insights, bolstering its competitive position.
While facing challenges in revenue dynamics and cost management, Snap can leverage opportunities in AR innovation, ad platform optimization, and content monetization.
Navigating these challenges and seizing opportunities will be key for Snap to sustain growth, profitability, and investor confidence in the evolving social media landscape.

Snap reports solid Q1 performance, focuses on user experience

Snap's Q1 2023 performance reflects user growth, revenue increase, and positive cash flow generation. The company's strategic focus on user experience, revenue diversification, and cost management highlights its commitment to long-term growth.
While facing challenges in advertising platform ROI and revenue growth, Snap's strengths in user engagement, innovation, and cost efficiency position it well for future opportunities. The company's investments in AR and community growth are key drivers of its growth strategy.

Snap (SNAP) reports robust Q2 performance, focuses on community growth

Snap's Q2 2023 earnings call highlights strong financial performance, strategic investments in AR and AI, and a focus on community growth. The company emphasizes its unique role in visual communication, successful products like Snapchat+, and efforts to drive revenue growth through content engagement. Challenges include maintaining revenue growth amidst market competition and evolving advertiser needs.

Snap Inc. reports robust Q3 earnings, eyes growth through engagement

Snap Inc.'s Q3 performance reflects positive revenue growth, strong user engagement, and a focus on enhancing advertising platform ROI. While facing challenges in Q4 revenue guidance and leadership transitions, the company is well-positioned to capitalize on opportunities for growth through strategic initiatives and partnerships. Snap's emphasis on user engagement and revenue diversification bodes well for future success.

Snap reports solid Q4 performance, focuses on engagement growth

Snap's Q4 2023 performance showcased strong user engagement and revenue growth, supported by strategic initiatives in AI and content unification.
While facing challenges such as workforce restructuring and competitive pressures, Snap is focused on driving revenue through ad platform improvements and cost-saving measures.
Opportunities lie in leveraging subscription services, enhancing user experiences, and expanding in key regions to sustain growth and drive long-term success.

Snap reports strong Q1 performance, eyes SMB growth opportunities

Snap's Q1 performance showcased revenue growth, user engagement improvements, and a positive brand environment. The company's strategic focus on relationships, Snap Stars, and global expansion bode well for future growth. While facing challenges in user engagement balance and competitive landscape, Snap is leveraging opportunities in SMB advertising growth and ad partnerships.

Snap reports record user growth and revenue, eyes AR innovation

Snap's Q2 2024 performance demonstrated strong user growth, revenue expansion, and improved financial health, driven by direct response advertising and Snapchat+ subscriptions.
While facing challenges in user retention and revenue diversification, Snap's focus on AR experiences, small and medium-sized advertisers, and upcoming innovations position it well for future growth.
Opportunities lie in expanding its customer base, enhancing content engagement, and leveraging technological advancements to drive revenue and user engagement.
Overall, Snap's strategic focus on innovation, user experience, and revenue diversification sets a positive trajectory for sustainable growth and market competitiveness.

Snap reports robust Q3 performance, eyes revenue growth opportunities

Snap's Q3 performance reflects strong user growth, revenue increase, and financial stability, positioning the company for future success.
While facing challenges in user engagement and competition, Snap's strategic focus on innovation and revenue growth presents opportunities for sustained growth.
With a clear roadmap for Q4 revenue targets and a commitment to enhancing user experience and AR capabilities, Snap is poised for continued success in the market.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Snap underwhelmed investors in its latest quarter.

Is Snap Stock a Buy on the Dip?

NEW YORK , July 28, 2023 /PRNewswire/ -- Jakubowitz Law announces that an investigation into potential securities fraud allegations has commenced on behalf of shareholders of Snap Inc. (NYSE: SNAP) To be contacted by a member of our team, fill out the form: https://claimyourloss.com/securities/snap-class-action-loss-submission-form/?id=42683&from=4 Further details on the investigation: On July 25, 2023, the Company reported a weaker than expected Q3 forecast. On this news, SNAP stock price fell sharply from a closing price of $12.51 per share on July 25, 2023 to open at $10.36 on July 26, 2023, declining 19% in premarket trading.

SNAP FRAUD ALERT: Jakubowitz Law is Investigating Snap Inc. in Connection with Potential Violations of Federal Securities Laws

Snap is gaining users, but each user is generating less revenue. The company is investing in AI as it tries to reverse that trend.

Snap Struggles to Become a Real Business

Snap Inc (NYSE:SNAP) is plummeting today, despite reporting better-than-expected second-quarter results, after it also announced a lackluster current-quarter forecast.

Snap Stock Gaps Lower on Gloomy Forecast

Snap stock dropped as much as 20% on Wednesday following bleak earnings. It's the fifth consecutive quarter the Snapchat parent has seen a double-digit decline after earnings.

Snap stock is facing a double-digit sell-off after earnings for the 5th straight quarter. Here's why investors are panicking.

