Snap Inc
NYSE:SNAP
Income Statement
Earnings Waterfall
Snap Inc
Revenue
|
4.6B
USD
|
Cost of Revenue
|
-2.1B
USD
|
Gross Profit
|
2.5B
USD
|
Operating Expenses
|
-3.9B
USD
|
Operating Income
|
-1.4B
USD
|
Other Expenses
|
75.9m
USD
|
Net Income
|
-1.3B
USD
|
Income Statement
Snap Inc
Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||
Revenue |
59
N/A
|
94
+59%
|
160
+71%
|
272
+70%
|
405
+49%
|
515
+27%
|
625
+21%
|
705
+13%
|
825
+17%
|
906
+10%
|
987
+9%
|
1 076
+9%
|
1 180
+10%
|
1 270
+8%
|
1 396
+10%
|
1 544
+11%
|
1 716
+11%
|
1 858
+8%
|
1 924
+4%
|
2 156
+12%
|
2 507
+16%
|
2 814
+12%
|
3 342
+19%
|
3 731
+12%
|
4 117
+10%
|
4 410
+7%
|
4 539
+3%
|
4 600
+1%
|
4 602
+0%
|
4 528
-2%
|
4 485
-1%
|
4 545
+1%
|
4 606
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||
Cost of Revenue |
(182)
|
(237)
|
(292)
|
(363)
|
(452)
|
(539)
|
(597)
|
(680)
|
(718)
|
(751)
|
(790)
|
(777)
|
(799)
|
(806)
|
(830)
|
(855)
|
(896)
|
(945)
|
(980)
|
(1 050)
|
(1 183)
|
(1 342)
|
(1 536)
|
(1 687)
|
(1 750)
|
(1 759)
|
(1 760)
|
(1 769)
|
(1 795)
|
(1 814)
|
(1 864)
|
(1 968)
|
(2 114)
|
|
Gross Profit |
(124)
N/A
|
(144)
-16%
|
(132)
+9%
|
(92)
+30%
|
(47)
+48%
|
(24)
+49%
|
29
N/A
|
25
-11%
|
108
+325%
|
155
+44%
|
196
+27%
|
299
+52%
|
382
+28%
|
464
+22%
|
566
+22%
|
689
+22%
|
820
+19%
|
912
+11%
|
943
+3%
|
1 106
+17%
|
1 324
+20%
|
1 472
+11%
|
1 806
+23%
|
2 044
+13%
|
2 367
+16%
|
2 652
+12%
|
2 779
+5%
|
2 831
+2%
|
2 807
-1%
|
2 714
-3%
|
2 620
-3%
|
2 577
-2%
|
2 492
-3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||
Operating Expenses |
(258)
|
(243)
|
(283)
|
(357)
|
(473)
|
(2 606)
|
(2 992)
|
(3 320)
|
(3 593)
|
(1 820)
|
(1 770)
|
(1 734)
|
(1 650)
|
(1 656)
|
(1 705)
|
(1 734)
|
(1 923)
|
(1 946)
|
(2 023)
|
(2 124)
|
(2 186)
|
(2 351)
|
(2 567)
|
(2 818)
|
(3 069)
|
(3 322)
|
(3 657)
|
(3 809)
|
(4 014)
|
(4 203)
|
(4 113)
|
(4 014)
|
(3 890)
|
|
Selling, General & Administrative |
(176)
|
(149)
|
(171)
|
(209)
|
(290)
|
(1 640)
|
(1 802)
|
(1 940)
|
(2 037)
|
(866)
|
(865)
|
(862)
|
(846)
|
(836)
|
(849)
|
(871)
|
(1 007)
|
(1 049)
|
(1 064)
|
(1 094)
|
(1 058)
|
(1 112)
|
(1 216)
|
(1 335)
|
(1 466)
|
(1 609)
|
(1 768)
|
(1 846)
|
(1 903)
|
(1 906)
|
(1 884)
|
(1 929)
|
(1 930)
|
|
Research & Development |
(82)
|
(94)
|
(113)
|
(148)
|
(184)
|
(956)
|
(1 170)
|
(1 348)
|
(1 510)
|
(902)
|
(846)
|
(806)
|
(739)
|
(755)
|
(790)
|
(799)
|
(850)
|
(873)
|
(896)
|
(967)
|
(1 064)
|
(1 172)
|
(1 276)
|
(1 396)
|
(1 503)
|
(1 599)
|
(1 726)
|
(1 796)
|
(1 933)
|
(1 931)
|
(1 901)
|
(1 903)
|
(1 805)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
(11)
|
(20)
|
(33)
|
(46)
|
(52)
|
(59)
|
(66)
|
(65)
|
(66)
|
(66)
|
(63)
|
(66)
|
(65)
|
(63)
|
(63)
|
(65)
|
(67)
|
(75)
|
(87)
|
(99)
|
(114)
|
(164)
|
(168)
|
(178)
|
(177)
|
(140)
|
(147)
|
(156)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
40
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(189)
|
(189)
|
(34)
|
0
|
|
Operating Income |
(382)
N/A
|
(387)
-1%
|
(415)
