Snap (SNAP) Financials

$8.37 -0.18 (-2.12%)

Closing price 05/6/2025 03:59 PM Eastern

Extended Trading

$8.42 +0.05 (+0.61%)

As of 08:02 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	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-373	-515	-3,445	-1,256	-1,034	-945	-488	-1,430	-1,322	-698
Consolidated Net Income / (Loss)	-373	-515	-3,445	-1,256	-1,034	-945	-488	-1,430	-1,322	-698
Net Income / (Loss) Continuing Operations	-373	-515	-3,445	-1,256	-1,034	-945	-488	-1,430	-1,322	-698
Total Pre-Tax Income	-380	-522	-3,463	-1,253	-1,033	-926	-474	-1,401	-1,294	-672
Total Operating Income	-382	-520	-3,486	-1,268	-1,103	-862	-702	-1,395	-1,398	-787
Total Gross Profit	-124	-47	107	382	820	1,324	2,367	2,787	2,492	2,887
Total Revenue	59	404	825	1,180	1,716	2,507	4,117	4,602	4,606	5,361
Operating Revenue	59	404	825	1,180	1,716	2,507	4,117	4,602	4,606	5,361
Total Cost of Revenue	182	452	717	799	896	1,183	1,750	1,815	2,114	2,474
Operating Cost of Revenue	182	452	717	799	896	1,183	1,750	1,815	2,114	2,474
Total Operating Expenses	258	473	3,593	1,650	1,923	2,186	3,069	4,182	3,890	3,674
Selling, General & Admin Expense	149	165	1,536	477	581	529	711	953	857	919
Marketing Expense	27	124	523	401	459	555	793	1,119	1,122	1,064
Research & Development Expense	82	184	1,535	772	884	1,102	1,565	2,110	1,911	1,692
Total Other Income / (Expense), net	1.25	-1.34	22	15	70	-64	228	-5.39	104	115
Interest Expense	-	1.42	3.46	3.89	25	97	18	21	22	22
Interest & Investment Income	1.40	4.65	21	27	36	18	5.20	59	168	153
Other Income / (Expense), net	-0.15	-4.57	4.53	-8.25	59	15	240	-43	-42	-17
Income Tax Expense	-7.59	-7.08	-18	2.55	0.39	19	14	29	28	26
Basic Earnings per Share	($0.51)	($0.64)	($2.95)	($0.97)	($0.75)	($0.65)	($0.31)	($0.89)	($0.82)	($0.42)
Weighted Average Basic Shares Outstanding	-	807.87M	1.17B	1.30B	1.38B	1.46B	1.56B	1.61B	1.61B	1.66B
Diluted Earnings per Share	($0.51)	($0.64)	($2.95)	($0.97)	($0.75)	($0.65)	($0.31)	($0.89)	($0.82)	($0.42)
Weighted Average Diluted Shares Outstanding	-	807.87M	1.17B	1.30B	1.38B	1.46B	1.56B	1.61B	1.61B	1.66B
Weighted Average Basic & Diluted Shares Outstanding	-	804.10M	1.17B	1.29B	1.42B	1.51B	1.62B	1.58B	1.65B	1.70B

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

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

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

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

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

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

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

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

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

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

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. See where experts think Snap is headed by visiting Snap's forecast page.

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 5/7/2025 by MarketBeat.com Staff

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