Snap (SNAP) Financials

$8.42 +0.19 (+2.31%)

Closing price 05/27/2025 03:59 PM Eastern

Extended Trading

$8.40 -0.02 (-0.25%)

As of 04:24 AM Eastern

Annual Income Statements for Snap

This table shows Snap's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	-698	-1,322	-1,430	-488	-945	-1,034	-1,256	-3,445	-515	-373
Consolidated Net Income / (Loss)	-698	-1,322	-1,430	-488	-945	-1,034	-1,256	-3,445	-515	-373
Net Income / (Loss) Continuing Operations	-698	-1,322	-1,430	-488	-945	-1,034	-1,256	-3,445	-515	-373
Total Pre-Tax Income	-672	-1,294	-1,401	-474	-926	-1,033	-1,253	-3,463	-522	-380
Total Operating Income	-787	-1,398	-1,395	-702	-862	-1,103	-1,268	-3,486	-520	-382
Total Gross Profit	2,887	2,492	2,787	2,367	1,324	820	382	107	-47	-124
Total Revenue	5,361	4,606	4,602	4,117	2,507	1,716	1,180	825	404	59
Operating Revenue	5,361	4,606	4,602	4,117	2,507	1,716	1,180	825	404	59
Total Cost of Revenue	2,474	2,114	1,815	1,750	1,183	896	799	717	452	182
Operating Cost of Revenue	2,474	2,114	1,815	1,750	1,183	896	799	717	452	182
Total Operating Expenses	3,674	3,890	4,182	3,069	2,186	1,923	1,650	3,593	473	258
Selling, General & Admin Expense	919	857	953	711	529	581	477	1,536	165	149
Marketing Expense	1,064	1,122	1,119	793	555	459	401	523	124	27
Research & Development Expense	1,692	1,911	2,110	1,565	1,102	884	772	1,535	184	82
Total Other Income / (Expense), net	115	104	-5.39	228	-64	70	15	22	-1.34	1.25
Interest Expense	22	22	21	18	97	25	3.89	3.46	1.42	-
Interest & Investment Income	153	168	59	5.20	18	36	27	21	4.65	1.40
Other Income / (Expense), net	-17	-42	-43	240	15	59	-8.25	4.53	-4.57	-0.15
Income Tax Expense	26	28	29	14	19	0.39	2.55	-18	-7.08	-7.59
Basic Earnings per Share	($0.42)	($0.82)	($0.89)	($0.31)	($0.65)	($0.75)	($0.97)	($2.95)	($0.64)	($0.51)
Weighted Average Basic Shares Outstanding	1.66B	1.61B	1.61B	1.56B	1.46B	1.38B	1.30B	1.17B	807.87M	-
Diluted Earnings per Share	($0.42)	($0.82)	($0.89)	($0.31)	($0.65)	($0.75)	($0.97)	($2.95)	($0.64)	($0.51)
Weighted Average Diluted Shares Outstanding	1.66B	1.61B	1.61B	1.56B	1.46B	1.38B	1.30B	1.17B	807.87M	-
Weighted Average Basic & Diluted Shares Outstanding	1.70B	1.65B	1.58B	1.62B	1.51B	1.42B	1.29B	1.17B	804.10M	-

This table shows Snap's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	-140	9.10	-153	-249	-305	-248	-368	-377	-329	-288	-360
Consolidated Net Income / (Loss)	-140	9.10	-153	-249	-305	-248	-368	-377	-329	-288	-360
Net Income / (Loss) Continuing Operations	-140	9.10	-153	-249	-305	-248	-368	-377	-329	-288	-360
Total Pre-Tax Income	-131	14	-145	-243	-298	-245	-362	-365	-322	-284	-350
Total Operating Income	-194	-27	-173	-254	-333	-249	-380	-404	-365	-288	-435
Total Gross Profit	724	886	734	648	620	740	633	571	549	818	662
Total Revenue	1,363	1,557	1,373	1,237	1,195	1,361	1,189	1,068	989	1,300	1,128
Operating Revenue	1,363	1,557	1,373	1,237	1,195	1,361	1,189	1,068	989	1,300	1,128
Total Cost of Revenue	640	672	639	589	575	622	556	497	440	481	467
Operating Cost of Revenue	640	672	639	589	575	622	556	497	440	481	467
Total Operating Expenses	917	913	907	902	953	988	1,013	975	914	1,106	1,097
Selling, General & Admin Expense	235	241	221	229	227	229	221	217	190	226	262
Marketing Expense	258	248	273	266	276	276	297	281	268	295	270
Research & Development Expense	424	423	413	406	450	484	495	478	455	585	564
Total Other Income / (Expense), net	63	41	28	11	35	3.74	18	39	43	3.34	85
Interest Expense	23	5.81	5.88	5.11	4.74	5.28	5.52	5.34	5.89	5.31	5.43
Interest & Investment Income	37	39	39	36	40	43	44	43	38	29	18
Other Income / (Expense), net	49	8.38	-4.36	-21	-0.08	-34	-21	1.32	11	-20	72
Income Tax Expense	8.43	5.16	8.33	5.20	6.93	3.28	5.85	12	6.85	4.21	9.24
Basic Earnings per Share	($0.08)	$0.01	($0.09)	($0.15)	($0.19)	($0.14)	($0.23)	($0.24)	($0.21)	($0.19)	($0.22)
Weighted Average Basic Shares Outstanding	1.70B	1.66B	1.66B	1.64B	1.65B	1.61B	1.63B	1.60B	1.58B	1.61B	1.61B
Diluted Earnings per Share	($0.08)	$0.01	($0.09)	($0.15)	($0.19)	($0.14)	($0.23)	($0.24)	($0.21)	($0.19)	($0.22)
Weighted Average Diluted Shares Outstanding	1.70B	1.66B	1.66B	1.64B	1.65B	1.61B	1.63B	1.60B	1.58B	1.61B	1.61B
Weighted Average Basic & Diluted Shares Outstanding	1.67B	1.70B	1.68B	1.66B	1.64B	1.65B	1.65B	1.62B	1.60B	1.58B	1.61B

