Snap Operating Income 2016-2022 | SNAP

Snap annual/quarterly operating income history and growth rate from 2016 to 2022. Operating income can be defined as income after operating expenses have been deducted and before interest payments and taxes have been deducted.
  • Snap operating income for the quarter ending September 30, 2022 was $-0.435B, a 140.7% increase year-over-year.
  • Snap operating income for the twelve months ending September 30, 2022 was $-1.133B, a 46.33% increase year-over-year.
  • Snap annual operating income for 2021 was $-0.702B, a 18.56% decline from 2020.
  • Snap annual operating income for 2020 was $-0.862B, a 21.87% decline from 2019.
  • Snap annual operating income for 2019 was $-1.103B, a 13.02% decline from 2018.
Snap Annual Operating Income
(Millions of US $)
2021 $-702
2020 $-862
2019 $-1,103
2018 $-1,268
2017 $-3,486
2016 $-520
2015 $-382
Snap Quarterly Operating Income
(Millions of US $)
2022-09-30 $-435
2022-06-30 $-401
2022-03-31 $-272
2021-12-31 $-25
2021-09-30 $-181
2021-06-30 $-193
2021-03-31 $-304
2020-12-31 $-97
2020-09-30 $-168
2020-06-30 $-311
2020-03-31 $-286
2019-12-31 $-254
2019-09-30 $-229
2019-06-30 $-305
2019-03-31 $-316
2018-12-31 $-195
2018-09-30 $-323
2018-06-30 $-358
2018-03-31 $-393
2017-12-31 $-361
2017-09-30 $-462
2017-06-30 $-449
2017-03-31 $-2,214
2016-12-31 $-170
2016-09-30 $-131
2016-06-30 $-116
2016-03-31 $-104
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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