Snap Inc. is a technology company. We believe the camera presents the greatest opportunity to improve the way people live and communicate. We contribute to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together. Our flagship product, Snapchat, is a visual messaging application that enhances your relationships with friends, family, and the world. Visual messaging is a fast, fun way to communicate with friends and family using augmented reality, video, voice, messaging, and creative tools. Snaps are deleted by default to mimic real-life conversations, so there is less pressure to look popular or perfect when creating and sending images on Snapchat. By reducing the friction typically associated with creating and sharing content, Snapchat has become one of the most used cameras in the world. The camera is a powerful tool for communication and the entry point for augmented reality experiences.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 5.9B | 5.9B | 5.4B | 4.6B | 4.6B | 4.1B |
| Net Income | -460M | -460M | -698M | -1.3B | -1.4B | -488M |
| EPS | $-0.27 | $-0.27 | $-0.42 | $-0.82 | $-0.89 | $-0.31 |
| Free Cash Flow | 437M | 437M | 219M | 35M | 55M | 223M |
| ROIC | -8.8% | -8.0% | -11.5% | -21.5% | -22.6% | -8.1% |
| Gross Margin | 55.0% | 55.0% | 53.9% | 54.1% | 60.6% | 57.5% |
| Debt/Equity | 1.55 | 1.55 | 1.50 | 1.55 | 1.45 | 0.59 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | -532M | -532M | -787M | -1.4B | -1.4B | -702M |
| Operating Margin | -9.0% | -9.0% | -14.7% | -30.4% | -30.3% | -17.1% |
| ROE | -20.2% | -19.5% | -28.5% | -54.8% | -55.4% | -12.9% |
| Shares Outstanding | 1,706M | 1,706M | 1,662M | 1,613M | 1,606M | 1,574M |
Snap Inc passes 3 of 9 quality checks, indicating weak fundamentals.
On a free-cash-flow basis, the stock trades at 18.4x vs a median of 57.1x. The company's 5-year average gross margin is 56.2%. Total shareholder yield (buybacks) is 7.9%. At current prices, the estimated annualized return to fair value is +1.0%.
Snap Inc (SNAP) has a 5-year average return on invested capital (ROIC) of -14.3%. This is below average and may indicate limited pricing power.
Snap Inc (SNAP) has a market capitalization of $9.6B. It is classified as a mid-cap stock.
Snap Inc (SNAP) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 7.86%.
Snap Inc (SNAP) reported annual revenue of $5.9 billion in its most recent fiscal year, based on SEC EDGAR filings.
Snap Inc (SNAP) has a net profit margin of -7.8%. The company is currently unprofitable.
Snap Inc (SNAP) generated $437 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
Snap Inc (SNAP) has a debt-to-equity ratio of 1.55. This indicates higher leverage, which may increase financial risk.
Snap Inc (SNAP) reported earnings per share (EPS) of $-0.27 in its most recent fiscal year.
Snap Inc (SNAP) has a return on equity (ROE) of -19.5%. A negative ROE may indicate losses or negative equity.
Snap Inc (SNAP) has a 5-year average gross margin of 56.2%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 10 years of financial data for Snap Inc (SNAP), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Snap Inc (SNAP) has a book value per share of $1.34, based on its most recent annual SEC filing.