This table details how cash moves in and out of Snap's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	-732	359	-571	1,448	25	132	52	174	-484	243
Net Cash From Operating Activities	413	247	185	293	-168	-305	-690	-735	-611	-307
Net Cash From Continuing Operating Activities	413	247	185	293	-168	-305	-690	-735	-611	-307
Net Income / (Loss) Continuing Operations	-698	-1,322	-1,430	-488	-945	-1,034	-1,256	-3,445	-515	-373
Consolidated Net Income / (Loss)	-698	-1,322	-1,430	-488	-945	-1,034	-1,256	-3,445	-515	-373
Depreciation Expense	158	168	202	119	87	87	92	61	29	15
Amortization Expense	9.39	7.36	6.87	4.31	81	18	0.00	0.00	-	-
Non-Cash Adjustments To Reconcile Net Income	1,089	1,401	1,512	901	802	675	570	2,656	33	74
Changes in Operating Assets and Liabilities, net	-146	-7.54	-106	-243	-193	-52	-96	-6.43	-158	-23
Net Cash From Investing Activities	-717	571	-1,062	90	-730	-729	694	-1,357	-1,014	-101
Net Cash From Continuing Investing Activities	-717	571	-1,062	90	-730	-729	694	-1,357	-1,014	-101
Purchase of Property, Plant & Equipment	-195	-212	-129	-70	-58	-36	-120	-85	-66	-19
Acquisitions	0.00	-50	-67	-311	-169	-77	-0.82	-386	-105	-58
Purchase of Investments	-2,290	-2,056	-3,512	-2,480	-3,636	-2,477	-1,654	-3,863	-1,565	-
Sale and/or Maturity of Investments	1,768	2,892	2,664	2,953	3,127	1,793	2,483	2,994	729	-
Other Investing Activities, net	-0.10	-2.78	-18	-1.90	5.51	-4.45	-14	-18	-6.51	-24
Net Cash From Financing Activities	-429	-459	307	1,065	923	1,166	47	2,265	1,142	650
Net Cash From Continuing Financing Activities	-429	-459	307	1,065	923	1,166	47	2,265	1,142	650
Repayment of Debt	-861	0.00	-3.01	0.00	0.00	-	-	-	-5.00	-
Repurchase of Common Equity	-311	-189	-1,001	0.00	0.00	-	-	-9.67	-16	-
Issuance of Debt	740	0.00	1,484	1,137	989	1,251	0.00	0.00	5.00	-
Other Financing Activities, net	2.94	-269	-173	-72	-66	-86	47	-383	0.73	0.06
Cash Interest Paid	10	10	8.87	11	12	1.55	0.00	-	-	-
Cash Income Taxes Paid	25	31	12	25	3.69	0.16	3.60	6.23	1.69	0.00

This table details how cash moves in and out of Snap's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-134	82	-97	1.15	-719	583	-29	-350	155	-496	-379
Net Cash From Operating Activities	152	231	116	-21	88	165	13	-82	151	125	56
Net Cash From Continuing Operating Activities	152	231	116	-21	88	165	13	-82	151	125	56
Net Income / (Loss) Continuing Operations	-140	9.10	-153	-249	-305	-248	-368	-377	-329	-288	-360
Consolidated Net Income / (Loss)	-140	9.10	-153	-249	-305	-248	-368	-377	-329	-288	-360
Depreciation Expense	38	40	39	38	42	52	41	40	35	48	36
Amortization Expense	7.64	2.72	2.72	2.21	1.74	1.84	1.84	1.84	1.84	1.84	1.84
Non-Cash Adjustments To Reconcile Net Income	210	257	276	287	270	382	393	315	311	489	297
Changes in Operating Assets and Liabilities, net	36	-77	-48	-100	80	-23	-55	-61	131	-126	80
Net Cash From Investing Activities	2.75	-149	-223	-214	-131	623	-32	-26	5.84	-121	65
Net Cash From Continuing Investing Activities	2.75	-149	-223	-214	-131	623	-32	-26	5.84	-121	65
Purchase of Property, Plant & Equipment	-37	-48	-44	-52	-50	-54	-73	-37	-48	-47	-38
Purchase of Investments	-236	-342	-705	-777	-466	-5.96	-537	-635	-879	-767	-828
Sale and/or Maturity of Investments	276	242	526	615	385	685	579	698	930	729	963
Other Investing Activities, net	0.00	-	-	-0.11	0.01	-2.35	-0.31	-2.45	2.33	0.02	-13
Net Cash From Financing Activities	-289	-	10	237	-676	-205	-10	-242	-2.00	-500	-500
Net Cash From Continuing Financing Activities	-289	-	10	237	-676	-205	-10	-242	-2.00	-500	-500
Repayment of Debt	-1,447	-	-	-420	-441	-	-	-	0.00	-	-
Repurchase of Common Equity	-257	-	-	-76	-235	-189	-	-	0.00	-501	-
Issuance of Debt	1,473	-	-	-	-	-	-	-	-	-	-
Other Financing Activities, net	-58	-	10	-7.44	0.07	-15	-10	-242	-2.00	0.40	0.22

This table presents Snap's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016
Total Assets	7,936	7,968	8,030	7,536	5,024	4,012	2,714	3,422	1,723
Total Current Assets	4,907	4,976	5,257	4,854	3,338	2,644	1,676	2,367	1,180
Cash & Equivalents	1,047	1,780	1,423	1,994	546	520	387	334	150
Short-Term Investments	2,330	1,764	2,516	1,699	1,992	1,592	892	1,709	837
Accounts Receivable	1,348	1,278	1,183	1,069	744	492	355	279	163
Prepaid Expenses	182	154	134	92	56	39	42	44	30
Plant, Property, & Equipment, net	489	410	272	203	179	174	213	167	101
Total Noncurrent Assets	2,541	2,582	2,501	2,480	1,508	1,194	826	888	442
Goodwill	1,690	1,692	1,646	1,588	939	761	632	640	319
Intangible Assets	86	146	204	278	106	92	126	166	76
Other Noncurrent Operating Assets	764	743	651	614	462	341	67	82	47
Total Liabilities & Shareholders' Equity	7,936	7,968	8,030	7,536	5,024	4,012	2,714	3,422	1,723
Total Liabilities	5,486	5,554	5,449	3,746	2,694	1,752	403	429	204
Total Current Liabilities	1,244	1,134	1,216	852	667	500	293	346	157
Short-Term Debt	36	0.00	-	-	-	-	-	-	-
Accounts Payable	173	279	182	125	72	47	31	71	8.42
Accrued Expenses	1,009	806	987	674	554	411	262	275	148
Other Current Liabilities	25	49	46	52	41	42	-	-	-
Total Noncurrent Liabilities	4,242	4,420	4,233	2,894	2,027	1,252	110	83	47
Long-Term Debt	3,608	3,749	3,743	2,253	1,675	892	-	-	-
Other Noncurrent Operating Liabilities	634	670	491	641	352	361	110	83	47
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,451	2,414	2,581	3,790	2,330	2,260	2,311	2,992	1,519
Total Preferred & Common Equity	2,451	2,414	2,581	3,790	2,330	2,260	2,311	2,992	1,519
Total Common Equity	2,451	2,414	2,581	3,790	2,330	2,260	2,311	2,992	1,519
Common Stock	15,644	14,613	13,310	12,069	10,200	9,205	8,220	7,635	2,729
Retained Earnings	-12,735	-11,727	-10,215	-8,284	-7,892	-6,946	-5,913	-4,657	-1,208
Treasury Stock	-461	-	-501	-	-	-	-	-	-
Accumulated Other Comprehensive Income / (Loss)	2.69	7.13	-14	5.52	21	0.57	3.15	14	-2.06

