SNAP Chart
About

Snap Inc. operates as a technology company in North America, Europe, and internationally. The company offers Snapchat, a visual messaging application with various tabs, such as camera, visual messaging, snap map, stories, and spotlight that enable people to communicate visually through short videos and snaps. It also provides Snapchat+, Lens+, and Snapchat Platinum, a subscription service that provides subscribers access to exclusive, experimental, and pre-release features; Spectacles, an augmented reality (AR) glasses; and advertising products, including AR ads and Snap ads comprises a single image or video ads, collection ads, dynamic ads, story ads, commercials, sponsored snaps, and promoted places. In addition, the company offers campaign management and delivery, an advertising platform that provides automated, sophisticated, and scalable ad buying and campaign management; and measuring advertising effectiveness solutions. The company was formerly known as Snapchat, Inc. and changed its name to Snap Inc. in September 2016. Snap Inc. was founded in 2010 and is headquartered in Santa Monica, California.

Fundamentals
Scroll to Statements
Sector Communication Services Industry Internet Content & Infor Market Cap 8.39B
Enterprise Value 9.60B Income -460.49M Sales 5.93B
Book/sh 1.33 Cash/sh 1.74 Dividend Yield —
Payout 0.00% Employees 5261 IPO —
P/E — Forward P/E 8.28 PEG —
P/S 1.42 P/B 3.73 P/C —
EV/EBITDA -26.04 EV/Sales 1.62 Quick Ratio 3.35
Current Ratio 3.56 Debt/Eq 181.60 LT Debt/Eq —
EPS (ttm) -0.27 EPS next Y 0.60 EPS Growth 3.96%
Revenue Growth 10.20% Earnings 2026-04-28 ROA -4.26%
ROE -19.46% ROIC — Gross Margin 54.99%
Oper. Margin 2.90% Profit Margin -7.76% Shs Outstand 1.43B
Shs Float 1.10B Short Float 6.94% Short Ratio 1.82
Short Interest — 52W High 10.59 52W Low 4.65
Beta 0.80 Avg Volume 47.10M Volume 29.97M
Target Price $7.98 Recom Hold Prev Close $4.93
Price $4.97 Change 0.81%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$7.98
Mean price target
2. Current target
$4.97
Latest analyst target
3. DCF / Fair value
$5.70
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$4.97
Low
$4.00
High
$15.00
Mean
$7.98

