Below are the financial statements of Snap, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in thousands of USD | 2024 | 2023 |
|---|---|---|
| Current assets | — | — |
| Cash and cash equivalents | 1,046,534a | 1,780,400a |
| Marketable securities | 2,329,745a | 1,763,680a |
| Accounts receivable, net of allowance | 1,348,472a | 1,278,176a |
| Prepaid expenses and other current assets | 182,006a | 153,587a |
| Total current assets | 4,906,757a | 4,975,843a |
| Assets | — | — |
| Property and equipment, net | 489,088a | 410,326a |
| Operating lease right-of-use assets | 530,441a | 516,862a |
| Intangible assets, net | 86,363a | 146,303a |
| Goodwill | 1,689,785a | 1,691,827a |
| Other assets | 233,914a | 226,597a |
| Total assets | 7,936,348a | 7,967,758a |
| Current liabilities | — | — |
| Accounts payable | 173,197a | 278,961a |
| Operating lease liabilities | 24,885a | 49,321a |
| Accrued expenses and other current liabilities | 1,009,254a | 805,836a |
| Convertible senior notes, net | 36,212a | 0a |
| Total current liabilities | 1,243,548a | 1,134,118a |
| Liabilities and stockholders’ equity | — | — |
| Long-term convertible senior notes, net | 3,607,717a | 3,749,400a |
| Operating lease liabilities, noncurrent | 575,082a | 546,279a |
| Other liabilities | 59,240a | 123,849a |
| Total liabilities | 5,485,587a | 5,553,646a |
| Stockholders’ equity | — | — |
| Class A non-voting common stock | 14a | 14a |
| Class B voting common stock | 0a | 0a |
| Class C voting common stock | 2a | 2a |
| Treasury stock, at cost | -460,620a | -479,903a |
| Additional paid-in capital | 15,644,132a | 14,613,404a |
| Accumulated deficit | -12,735,461a | -11,726,536a |
| Accumulated other comprehensive income (loss) | 2,694a | 7,131a |
| Total stockholders’ equity | 2,450,761a | 2,414,112a |
| Total liabilities and stockholders’ equity | 7,936,348a | 7,967,758a |
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