This table presents Snap's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	7,589	7,591	7,420	7,167	7,723	7,666	7,888	8,285
Total Current Assets	4,577	4,589	4,421	4,187	4,874	4,840	5,143	5,538
Cash & Equivalents	911	965	1,061	1,060	1,199	1,229	1,579	1,919
Short-Term Investments	2,296	2,227	2,021	1,851	2,414	2,461	2,525	2,510
Accounts Receivable	1,158	1,196	1,142	1,108	1,117	996	893	993
Prepaid Expenses	213	201	198	167	144	154	147	116
Plant, Property, & Equipment, net	501	466	444	426	377	330	303	241
Total Noncurrent Assets	2,511	2,536	2,554	2,554	2,471	2,497	2,442	2,507
Goodwill	1,692	1,694	1,691	1,692	1,692	1,692	1,649	1,633
Intangible Assets	75	99	113	128	184	203	187	229
Other Noncurrent Operating Assets	744	743	750	735	596	602	607	645
Total Liabilities & Shareholders' Equity	7,589	7,591	7,420	7,167	7,723	7,666	7,888	8,285
Total Liabilities	5,278	5,381	5,353	5,036	5,230	5,161	5,310	5,385
Total Current Liabilities	1,064	1,136	1,112	1,112	1,010	938	1,091	1,140
Short-Term Debt	36	36	36	37	-	-	-	-
Accounts Payable	209	157	180	246	129	164	142	189
Accrued Expenses	796	921	875	830	819	716	899	893
Other Current Liabilities	23	21	21	-	62	58	51	58
Total Noncurrent Liabilities	4,213	4,245	4,241	3,924	4,220	4,224	4,218	4,245
Long-Term Debt	3,577	3,605	3,603	3,301	3,748	3,746	3,744	3,741
Other Noncurrent Operating Liabilities	637	640	639	68	473	478	474	120
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,311	2,210	2,067	2,131	2,493	2,505	2,578	2,900
Total Preferred & Common Equity	2,311	2,210	2,067	2,131	2,493	2,505	2,578	2,900
Total Common Equity	2,311	2,210	2,067	2,131	2,493	2,505	2,578	2,900
Common Stock	15,879	15,391	15,126	14,873	14,288	13,934	13,620	12,860
Retained Earnings	-13,132	-12,745	-12,591	-12,267	-11,289	-10,921	-10,543	-9,426
Treasury Stock	-449	-466	-	-476	-488	-493	-497	-
Accumulated Other Comprehensive Income / (Loss)	13	29	2.77	0.75	-18	-16	-1.66	-33

