Snap IncSNAP
What Snap Inc does.
Snap Inc. is a technology company. We believe the camera presents the greatest opportunity to improve the way people live and communicate. We contribute to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together.
Our flagship product, Snapchat, is a visual messaging application that enhances your relationships with friends, family, and the world. Visual messaging is a fast, fun way to communicate with friends and family using augmented reality, video, voice, messaging, and creative tools. Snaps are deleted by default to mimic real-life conversations, so there is less pressure to look popular or perfect when creating and sending images on Snapchat. By reducing the friction typically associated with creating and sharing content, Snapchat has become one of the most used cameras in the world.
The camera is a powerful tool for communication and the entry point for augmented reality experiences. By opening directly to the camera, Snapchat empowers our community to express themselves instantly and offers millions of augmented reality Lenses for self expression, learning, and play. In the way that the flashing cursor became the starting point for most products on desktop computers, we believe the camera screen will be the starting point for most products on smartphones. This is because images created by smartphone cameras contain more context and richer information than other forms of input like text entered on a keyboard. Given the magnitude of this opportunity, we are investing and innovating to continue to deliver products and services that are differentiated and that are better able to reflect and improve our life experiences.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $2.5B | $4.1B | $4.6B | $4.6B | $5.4B | $5.9B |
| Net income | -$944.8M | -$488.0M | -$1.4B | -$1.3B | -$697.9M | -$460.5M |
| Free cash flow | -$225.5M | $223.0M | $55.3M | $34.8M | $218.7M | $437.2M |
More on SNAP.
- Snap Inc summary
- Snap Inc financial statements
- Snap Inc key metrics
- Snap Inc health scores and style box
- Snap Inc earnings
- Snap Inc dividends
- Snap Inc valuation
- Snap Inc ownership and insiders
- Snap Inc peers
Figures from Snap Inc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.