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 billions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 5.36a | 4.61a | 4.6a |
| Costs and expenses | — | — | — |
| Cost of revenue | -2.47a | -2.11a | -1.82a |
| Research and development | -1.69a | -1.91a | -2.11a |
| Sales and marketing | -1.06a | -1.12a | -1.12a |
| General and administrative | -0.92a | -0.86a | -0.95a |
| Total costs and expenses | -6.15a | -6a | -6a |
| Operating loss | -0.79a | -1.4a | -1.4a |
| Interest income | 0.15a | 0.17a | 0.06a |
| Interest expense | -0.02a | -0.02a | -0.02a |
| Other income (expense), net | -0.02a | -0.04a | -0.04a |
| Loss before income taxes | -0.67a | -1.29a | -1.4a |
| Income tax benefit (expense) | -0.03a | -0.03a | -0.03a |
| Net loss | -0.7a | -1.32a | -1.43a |
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