This table displays calculated financial ratios and metrics derived from Snap's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	16.40%	0.09%	11.78%	64.25%	46.11%	45.33%	43.09%	103.95%	589.50%	0.00%
EBITDA Growth	49.67%	-2.95%	-263.07%	50.15%	27.72%	20.74%	65.35%	-589.69%	-35.26%	0.00%
EBIT Growth	44.19%	-0.21%	-211.29%	45.47%	18.89%	18.20%	63.32%	-563.12%	-37.47%	0.00%
NOPAT Growth	43.70%	-0.22%	-98.74%	18.56%	21.87%	13.02%	63.61%	-569.81%	-36.32%	0.00%
Net Income Growth	47.23%	7.50%	-192.99%	48.36%	8.59%	17.70%	63.54%	-569.41%	-38.01%	0.00%
EPS Growth	48.78%	7.87%	-187.10%	52.31%	13.33%	22.68%	67.12%	-360.94%	-25.49%	0.00%
Operating Cash Flow Growth	67.73%	33.53%	-36.97%	274.70%	45.03%	55.80%	6.09%	-20.19%	-99.35%	0.00%
Free Cash Flow Firm Growth	46.46%	-20.17%	26.47%	-33.14%	-32.45%	19.71%	66.04%	-219.00%	0.00%	0.00%
Invested Capital Growth	3.78%	9.87%	1.43%	60.15%	41.27%	0.67%	8.71%	78.59%	0.00%	0.00%
Revenue Q/Q Growth	3.79%	1.35%	0.04%	10.36%	16.25%	11.08%	9.67%	17.02%	0.00%	0.00%
EBITDA Q/Q Growth	28.42%	2.19%	-36.91%	21.73%	21.32%	-3.11%	12.15%	-5.53%	0.00%	0.00%
EBIT Q/Q Growth	24.76%	1.67%	-31.66%	18.64%	16.57%	-3.74%	11.14%	-5.69%	0.00%	0.00%
NOPAT Q/Q Growth	21.98%	2.71%	-23.17%	9.31%	15.35%	-5.64%	11.59%	-5.80%	0.00%	0.00%
Net Income Q/Q Growth	26.94%	2.95%	-27.80%	21.75%	11.90%	-4.98%	11.19%	-5.51%	0.00%	0.00%
EPS Q/Q Growth	26.32%	5.75%	-32.84%	24.39%	13.33%	-2.74%	-31.08%	8.95%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	19.01%	18.96%	-24.60%	434.38%	7.86%	16.26%	6.76%	-1.15%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	11.97%	-17.12%	14.31%	15.60%	-15.61%	-10.46%	11.51%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	2.22%	-0.30%	-8.18%	6.33%	30.57%	10.04%	6.42%	8.22%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	53.85%	54.10%	60.55%	57.49%	52.82%	47.78%	32.33%	13.03%	-11.66%	-210.83%
EBITDA Margin	-11.88%	-27.46%	-26.70%	-8.22%	-27.09%	-54.75%	-100.39%	-414.54%	-122.59%	-624.88%
Operating Margin	-14.68%	-30.36%	-30.32%	-17.05%	-34.39%	-64.31%	-107.46%	-422.52%	-128.65%	-650.72%
EBIT Margin	-15.00%	-31.28%	-31.24%	-11.22%	-33.79%	-60.87%	-108.15%	-421.97%	-129.78%	-650.97%
Profit (Net Income) Margin	-13.02%	-28.71%	-31.07%	-11.85%	-37.69%	-60.25%	-106.39%	-417.61%	-127.24%	-635.65%
Tax Burden Percent	103.81%	102.17%	102.07%	102.86%	102.01%	100.04%	100.20%	99.47%	98.64%	98.01%
Interest Burden Percent	83.60%	89.84%	97.42%	102.70%	109.34%	98.94%	98.17%	99.49%	99.38%	99.63%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-20.65%	-39.13%	-41.26%	-25.74%	-48.15%	-74.59%	-89.63%	-329.53%	-137.06%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	-82.70%	-7,923.93%	14.10%	-26.05%	-15.38%	-53.69%	-67.48%	-263.19%	-106.60%	0.00%
Return on Net Nonoperating Assets (RNNOA)	-8.04%	-13.83%	-3.62%	9.80%	6.98%	29.36%	42.27%	176.80%	69.30%	0.00%
Return on Equity (ROE)	-28.69%	-52.95%	-44.88%	-15.95%	-41.17%	-45.23%	-47.36%	-152.73%	-67.76%	0.00%
Cash Return on Invested Capital (CROIC)	-24.36%	-48.53%	-42.68%	-71.99%	-82.36%	-75.26%	-97.98%	-385.95%	-337.06%	0.00%
Operating Return on Assets (OROA)	-10.11%	-18.01%	-18.47%	-7.35%	-18.75%	-31.05%	-41.62%	-135.33%	-30.47%	0.00%
Return on Assets (ROA)	-8.78%	-16.53%	-18.37%	-7.77%	-20.91%	-30.74%	-40.94%	-133.94%	-29.87%	0.00%
Return on Common Equity (ROCE)	-28.69%	-52.95%	-44.88%	-15.95%	-41.17%	-45.23%	-47.36%	-152.73%	-67.76%	0.00%
Return on Equity Simple (ROE_SIMPLE)	-28.48%	-54.78%	-55.40%	-12.87%	-40.55%	-45.74%	-54.34%	-115.13%	-33.88%	0.00%
Net Operating Profit after Tax (NOPAT)	-551	-979	-977	-491	-603	-772	-888	-2,440	-364	-267
NOPAT Margin	-10.28%	-21.25%	-21.22%	-11.94%	-24.07%	-45.02%	-75.22%	-295.76%	-90.06%	-455.50%
Net Nonoperating Expense Percent (NNEP)	62.05%	7,884.80%	-55.36%	0.30%	-32.77%	-20.91%	-22.15%	-66.34%	-30.46%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	-9.04%	-15.88%	-15.45%	-	-	-	-	-	-	-
Cost of Revenue to Revenue	46.15%	45.90%	39.45%	42.51%	47.18%	52.22%	67.67%	86.97%	111.66%	310.83%
SG&A Expenses to Revenue	17.14%	18.61%	20.71%	17.26%	21.11%	33.86%	40.41%	186.14%	40.83%	253.31%
R&D to Revenue	31.55%	41.49%	45.85%	38.02%	43.95%	51.50%	65.41%	186.06%	45.41%	140.18%
Operating Expenses to Revenue	68.54%	84.46%	90.87%	74.54%	87.22%	112.09%	139.78%	435.55%	116.99%	439.89%
Earnings before Interest and Taxes (EBIT)	-804	-1,441	-1,438	-462	-847	-1,044	-1,277	-3,481	-525	-382
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-637	-1,265	-1,229	-338	-679	-939	-1,185	-3,420	-496	-367
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	7.37	11.55	5.59	19.98	32.02	10.12	3.09	5.88	0.00	0.00
Price to Tangible Book Value (P/TBV)	26.78	48.39	19.77	39.35	58.07	16.25	4.60	8.05	0.00	0.00
Price to Revenue (P/Rev)	3.37	6.05	3.14	18.39	29.76	13.33	6.04	21.33	0.00	0.00
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	6.74	10.72	5.97	31.60	50.25	20.83	5.67	16.38	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	3.42	6.10	3.09	18.04	29.42	12.61	4.96	18.85	0.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	44.33	113.90	77.14	253.58	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.49	1.55	1.45	0.59	0.72	0.39	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	1.47	1.55	1.45	0.59	0.72	0.39	0.00	0.00	0.00	0.00
Financial Leverage	0.10	0.00	-0.26	-0.38	-0.45	-0.55	-0.63	-0.67	-0.65	0.00
Leverage Ratio	3.27	3.20	2.44	2.05	1.97	1.47	1.16	1.14	1.13	0.00
Compound Leverage Factor	2.73	2.88	2.38	2.11	2.15	1.46	1.14	1.13	1.13	0.00