Snap beat headline estimates, but the overall report was disappointing. The company is still struggling to monetize its user base, and share-based compensation is still out of hand.

Why Snap Stock - Was Plunging Today

Boeing

Alphabet

Microsoft

Robert Half Int.

Texas Instruments

U.S. equities were mixed and little changed at midday on Wednesday, July 26, 2023, ahead of the Fed's decision on interest rates.

Markets Mixed and Little Changed at Midday Ahead of Fed Decision

Snap continues to struggle through its transition to a direct response business with its operating expenses increasing on its adtech stack and content feature build-out, analysts at Oppenheimer observed following the company's second-quarter results. Disappointing 2Q earnings and weak third-quarter guidance sent Snap shares tumbling by 19.3% to US$10.10 by noon on Wednesday.

Snap continues to struggle through platform transition, 2Q earnings show

Shares plunged after the company provided weaker-than-expected guidance despite beating on the top and bottom lines.

Snap stock drops 19% on weak forecast

Snap (NYSE: SNAP ) stock is falling on Wednesday after the release of the social media company's Q2 2023 earnings report. SNAP stock is taking a beating today despite its adjusted earnings per share of -2 cents.

Why Is Snap (SNAP) Stock Down 17% Today?

The parent company of Snapchat is showing some encouraging signals, including growth in overseas engagement and on its Spotlight platform as well as an increase in the count of active Snap SNAP, -1.34% advertisers.

Why Snap is ‘running to stay in the same place' while its rivals thrive

SNAP's second-quarter 2023 results reflect steady user growth and an increase in Snapchat+ users amid a fall in average revenue per user.

SNAP's Q2 Earnings Surpass Estimates, Revenues Decline Y/Y

Snap Inc (NYSE:SNAP)'s second quarter was a bad one in nearly every metric. Year on year, the social media app's top-line revenues fell 4% to US$1.07bn, operating losses extended one percent to US$404mln, and underlying earnings flipped from US$7mln in the green to a bruising US$38.5mln in losses.

Snapchat takes a beating following dour third-quarter forecast

The headline numbers for Snap (SNAP) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Snap (SNAP) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Snap (SNAP) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to loss of $0.02 per share a year ago.

Snap (SNAP) Reports Q2 Loss, Tops Revenue Estimates

Visa

While Alphabet is trading +6% on its earnings news, Snap is down big: -18% as of this hour.

Cavalcade of Earnings: MSFT, GOOGL, SNAP & More

Snap Inc. (NYSE:SNAP ) Q2 2023 Earnings Conference Call July 25, 2023 5:00 PM ET Company Participants David Ometer - Head, Investor Relations Evan Spiegel - Chief Executive Officer & Co-Founder Jerry Hunter - Chief Operating Officer Derek Andersen - Chief Financial Officer Conference Call Participants Mark Shmulik - Bernstein Rich Greenfield - Lightshed Partners Tom Champion - Piper Sandler Justin Post - Bank of America Ross Sandler - Barclays Eric Sheridan - Goldman Sachs Operator Good afternoon everyone and welcome to Snap Inc.'s Second Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Snap Inc. (SNAP) Q2 2023 Earnings Call Transcript

Snap just reported its quarterly earnings and it's a bit of a mixed bag. Snapchat's parent company brought in $1.07 billion during Q2 — up from last quarter but a year-over-year dip.

Snap's revenue woes continue but earnings yield a few bright spots

Snap's June quarter results were fine, but the the company's outlook missed badly on higher costs.

Snap Shares Swoon as Forecast Disappoints

Snap Inc (NYSE: SNAP) just reported its financial results for the second quarter that came in slightly ahead of estimates. Shares still tanked nearly 20% in extended hours.

Snap stock tanks 20% on a ‘disaster' second quarter

Snap's daily active users jumped 14% year-on-year for the second quarter, the platform said today, to 397 million even as revenue dipped in a tough ad market and with little visibility ahead.

Snap Daily Active Users Jump 14% To 397 Million In Q2; Losses Narrow, But Weak Forecast Tanks Stock

Shares of Snap Inc. slid in after-hours trade Tuesday after the social-media platform forecast third-quarter sales that were below expectations, amid concerns about weaker digital advertising and the company's efforts to spend more to improve its ad platform.

Snap stock falls 15% after hours as sales forecast comes up short

The owner of Snapchat reports progress in the overhaul of its ads platform but offers a cloudy outlook for the current quarter.

Snap Revenue Falls Amid Efforts to Retool Advertising Business

Photo messaging app-owner Snap Inc on Tuesday beat Wall Street targets for quarterly revenue and user growth, but gave weaker third quarter guidance than analysts had expected as it works to compete with tech giants for advertising dollars.

Snap beats revenue and user estimates, offers softer Q3 outlook

The parent of Snapchat has grappled with an ad slump and the challenges of being a smaller social media company in an intensely competitive environment.

News for Snap Stock (SNAP)