-7%
|
(449)
-8%
|
(520)
-16%
|
(2 630)
-405%
|
(2 964)
-13%
|
(3 294)
-11%
|
(3 486)
-6%
|
(1 664)
+52%
|
(1 573)
+5%
|
(1 435)
+9%
|
(1 269)
+12%
|
(1 192)
+6%
|
(1 139)
+4%
|
(1 045)
+8%
|
(1 103)
-6%
|
(1 034)
+6%
|
(1 080)
-4%
|
(1 019)
+6%
|
(862)
+15%
|
(879)
-2%
|
(761)
+13%
|
(774)
-2%
|
(702)
+9%
|
(670)
+5%
|
(878)
-31%
|
(978)
-11%
|
(1 206)
-23%
|
(1 489)
-23%
|
(1 492)
0%
|
(1 437)
+4%
|
(1 398)
+3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||
Interest Income Expense |
1
|
2
|
2
|
2
|
(1)
|
3
|
7
|
13
|
14
|
21
|
22
|
22
|
19
|
25
|
26
|
22
|
11
|
(3)
|
(29)
|
(56)
|
(79)
|
(77)
|
(60)
|
(37)
|
(13)
|
3
|
35
|
51
|
103
|
99
|
108
|
134
|
119
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
40
|
40
|
40
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(155)
|
(189)
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
(1)
|
(2)
|
(2)
|
(1)
|
(2)
|
0
|
1
|
8
|
8
|
7
|
(2)
|
(4)
|
(13)
|
(8)
|
(2)
|
19
|
8
|
7
|
3
|
15
|
50
|
88
|
207
|
240
|
127
|
42
|
1
|
(108)
|
19
|
63
|
(30)
|
(15)
|
|
Pre-Tax Income |
(381)
N/A
|
(386)
-2%
|
(415)
-7%
|
(449)
-8%
|
(522)
-16%
|
(2 629)
-404%
|
(2 956)
-12%
|
(3 281)
-11%
|
(3 463)
-6%
|
(1 636)
+53%
|
(1 545)
+6%
|
(1 415)
+8%
|
(1 253)
+11%
|
(1 179)
+6%
|
(1 081)
+8%
|
(985)
+9%
|
(1 033)
-5%
|
(1 029)
+0%
|
(1 101)
-7%
|
(1 072)
+3%
|
(926)
+14%
|
(906)
+2%
|
(733)
+19%
|
(605)
+17%
|
(474)
+22%
|
(540)
-14%
|
(802)
-48%
|
(1 081)
-35%
|
(1 401)
-30%
|
(1 372)
+2%
|
(1 322)
+4%
|
(1 334)
-1%
|
(1 294)
+3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||
Tax Provision |
8
|
8
|
(0)
|
7
|
7
|
10
|
10
|
15
|
18
|
14
|
13
|
0
|
(3)
|
(1)
|
(1)
|
0
|
(0)
|
(1)
|
1
|
(1)
|
(19)
|
(19)
|
(19)
|
(19)
|
(14)
|
(21)
|
(30)
|
(38)
|
(29)
|
(27)
|
(32)
|
(29)
|
(28)
|
|
Income from Continuing Operations |
(373)
|
(379)
|
(415)
|
(443)
|
(515)
|
(2 619)
|
(2 946)
|
(3 265)
|
(3 445)
|
(1 622)
|
(1 532)
|
(1 414)
|
(1 256)
|
(1 181)
|
(1 082)
|
(985)
|
(1 034)
|
(1 029)
|
(1 100)
|
(1 073)
|
(945)
|
(926)
|
(752)
|
(624)
|
(488)
|
(561)
|
(831)
|
(1 119)
|
(1 430)
|
(1 399)
|
(1 354)
|
(1 363)
|
(1 322)
|
|
Net Income (Common) |
(373)
N/A
|
(379)
-2%
|
(415)
-10%
|
(443)
-7%
|
(515)
-16%
|
(2 619)
-409%
|
(2 946)
-12%
|
(3 265)
-11%
|
(3 445)
-6%
|
(1 622)
+53%
|
(1 532)
+6%
|
(1 414)
+8%
|
(1 256)
+11%
|
(1 181)
+6%
|
(1 082)
+8%
|
(985)
+9%
|
(1 034)
-5%
|
(1 029)
+0%
|
(1 100)
-7%
|
(1 073)
+3%
|
(945)
+12%
|
(926)
+2%
|
(752)
+19%
|
(624)
+17%
|
(488)
+22%
|
(561)
-15%
|
(831)
-48%
|
(1 119)
-35%
|
(1 430)
-28%
|
(1 399)
+2%
|
(1 354)
+3%
|
(1 363)
-1%
|
(1 322)
+3%
|
|
EPS (Diluted) |
-0.32
N/A
|
-0.32
N/A
|
-0.35
-9%
|
-0.38
-9%
|
-0.44
-16%
|
-2.74
-523%
|
-2.4
+12%
|
-2.64
-10%
|
-2.95
-12%
|
-1.27
+57%
|
-1.18
+7%
|
-1.07
+9%
|
-0.97
+9%
|
-0.89
+8%
|
-0.81
+9%
|
-0.72
+11%
|
-0.75
-4%
|
-0.73
+3%
|
-0.77
-5%
|
-0.75
+3%
|
-0.65
+13%
|
-0.61
+6%
|
-0.48
+21%
|
-0.39
+19%
|
-0.31
+21%
|
-0.36
-16%
|
-0.52
-44%
|
-0.69
-33%
|
-0.89
-29%
|
-0.87
+2%
|
-0.85
+2%
|
-0.83
+2%
|
-0.82
+1%
|