Debt to Total Capital	59.79%	60.83%	59.19%	37.28%	41.83%	28.30%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.59%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	59.19%	60.83%	59.19%	37.28%	41.83%	28.30%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	40.21%	39.17%	40.81%	62.72%	58.17%	71.70%	100.00%	100.00%	100.00%	0.00%
Debt to EBITDA	-5.72	-2.96	-3.05	-6.66	-2.47	-0.95	0.00	0.00	0.00	0.00
Net Debt to EBITDA	-0.42	-0.16	0.16	4.25	1.27	1.30	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	-5.67	-2.96	-3.05	-6.66	-2.47	-0.95	0.00	0.00	0.00	0.00
Debt to NOPAT	-6.61	-3.83	-3.83	-4.58	-2.78	-1.15	0.00	0.00	0.00	0.00
Net Debt to NOPAT	-0.49	-0.21	0.20	2.93	1.43	1.58	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	-6.55	-3.83	-3.83	-4.58	-2.78	-1.15	0.00	0.00	0.00	0.00
Altman Z-Score	0.62	1.51	0.39	11.57	15.00	5.62	7.06	20.28	0.00	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.95	4.39	4.32	5.70	5.00	5.29	5.73	6.84	7.53	0.00
Quick Ratio	3.80	4.25	4.21	5.59	4.92	5.21	5.58	6.71	7.34	0.00
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-650	-1,214	-1,010	-1,374	-1,032	-779	-971	-2,858	-896	0.00
Operating Cash Flow to CapEx	212.23%	116.43%	142.77%	419.15%	-289.88%	-836.01%	-573.78%	-869.24%	-919.98%	-1,596.57%
Free Cash Flow to Firm to Interest Expense	-30.16	-55.13	-47.09	-77.74	-10.62	-31.18	-249.25	-826.86	-629.08	0.00
Operating Cash Flow to Interest Expense	19.19	11.19	8.60	16.57	-1.72	-12.20	-177.18	-212.58	-429.25	0.00
Operating Cash Flow Less CapEx to Interest Expense	10.15	1.58	2.58	12.62	-2.32	-13.66	-208.06	-237.03	-475.90	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.67	0.58	0.59	0.66	0.55	0.51	0.38	0.32	0.23	0.00
Accounts Receivable Turnover	4.08	3.74	4.09	4.54	4.05	4.05	3.72	3.73	2.49	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	11.92	13.51	19.40	21.59	14.23	8.88	6.22	6.17	4.02	0.00
Accounts Payable Turnover	10.94	9.18	11.82	17.75	19.91	23.04	15.65	18.02	53.65	0.00
Days Sales Outstanding (DSO)	89.41	97.52	89.31	80.37	90.02	90.12	98.09	97.81	146.78	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	33.35	39.77	30.87	20.56	18.33	15.84	23.32	20.25	6.80	0.00
Cash Conversion Cycle (CCC)	56.06	57.75	58.44	59.81	71.69	74.28	74.77	77.56	139.98	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,718	2,619	2,384	2,350	1,468	1,039	1,032	949	532	0.00
Invested Capital Turnover	2.01	1.84	1.94	2.16	2.00	1.66	1.19	1.11	1.52	0.00
Increase / (Decrease) in Invested Capital	99	235	34	883	429	6.95	83	418	532	0.00
Enterprise Value (EV)	18,331	28,079	14,241	74,269	73,741	21,640	5,856	15,551	0.00	0.00
Market Capitalization	18,064	27,873	14,437	75,709	74,603	22,862	7,135	17,594	0.00	0.00
Book Value per Share	$1.46	$1.47	$1.60	$2.35	$1.56	$1.61	$1.78	$2.48	$1.88	$0.00
Tangible Book Value per Share	$0.40	$0.35	$0.45	$1.20	$0.86	$1.00	$1.20	$1.82	$1.39	$0.00
Total Capital	6,095	6,164	6,323	6,043	4,005	3,152	2,311	2,992	1,519	0.00
Total Debt	3,644	3,749	3,743	2,253	1,675	892	0.00	0.00	0.00	0.00
Total Long-Term Debt	3,608	3,749	3,743	2,253	1,675	892	0.00	0.00	0.00	0.00
Net Debt	268	205	-197	-1,440	-862	-1,221	-1,279	-2,043	-987	0.00
Capital Expenditures (CapEx)	195	212	129	70	58	36	120	85	66	19
Debt-free, Cash-free Net Working Capital (DFCFNWC)	323	298	102	309	133	32	104	-23	36	0.00
Debt-free Net Working Capital (DFNWC)	3,699	3,842	4,041	4,002	2,671	2,144	1,383	2,021	1,023	0.00
Net Working Capital (NWC)	3,663	3,842	4,041	4,002	2,671	2,144	1,383	2,021	1,023	0.00
Net Nonoperating Expense (NNE)	147	344	453	-3.49	341	261	368	1,005	150	106
Net Nonoperating Obligations (NNO)	268	205	-197	-1,440	-862	-1,221	-1,279	-2,043	-987	0.00
Total Depreciation and Amortization (D&A)	167	176	209	123	168	105	92	61	29	15
Debt-free, Cash-free Net Working Capital to Revenue	6.03%	6.46%	2.21%	7.51%	5.31%	1.84%	8.83%	-2.73%	8.87%	0.00%
Debt-free Net Working Capital to Revenue	69.00%	83.40%	87.81%	97.21%	106.54%	124.99%	117.18%	244.93%	252.98%	0.00%
Net Working Capital to Revenue	68.33%	83.40%	87.81%	97.21%	106.54%	124.99%	117.18%	244.93%	252.98%	0.00%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.42)	($0.82)	($0.89)	($0.31)	($0.65)	($0.75)	($0.97)	($2.95)	($0.64)	($0.51)
Adjusted Weighted Average Basic Shares Outstanding	1.66B	1.61B	1.61B	1.56B	1.46B	1.38B	1.30B	1.23B	804.10M	0.00
Adjusted Diluted Earnings per Share	($0.42)	($0.82)	($0.89)	($0.31)	($0.65)	($0.75)	($0.97)	($2.95)	($0.64)	($0.51)
Adjusted Weighted Average Diluted Shares Outstanding	1.66B	1.61B	1.61B	1.56B	1.46B	1.38B	1.30B	1.23B	804.10M	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	1.70B	1.65B	1.58B	1.62B	1.51B	1.42B	1.32B	1.23B	804.10M	0.00
Normalized Net Operating Profit after Tax (NOPAT)	-551	-979	-977	-491	-603	-772	-888	-2,440	-364	-267
Normalized NOPAT Margin	-10.28%	-21.25%	-21.22%	-11.94%	-24.07%	-45.02%	-75.22%	-295.76%	-90.06%	-455.50%
Pre Tax Income Margin	-12.54%	-28.10%	-30.44%	-11.52%	-36.95%	-60.23%	-106.18%	-419.83%	-128.99%	-648.59%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-37.31	-65.42	-67.00	-26.13	-8.71	-41.78	-327.86	-1,007.25	-368.65	0.00
NOPAT to Interest Expense	-25.57	-44.45	-45.52	-27.80	-6.21	-30.90	-228.02	-705.99	-255.81	0.00
EBIT Less CapEx to Interest Expense	-46.35	-75.03	-73.03	-30.08	-9.31	-43.24	-358.74	-1,031.70	-415.30	0.00
NOPAT Less CapEx to Interest Expense	-34.61	-54.06	-51.54	-31.76	-6.80	-32.36	-258.90	-730.45	-302.47	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-44.58%	-14.32%	-70.02%	0.00%	0.00%	0.00%	0.00%	-0.28%	-3.11%	0.00%

