Snap Gross Profit 2016-2022 | SNAP

Snap annual/quarterly gross profit history and growth rate from 2016 to 2022. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.
  • Snap gross profit for the quarter ending September 30, 2022 was $0.662B, a 6.05% increase year-over-year.
  • Snap gross profit for the twelve months ending September 30, 2022 was $2.817B, a 37.82% increase year-over-year.
  • Snap annual gross profit for 2021 was $2.367B, a 78.75% increase from 2020.
  • Snap annual gross profit for 2020 was $1.324B, a 61.54% increase from 2019.
  • Snap annual gross profit for 2019 was $0.82B, a 114.82% increase from 2018.
Snap Annual Gross Profit
(Millions of US $)
2021 $2,367
2020 $1,324
2019 $820
2018 $382
2017 $107
2016 $-47
2015 $-124
Snap Quarterly Gross Profit
(Millions of US $)
2022-09-30 $662
2022-06-30 $665
2022-03-31 $642
2021-12-31 $849
2021-09-30 $624
2021-06-30 $537
2021-03-31 $357
2020-12-31 $526
2020-09-30 $386
2020-06-30 $204
2020-03-31 $209
2019-12-31 $307
2019-09-30 $223
2019-06-30 $173
2019-03-31 $117
2018-12-31 $177
2018-09-30 $100
2018-06-30 $71
2018-03-31 $34
2017-12-31 $94
2017-09-30 $-3
2017-06-30 $30
2017-03-31 $-14
2016-12-31 $12
2016-09-30 $0
2016-06-30 $-23
2016-03-31 $-37
2015-12-31
Sector Industry Market Cap Revenue
Computer and Technology Internet Software $16.421B $4.117B
Snap's flagship product, Snapchat, is a mobile camera application that helps people to communicate through short videos and images called Snaps. The application is one of the most popular and trendy messaging and social media applications in the United States. It is also growing rapidly in other international markets, such as India.Snapchat's popularity, especially with teens and millennials, can primarily be attributed to its ephemerality i.e. photos/videos and text sent to friends via Snapchat disappear after sometime. Moreover, an interactive style of chat developed by the addition of stickers, doodling etc. has really caught the fancy of teens. Advertising forms the mainstay of Snap's revenues. The company is helping advertisers reach millennials and Gen Z audience, who are more active on immersive mobile platforms like Snapchat.
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