# Snap Inc: overview

SNAP · NYSE · CIK 1564408 · [Technology](/sectors/technology.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/snap.md) · [Financials](/companies/snap/financials.md) · [Filings](/companies/snap/filings.md) · [Insiders](/companies/snap/insiders.md)

Latest reported revenue: [$1.60bn](/filings/0001564408-26-000052.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 4, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001564408-26-000052).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1,373](/filings/0001564408-25-000065.md) | [1,557 d](/filings/0001564408-26-000013.md) | [1,363](/filings/0001564408-26-000027.md) | [1,345](/filings/0001564408-26-000052.md) | [1,507](/filings/0001564408-25-000065.md) | [1,716 d](/filings/0001564408-26-000013.md) | [1,529](/filings/0001564408-26-000027.md) | [1,599](/filings/0001564408-26-000052.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(12.6%)](/filings/0001564408-25-000065.md) | [(1.7%) d](/filings/0001564408-26-000013.md) | [(14.2%)](/filings/0001564408-26-000027.md) | [(19.3%)](/filings/0001564408-26-000052.md) | [(8.5%)](/filings/0001564408-25-000065.md) | [2.9% d](/filings/0001564408-26-000013.md) | [(4.9%)](/filings/0001564408-26-000027.md) | [(10.7%)](/filings/0001564408-26-000052.md) |
| Net margin | % | [(11.2%)](/filings/0001564408-25-000065.md) | [0.6% d](/filings/0001564408-26-000013.md) | [(10.2%)](/filings/0001564408-26-000027.md) | [(19.5%)](/filings/0001564408-26-000052.md) | [(6.9%)](/filings/0001564408-25-000065.md) | [2.6% d](/filings/0001564408-26-000013.md) | [(5.8%)](/filings/0001564408-26-000027.md) | [(10.3%)](/filings/0001564408-26-000052.md) |
| Diluted EPS | $ per share | [(0.09)](/filings/0001564408-25-000065.md) | not reported | [(0.08)](/filings/0001564408-26-000027.md) | [(0.16)](/filings/0001564408-26-000052.md) | [(0.06)](/filings/0001564408-25-000065.md) | not reported | [(0.05)](/filings/0001564408-26-000027.md) | [(0.10)](/filings/0001564408-26-000052.md) |
| Free cash flow | $m | [71.8](/filings/0001564408-25-000065.md) | [182 d](/filings/0001564408-26-000013.md) | [114](/filings/0001564408-26-000027.md) | [23.8](/filings/0001564408-26-000052.md) | [93.4](/filings/0001564408-25-000065.md) | [206 d](/filings/0001564408-26-000013.md) | [286](/filings/0001564408-26-000027.md) | [121](/filings/0001564408-26-000052.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 12-month figure less the 9-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [4,117](/filings/0001564408-24-000019.md) | [4,602](/filings/0001564408-25-000019.md) | [4,606](/filings/0001564408-26-000013.md) | [5,361](/filings/0001564408-26-000013.md) | [5,931](/filings/0001564408-26-000013.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(17.1%)](/filings/0001564408-24-000019.md) | [(30.3%)](/filings/0001564408-25-000019.md) | [(30.4%)](/filings/0001564408-26-000013.md) | [(14.7%)](/filings/0001564408-26-000013.md) | [(9.0%)](/filings/0001564408-26-000013.md) |
| Net margin | % | [(11.9%)](/filings/0001564408-24-000019.md) | [(31.1%)](/filings/0001564408-25-000019.md) | [(28.7%)](/filings/0001564408-26-000013.md) | [(13.0%)](/filings/0001564408-26-000013.md) | [(7.8%)](/filings/0001564408-26-000013.md) |
| Diluted EPS | $ per share | [(0.31)](/filings/0001564408-24-000019.md) | [(0.89)](/filings/0001564408-25-000019.md) | [(0.82)](/filings/0001564408-26-000013.md) | [(0.42)](/filings/0001564408-26-000013.md) | [(0.27)](/filings/0001564408-26-000013.md) |
| Free cash flow | $m | [223](/filings/0001564408-24-000019.md) | [55.3](/filings/0001564408-25-000019.md) | [34.8](/filings/0001564408-26-000013.md) | [219](/filings/0001564408-26-000013.md) | [437](/filings/0001564408-26-000013.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/snap/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [FMR LLC](/funds/315066.md) | 2026-06-30 | $295.3m | 66,514,779 |  | Reduced −22,227,227 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $208.3m | 46,916,039 |  | Reduced −775,630 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $206.2m | 46,432,846 |  | Reduced −212,339 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $195.4m | 44,007,270 |  | Reduced −3,252,868 |
| [JANE STREET GROUP, LLC](/funds/1595888.md) | 2026-06-30 | $158.2m | 35,636,700 | Call | Added +22,021,900 |
| [Irenic Capital Management LP](/funds/1929389.md) | 2026-06-30 | $133.2m | 30,000,000 |  | Unchanged |
| [AQR CAPITAL MANAGEMENT LLC](/funds/1167557.md) | 2026-06-30 | $128.9m | 29,294,755 |  | Added +17,877,436 |
| [TWO SIGMA INVESTMENTS, LP](/funds/1179392.md) | 2026-06-30 | $90.6m | 20,408,453 |  | Added +7,401,203 |
| [UBS Group AG](/funds/1610520.md) | 2026-06-30 | $75.6m | 17,035,990 |  | Reduced −2,288,314 |
| [Invesco Ltd.](/funds/914208.md) | 2026-06-30 | $73.8m | 16,616,016 |  | Added +15,199,817 |

## Recent filings

[All 1,223 filings](/companies/snap/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-09-08 | 20:10 ET | [8-K](/filings/0001193125-26-385199.md) | 5.02 Departure or appointment of officers or directors | 0001193125-26-385199 |
| 2026-08-04 | 22:46 ET | [10-Q](/filings/0001564408-26-000052.md) | Quarterly report, period 2026-06-30 | 0001564408-26-000052 |
| 2026-08-03 | 20:13 ET | [8-K](/filings/0001564408-26-000047.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001564408-26-000047 |
| 2026-07-09 | 20:13 ET | [8-K](/filings/0001564408-26-000041.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001564408-26-000041 |
| 2026-05-20 | 21:05 ET | [8-K](/filings/0001193125-26-232814.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001193125-26-232814 |
| 2026-05-07 | 21:24 ET | [8-K/A](/filings/0001193125-26-212461.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001193125-26-212461 |
| 2026-05-07 | 23:11 ET | [10-Q](/filings/0001564408-26-000027.md) | Quarterly report, period 2026-03-31 | 0001564408-26-000027 |
| 2026-05-06 | 20:11 ET | [8-K](/filings/0001564408-26-000024.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001564408-26-000024 |
| 2026-04-20 | 21:05 ET | [8-K](/filings/0001193125-26-164232.md) | 5.02 Departure or appointment of officers or directors | 0001193125-26-164232 |
| 2026-04-15 | 10:01 ET | [8-K](/filings/0001193125-26-155861.md) | 2.02 Results of operations; 2.05 Exit or disposal costs; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-155861 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001564408-26-000013.md), filed Feb 5, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/208d60b3-6662-4d60-a677-1ca81832316f)

## About the filer

- CIK: 1564408
- Tickers: SNAP
- Exchange: NYSE
- SIC code: 7370 Services-Computer Programming, Data Processing, Etc.
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:43 ET. No prices; not investment advice.