This table displays calculated financial ratios and metrics derived from Snap's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	14.10%	14.40%	15.48%	15.84%	20.85%	4.74%	5.32%	-3.89%	-6.97%	0.14%	5.71%
EBITDA Growth	65.70%	110.40%	61.98%	35.09%	8.51%	11.01%	-10.00%	-7.34%	-2.35%	-447.95%	-840.46%
EBIT Growth	56.56%	93.47%	55.69%	31.82%	5.82%	7.96%	-10.31%	3.55%	-1.38%	-907.94%	-432.72%
NOPAT Growth	41.83%	90.15%	54.43%	37.19%	8.77%	13.52%	12.68%	-0.85%	-34.52%	-1,164.19%	-140.70%
Net Income Growth	54.25%	103.67%	58.39%	34.11%	7.18%	13.94%	-2.44%	10.60%	8.61%	-1,379.20%	-399.59%
EPS Growth	57.89%	107.14%	60.87%	37.50%	9.52%	26.32%	-4.55%	7.69%	4.55%	-733.33%	-340.00%
Operating Cash Flow Growth	71.60%	40.14%	806.60%	73.91%	-41.53%	31.35%	-77.15%	33.97%	18.55%	-32.47%	-21.81%
Free Cash Flow Firm Growth	123.01%	71.64%	48.31%	-104.01%	-539.74%	-74.20%	57.07%	88.41%	83.91%	73.85%	43.04%
Invested Capital Growth	-12.69%	3.78%	1.22%	2.44%	40.24%	9.87%	1.18%	-6.06%	-3.46%	1.43%	17.47%
Revenue Q/Q Growth	-12.46%	13.46%	10.98%	3.51%	-12.23%	14.53%	11.32%	8.00%	-23.94%	15.18%	1.58%
EBITDA Q/Q Growth	-517.61%	117.51%	42.04%	19.05%	-26.58%	35.98%	1.06%	-14.09%	-23.13%	20.86%	3.45%
EBIT Q/Q Growth	-682.79%	89.58%	35.38%	17.56%	-17.71%	29.34%	0.57%	-13.88%	-15.03%	15.32%	13.06%
NOPAT Q/Q Growth	-691.33%	85.86%	31.80%	23.78%	-33.98%	34.56%	6.00%	-10.70%	-27.01%	33.92%	-8.56%
Net Income Q/Q Growth	-1,633.75%	105.94%	38.36%	18.51%	-22.90%	32.59%	2.40%	-14.80%	-13.94%	19.76%	14.82%
EPS Q/Q Growth	-900.00%	111.11%	40.00%	21.05%	-35.71%	39.13%	4.17%	-14.29%	-10.53%	13.64%	15.38%
Operating Cash Flow Q/Q Growth	-34.26%	99.04%	642.04%	-124.20%	-46.31%	1,187.65%	115.60%	-154.23%	20.60%	123.95%	145.09%
Free Cash Flow Firm Q/Q Growth	323.14%	24.26%	36.20%	78.66%	-175.06%	-38.03%	-151.81%	33.08%	25.10%	65.98%	32.00%
Invested Capital Q/Q Growth	-0.04%	2.22%	1.34%	-15.68%	18.81%	-0.30%	2.56%	15.43%	-6.91%	-8.18%	-4.78%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	53.08%	56.87%	53.45%	52.38%	51.89%	54.34%	53.24%	53.46%	55.49%	62.97%	58.64%
EBITDA Margin	-7.29%	1.53%	-9.91%	-18.97%	-24.26%	-16.82%	-30.09%	-33.86%	-32.05%	-19.80%	-28.81%
Operating Margin	-14.22%	-1.73%	-12.62%	-20.54%	-27.89%	-18.27%	-31.98%	-37.87%	-36.95%	-22.13%	-38.57%
EBIT Margin	-10.62%	-1.19%	-12.94%	-22.22%	-27.90%	-20.80%	-33.72%	-37.75%	-35.80%	-23.67%	-32.19%
Profit (Net Income) Margin	-10.24%	0.58%	-11.16%	-20.10%	-25.54%	-18.24%	-30.98%	-35.34%	-33.25%	-22.19%	-31.86%
Tax Burden Percent	106.43%	63.80%	105.75%	102.14%	102.32%	101.34%	101.61%	103.31%	102.13%	101.48%	102.64%
Interest Burden Percent	90.59%	-77.13%	81.61%	88.59%	89.45%	86.51%	90.44%	90.62%	90.94%	92.40%	96.42%
Effective Tax Rate	0.00%	36.20%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-18.88%	-2.21%	-17.26%	-27.62%	-35.24%	-23.55%	-38.95%	-44.96%	-51.84%	-30.11%	-51.67%
ROIC Less NNEP Spread (ROIC-NNEP)	-19.45%	8.89%	-28.23%	-50.69%	-58.35%	-1,724.97%	81.68%	-16.40%	-42.84%	-19.46%	-44.52%
Return on Net Nonoperating Assets (RNNOA)	-6.07%	0.86%	-3.50%	-6.81%	-7.70%	-3.01%	-2.57%	1.82%	11.32%	5.00%	10.77%
Return on Equity (ROE)	-24.95%	-1.35%	-20.76%	-34.42%	-42.95%	-26.56%	-41.51%	-43.14%	-40.51%	-25.11%	-40.90%
Cash Return on Invested Capital (CROIC)	-2.01%	-24.36%	-27.94%	-35.24%	-69.38%	-48.53%	-39.69%	-33.26%	-42.61%	-42.68%	-49.06%
Operating Return on Assets (OROA)	-7.96%	-0.80%	-8.73%	-14.67%	-17.83%	-11.98%	-19.14%	-20.57%	-19.26%	-14.00%	-19.24%
Return on Assets (ROA)	-7.67%	0.39%	-7.53%	-13.28%	-16.32%	-10.50%	-17.59%	-19.26%	-17.88%	-13.12%	-19.04%
Return on Common Equity (ROCE)	-24.95%	-1.35%	-20.76%	-34.42%	-42.95%	-26.56%	-41.51%	-43.14%	-40.51%	-25.11%	-40.90%
Return on Equity Simple (ROE_SIMPLE)	-23.03%	0.00%	-43.22%	-56.62%	-60.94%	0.00%	-54.66%	-54.05%	-54.25%	0.00%	-38.57%
Net Operating Profit after Tax (NOPAT)	-136	-17	-121	-178	-233	-174	-266	-283	-256	-201	-305
NOPAT Margin	-9.95%	-1.10%	-8.83%	-14.37%	-19.52%	-12.79%	-22.38%	-26.51%	-25.86%	-15.49%	-27.00%
Net Nonoperating Expense Percent (NNEP)	0.56%	-11.10%	10.97%	23.07%	23.11%	1,701.42%	-120.62%	-28.56%	-8.99%	-10.65%	-7.15%
Return On Investment Capital (ROIC_SIMPLE)	-2.29%	-0.28%	-	-	-	-2.82%	-	-	-	-3.18%	-
Cost of Revenue to Revenue	46.92%	43.13%	46.55%	47.62%	48.11%	45.66%	46.76%	46.54%	44.51%	37.03%	41.36%
SG&A Expenses to Revenue	17.27%	15.50%	16.10%	18.54%	19.04%	16.83%	18.60%	20.31%	19.25%	17.38%	23.25%
R&D to Revenue	31.12%	27.16%	30.07%	32.84%	37.64%	35.52%	41.61%	44.74%	46.04%	45.00%	50.00%
Operating Expenses to Revenue	67.30%	58.60%	66.07%	72.92%	79.79%	72.61%	85.22%	91.33%	92.44%	85.10%	97.21%
Earnings before Interest and Taxes (EBIT)	-145	-18	-178	-275	-333	-283	-401	-403	-354	-308	-363
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-99	24	-136	-235	-290	-229	-358	-361	-317	-257	-325
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	6.39	7.37	8.03	13.19	8.87	11.55	5.80	7.57	6.88	5.59	5.58
Price to Tangible Book Value (P/TBV)	27.13	26.78	42.56	103.80	60.55	48.39	23.41	31.08	23.87	19.77	15.60
Price to Revenue (P/Rev)	2.67	3.37	3.44	5.47	3.93	6.05	3.18	4.23	3.92	3.14	3.52
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	5.59	6.74	6.85	10.60	6.39	10.72	5.55	7.43	7.83	5.97	6.12
Enterprise Value to Revenue (EV/Rev)	2.75	3.42	3.52	5.58	4.13	6.10	3.21	4.24	3.84	3.09	3.45
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	31.84	44.33	52.40	113.84	108.19	113.90	70.42	75.96	83.39	77.14	64.89
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.56	1.49	1.65	1.76	1.83	1.55	1.50	1.50	1.45	1.45	1.42
Long-Term Debt to Equity	1.55	1.47	1.63	1.74	1.81	1.55	1.50	1.50	1.45	1.45	1.42
Financial Leverage	0.31	0.10	0.12	0.13	0.13	0.00	-0.03	-0.11	-0.26	-0.26	-0.24
Leverage Ratio	3.32	3.27	3.26	3.30	3.20	3.20	2.97	2.77	2.74	2.44	2.43
Compound Leverage Factor	3.01	-2.52	2.66	2.92	2.86	2.77	2.68	2.51	2.49	2.26	2.34
