
Snap Inc.
SNAPFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
5,361
Cost of Revenue
2,474
Gross Profit
2,887
Gross Margin
53.9%
Operating Income
-787
Operating Margin
-14.7%
Net Income
-698
Net Margin
-13.0%
EPS (Basic)
$-0.42
EPS (Diluted)
$-0.42
EBITDA
-493
EBITDA Margin
-9.2%
2023
12/31/2023
Revenue
4,606
Cost of Revenue
2,114
Gross Profit
2,492
Gross Margin
54.1%
Operating Income
-1,398
Operating Margin
-30.4%
Net Income
-1,322
Net Margin
-28.7%
EPS (Basic)
$-0.82
EPS (Diluted)
$-0.82
EBITDA
-1,104
EBITDA Margin
-24.0%
2022
12/31/2022
Revenue
4,602
Cost of Revenue
1,815
Gross Profit
2,787
Gross Margin
60.6%
Operating Income
-1,395
Operating Margin
-30.3%
Net Income
-1,430
Net Margin
-31.1%
EPS (Basic)
$-0.89
EPS (Diluted)
$-0.89
EBITDA
-1,177
EBITDA Margin
-25.6%
2021
12/31/2021
Revenue
4,117
Cost of Revenue
1,750
Gross Profit
2,367
Gross Margin
57.5%
Operating Income
-702
Operating Margin
-17.1%
Net Income
-488
Net Margin
-11.9%
EPS (Basic)
$-0.31
EPS (Diluted)
$-0.31
EBITDA
-338
EBITDA Margin
-8.2%
2020
12/31/2020
Revenue
2,507
Cost of Revenue
1,183
Gross Profit
1,324
Gross Margin
52.8%
Operating Income
-862
Operating Margin
-34.4%
Net Income
-945
Net Margin
-37.7%
EPS (Basic)
$-0.65
EPS (Diluted)
$-0.65
EBITDA
-742
EBITDA Margin
-29.6%