Snap Net Income 2016-2023 | SNAP

Snap annual/quarterly net income history and growth rate from 2016 to 2023. Net income can be defined as company's net profit or loss after all revenues, income items, and expenses have been accounted for.
  • Snap net income for the quarter ending December 31, 2023 was $-0.248B, a 13.94% decline year-over-year.
  • Snap net income for the twelve months ending December 31, 2023 was $-1.322B, a 7.5% decline year-over-year.
  • Snap annual net income for 2023 was $-1.322B, a 7.5% decline from 2022.
  • Snap annual net income for 2022 was $-1.43B, a 192.99% increase from 2021.
  • Snap annual net income for 2021 was $-0.488B, a 48.36% decline from 2020.
Snap Annual Net Income
(Millions of US $)
2023 $-1,322
2022 $-1,430
2021 $-488
2020 $-945
2019 $-1,034
2018 $-1,256
2017 $-3,445
2016 $-515
2015 $-373
Snap Quarterly Net Income
(Millions of US $)
2023-12-31 $-248
2023-09-30 $-368
2023-06-30 $-377
2023-03-31 $-329
2022-12-31 $-288
2022-09-30 $-360
2022-06-30 $-422
2022-03-31 $-360
2021-12-31 $23
2021-09-30 $-72
2021-06-30 $-152
2021-03-31 $-287
2020-12-31 $-113
2020-09-30 $-200
2020-06-30 $-326
2020-03-31 $-306
2019-12-31 $-241
2019-09-30 $-227
2019-06-30 $-255
2019-03-31 $-310
2018-12-31 $-192
2018-09-30 $-325
2018-06-30 $-353
2018-03-31 $-386
2017-12-31 $-350
2017-09-30 $-443
2017-06-30 $-443
2017-03-31 $-2,209
2016-12-31 $-170
2016-09-30 $-124
2016-06-30 $-116
2016-03-31 $-105
2015-12-31
Sector Industry Market Cap Revenue
Computer and Technology Internet Software $18.570B $4.606B
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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