Debt to Total Capital	60.99%	59.79%	62.23%	63.78%	64.61%	60.83%	60.05%	59.93%	59.22%	59.19%	58.72%
Short-Term Debt to Total Capital	0.61%	0.59%	0.62%	0.63%	0.61%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	60.37%	59.19%	61.61%	63.14%	64.01%	60.83%	60.05%	59.93%	59.22%	59.19%	58.72%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	39.01%	40.21%	37.77%	36.22%	35.39%	39.17%	39.95%	40.07%	40.78%	40.81%	41.28%
Debt to EBITDA	-8.10	-5.72	-4.09	-3.27	-3.14	-2.96	-2.90	-2.97	-3.03	-3.05	-4.60
Net Debt to EBITDA	-0.91	-0.42	-0.51	-0.50	-0.79	-0.16	-0.10	-0.05	0.29	0.16	0.34
Long-Term Debt to EBITDA	-8.02	-5.67	-4.05	-3.24	-3.11	-2.96	-2.90	-2.97	-3.03	-3.05	-4.60
Debt to NOPAT	-7.97	-6.61	-5.15	-4.27	-4.07	-3.83	-3.73	-3.59	-3.59	-3.83	-5.20
Net Debt to NOPAT	-0.90	-0.49	-0.64	-0.65	-1.03	-0.21	-0.13	-0.05	0.34	0.20	0.38
Long-Term Debt to NOPAT	-7.89	-6.55	-5.10	-4.23	-4.03	-3.83	-3.73	-3.59	-3.59	-3.83	-5.20
Altman Z-Score	0.48	0.95	0.78	1.76	0.89	1.99	0.63	1.23	1.17	0.86	1.26
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	4.30	3.95	4.04	3.98	3.76	4.39	4.83	5.16	4.71	4.32	4.86
Quick Ratio	4.10	3.80	3.86	3.80	3.61	4.25	4.69	5.00	4.58	4.21	4.76
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	259	-116	-153	-240	-1,126	-409	-297	-118	-176	-235	-691
Operating Cash Flow to CapEx	407.40%	477.75%	263.10%	-41.06%	175.13%	306.36%	17.40%	-221.79%	317.24%	267.00%	147.86%
Free Cash Flow to Firm to Interest Expense	11.07	-19.98	-26.06	-47.00	-237.45	-77.62	-53.73	-22.05	-29.91	-44.25	-127.36
Operating Cash Flow to Interest Expense	6.48	39.68	19.70	-4.18	18.63	31.20	2.32	-15.34	25.68	23.59	10.31
Operating Cash Flow Less CapEx to Interest Expense	4.89	31.37	12.21	-14.36	7.99	21.02	-10.99	-22.25	17.58	14.75	3.34
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.75	0.67	0.67	0.66	0.64	0.58	0.57	0.55	0.54	0.59	0.60
Accounts Receivable Turnover	4.88	4.08	4.47	4.66	4.81	3.74	4.31	4.46	4.94	4.09	4.83
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	11.92	11.92	12.24	12.86	13.20	13.51	14.71	15.95	17.50	19.40	21.36
Accounts Payable Turnover	11.14	10.94	16.95	13.64	11.59	9.18	12.45	10.84	11.39	11.82	12.72
Days Sales Outstanding (DSO)	74.78	89.41	81.69	78.33	75.88	97.52	84.70	81.87	73.93	89.31	75.63
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	32.75	33.35	21.53	26.76	31.49	39.77	29.32	33.67	32.05	30.87	28.69
Cash Conversion Cycle (CCC)	42.03	56.06	60.16	51.57	44.39	57.75	55.38	48.20	41.88	58.44	46.94
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,717	2,718	2,659	2,624	3,112	2,619	2,627	2,562	2,219	2,384	2,597
Invested Capital Turnover	1.90	2.01	1.95	1.92	1.81	1.84	1.74	1.70	2.00	1.94	1.91
Increase / (Decrease) in Invested Capital	-395	99	32	63	893	235	31	-165	-80	34	386
Enterprise Value (EV)	15,181	18,331	18,206	27,815	19,881	28,079	14,593	19,022	17,368	14,241	15,889
Market Capitalization	14,775	18,064	17,756	27,258	18,901	27,873	14,459	18,965	17,727	14,437	16,193
Book Value per Share	$1.36	$1.46	$1.33	$1.26	$1.29	$1.47	$1.54	$1.56	$1.63	$1.60	$1.76
Tangible Book Value per Share	$0.32	$0.40	$0.25	$0.16	$0.19	$0.35	$0.38	$0.38	$0.47	$0.45	$0.63
Total Capital	5,924	6,095	5,851	5,705	6,023	6,164	6,241	6,251	6,323	6,323	7,026
Total Debt	3,613	3,644	3,641	3,639	3,892	3,749	3,748	3,746	3,744	3,743	4,125
Total Long-Term Debt	3,577	3,608	3,605	3,603	3,855	3,749	3,748	3,746	3,744	3,743	4,125
Net Debt	406	268	449	557	981	205	134	57	-359	-197	-304
Capital Expenditures (CapEx)	37	48	44	52	50	54	73	37	48	47	38
Debt-free, Cash-free Net Working Capital (DFCFNWC)	342	323	296	264	200	298	251	213	-52	102	-31
Debt-free Net Working Capital (DFNWC)	3,549	3,699	3,489	3,345	3,111	3,842	3,865	3,902	4,051	4,041	4,398
Net Working Capital (NWC)	3,513	3,663	3,452	3,309	3,074	3,842	3,865	3,902	4,051	4,041	4,398
Net Nonoperating Expense (NNE)	3.89	-26	32	71	72	74	102	94	73	87	55
Net Nonoperating Obligations (NNO)	406	268	449	557	981	205	134	57	-359	-197	-304
Total Depreciation and Amortization (D&A)	45	42	42	40	43	54	43	42	37	50	38
Debt-free, Cash-free Net Working Capital to Revenue	6.18%	6.03%	5.74%	5.30%	4.15%	6.46%	5.53%	4.74%	-1.15%	2.21%	-0.68%
Debt-free Net Working Capital to Revenue	64.18%	69.00%	67.54%	67.15%	64.65%	83.40%	85.04%	87.01%	89.48%	87.81%	95.60%
Net Working Capital to Revenue	63.52%	68.33%	66.84%	66.43%	63.88%	83.40%	85.04%	87.01%	89.48%	87.81%	95.60%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.08)	$0.01	($0.09)	($0.15)	($0.19)	($0.14)	($0.23)	($0.24)	($0.21)	($0.19)	($0.22)
Adjusted Weighted Average Basic Shares Outstanding	1.70B	1.66B	1.66B	1.64B	1.65B	1.61B	1.63B	1.60B	1.58B	1.61B	1.61B
Adjusted Diluted Earnings per Share	($0.08)	$0.01	($0.09)	($0.15)	($0.19)	($0.14)	($0.23)	($0.24)	($0.21)	($0.19)	($0.22)
Adjusted Weighted Average Diluted Shares Outstanding	1.70B	1.66B	1.66B	1.64B	1.65B	1.61B	1.63B	1.60B	1.58B	1.61B	1.61B
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	1.67B	1.70B	1.68B	1.66B	1.64B	1.65B	1.65B	1.62B	1.60B	1.58B	1.61B
Normalized Net Operating Profit after Tax (NOPAT)	-136	-17	-121	-178	-233	-174	-266	-283	-256	-201	-305
Normalized NOPAT Margin	-9.95%	-1.10%	-8.83%	-14.37%	-19.52%	-12.79%	-22.38%	-26.51%	-25.86%	-15.49%	-27.00%
Pre Tax Income Margin	-9.62%	0.92%	-10.56%	-19.68%	-24.96%	-18.00%	-30.49%	-34.21%	-32.55%	-21.87%	-31.04%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-6.19	-3.18	-30.18	-53.74	-70.27	-53.68	-72.58	-75.43	-60.13	-57.91	-66.96
NOPAT to Interest Expense	-5.80	-2.95	-20.61	-34.77	-49.18	-33.00	-48.19	-52.97	-43.45	-37.90	-56.16
EBIT Less CapEx to Interest Expense	-7.78	-11.49	-37.67	-63.92	-80.91	-63.86	-85.88	-82.34	-68.23	-66.75	-73.94
NOPAT Less CapEx to Interest Expense	-7.39	-11.25	-28.10	-44.95	-59.82	-43.19	-61.49	-59.89	-51.54	-46.73	-63.13
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-62.56%	-44.58%	-52.39%	-42.77%	-32.68%	-14.32%	-36.73%	0.00%	0.00%	-70.02%	-44.74%

Frequently Asked Questions About Snap's Financials

When does Snap's fiscal year end?

According to the most recent income statement we have on file, Snap's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Snap's net income changed over the last 9 years?

Snap's net income appears to be on a downward trend, with a most recent value of -$697.86 million in 2024, rising from -$372.89 million in 2015. The previous period was -$1.32 billion in 2023. Find out what analysts predict for Snap in the coming months.

What is Snap's operating income?

Snap's total operating income in 2024 was -$787.29 million, based on the following breakdown:

Total Gross Profit: $2.89 billion
Total Operating Expenses: $3.67 billion

How has Snap revenue changed over the last 9 years?

Over the last 9 years, Snap's total revenue changed from $58.66 million in 2015 to $5.36 billion in 2024, a change of 9,039.3%.

How much debt does Snap have?

Snap's total liabilities were at $5.49 billion at the end of 2024, a 1.2% decrease from 2023, and a 2,590.6% increase since 2016.

How much cash does Snap have?

In the past 8 years, Snap's cash and equivalents has ranged from $150.12 million in 2016 to $1.99 billion in 2021, and is currently $1.05 billion as of their latest financial filing in 2024.

How has Snap's book value per share changed over the last 9 years?

Over the last 9 years, Snap's book value per share changed from 0.00 in 2015 to 1.46 in 2024, a change of 146.1%.

Related Companies

This page (NYSE:SNAP) was last updated on 5/28/2025 by MarketBeat.com Staff

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Snap (SNAP) Financials

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