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-23 main Morgan Stanley Equal-Weight → Equal-Weight $7
2026-02-12 main Citigroup Neutral → Neutral $6
2026-02-06 up Stifel Sell → Hold $6
2026-02-05 main JP Morgan Underweight → Underweight $7
2026-02-05 main TD Cowen Hold → Hold $8
2026-02-05 reit Piper Sandler Neutral → Neutral $8
2026-02-05 main UBS Neutral → Neutral $7
2026-02-05 main Evercore ISI Group In-Line → In-Line $9
2026-02-05 main Wells Fargo Equal-Weight → Equal-Weight $8
2026-02-05 main Cantor Fitzgerald Neutral → Neutral $7
2026-02-05 reit Citizens Market Perform → Market Perform —
2026-02-05 main Rosenblatt Neutral → Neutral $6
2026-02-05 main Mizuho Neutral → Neutral $7
2026-02-05 main Susquehanna Neutral → Neutral $7
2026-02-05 up B. Riley Securities Neutral → Buy $10
2026-01-30 main Roth Capital Neutral → Neutral $10
2026-01-20 main UBS Neutral → Neutral $9
2026-01-13 main Goldman Sachs Neutral → Neutral $9
2026-01-13 main Morgan Stanley Equal-Weight → Equal-Weight $10
2025-12-19 main Guggenheim Neutral → Neutral $9
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 19674 92939 — Sale at price 4.70 - 4.84 per share. MORROW REBECCA Officer — 2026-02-19 00:00:00 D
1 203325 958120 — Sale at price 4.70 - 4.73 per share. BRIERS ZACHARY M General Counsel — 2026-02-18 00:00:00 D
2 63041 296331 — Sale at price 4.70 per share. ANDERSEN DEREK Chief Financial Officer — 2026-02-17 00:00:00 D
3 119339 561060 — Sale at price 4.70 per share. MOHAN AJIT Officer — 2026-02-17 00:00:00 D
4 601453 — — Stock Gift at price 0.00 per share. MURPHY ROBERT C. Chief Technology Officer — 2026-02-10 00:00:00 D
5 2000000 10625800 — Sale at price 5.27 - 5.36 per share. MURPHY ROBERT C. Chief Technology Officer — 2026-02-10 00:00:00 D
6 983607 — — Stock Award(Grant) at price 0.00 per share. ANDERSEN DEREK Chief Financial Officer — 2026-02-03 00:00:00 D
7 20848 158953 — Sale at price 7.62 per share. MOHAN AJIT Officer — 2026-01-16 00:00:00 D
8 23715 185594 — Sale at price 7.83 per share. ANDERSEN DEREK Chief Financial Officer — 2026-01-14 00:00:00 D
9 364078 — — Stock Gift at price 0.00 per share. SPIEGEL EVAN Chief Executive Officer — 2026-01-05 00:00:00 D
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.210.210.210.21
NormalizedEBITDA-165.50M-492.60M-1.10B-1.18B
NetIncomeFromContinuingOperationNetMinorityInterest-460.49M-697.86M-1.32B-1.43B
ReconciledDepreciation163.63M158.07M168.44M202.17M
ReconciledCostOfRevenue2.67B2.47B2.11B1.82B
EBITDA-165.50M-492.60M-1.10B-1.18B
EBIT-329.14M-650.67M-1.27B-1.38B
NetInterestIncome12.16M131.91M146.37M37.14M
InterestExpense122.00M21.55M22.02M21.46M
InterestIncome134.16M153.47M168.39M58.60M
NormalizedIncome-460.49M-697.86M-1.32B-1.43B
NetIncomeFromContinuingAndDiscontinuedOperation-460.49M-697.86M-1.32B-1.43B
TotalExpenses6.46B6.15B6.00B6.00B
TotalOperatingIncomeAsReported-532.17M-787.29M-1.40B-1.40B
DilutedAverageShares1.69B1.66B1.61B1.61B
BasicAverageShares1.69B1.66B1.61B1.61B
DilutedEPS-0.27-0.42-0.82-0.89
BasicEPS-0.27-0.42-0.82-0.89
DilutedNIAvailtoComStockholders-460.49M-697.86M-1.32B-1.43B
NetIncomeCommonStockholders-460.49M-697.86M-1.32B-1.43B
NetIncome-460.49M-697.86M-1.32B-1.43B
NetIncomeIncludingNoncontrollingInterests-460.49M-697.86M-1.32B-1.43B
NetIncomeContinuousOperations-460.49M-697.86M-1.32B-1.43B
TaxProvision9.35M25.63M28.06M28.96M
PretaxIncome-451.14M-672.23M-1.29B-1.40B
OtherIncomeExpense68.87M-16.85M-42.41M-42.53M
OtherNonOperatingIncomeExpenses68.87M-16.85M-42.41M-42.53M
NetNonOperatingInterestIncomeExpense12.16M131.91M146.37M37.14M
InterestExpenseNonOperating122.00M21.55M22.02M21.46M
InterestIncomeNonOperating134.16M153.47M168.39M58.60M
OperatingIncome-532.17M-787.29M-1.40B-1.40B
OperatingExpense3.79B3.67B3.89B4.18B
ResearchAndDevelopment1.79B1.69B1.91B2.11B
SellingGeneralAndAdministration2.00B1.98B1.98B2.07B
SellingAndMarketingExpense1.02B1.06B1.12B1.12B
GeneralAndAdministrativeExpense979.13M919.10M857.42M953.26M
OtherGandA979.13M919.10M857.42M953.26M
GrossProfit3.26B2.89B2.49B2.79B
CostOfRevenue2.67B2.47B2.11B1.82B
TotalRevenue5.93B5.36B4.61B4.60B
OperatingRevenue5.93B5.36B4.61B4.60B
Line Item2025-12-312024-12-312023-12-312022-12-31
TreasurySharesNumber44.67M47.22M49.20M51.31M
OrdinarySharesNumber1.71B1.69B1.65B1.57B
ShareIssued1.76B1.74B1.69B1.63B
NetDebt2.51B2.60B1.97B2.32B
TotalDebt4.14B4.24B4.34B4.18B
TangibleBookValue494.11M674.61M575.98M730.10M
InvestedCapital5.82B6.09B6.16B6.32B
WorkingCapital3.30B3.66B3.84B4.04B
NetTangibleAssets494.11M674.61M575.98M730.10M
CapitalLeaseObligations606.30M599.97M595.60M432.76M
CommonStockEquity2.28B2.45B2.41B2.58B
TotalCapitalization5.77B6.06B6.16B6.32B
TotalEquityGrossMinorityInterest2.28B2.45B2.41B2.58B
StockholdersEquity2.28B2.45B2.41B2.58B
GainsLossesNotAffectingRetainedEarnings26.69M2.69M7.13M-13.97M
OtherEquityAdjustments26.69M2.69M7.13M-13.97M
TreasuryStock435.72M460.62M479.90M500.51M
RetainedEarnings-13.95B-12.74B-11.73B-10.21B
AdditionalPaidInCapital16.64B15.64B14.61B13.31B
CapitalStock17.00K16.00K16.00K15.00K
CommonStock17.00K16.00K16.00K15.00K
TotalLiabilitiesNetMinorityInterest5.40B5.49B5.55B5.45B
TotalNonCurrentLiabilitiesNetMinorityInterest4.11B4.24B4.42B4.23B
OtherNonCurrentLiabilities61.76M59.24M123.85M104.45M
LongTermDebtAndCapitalLeaseObligation4.05B4.18B4.30B4.13B
LongTermCapitalLeaseObligation557.82M575.08M546.28M386.27M
LongTermDebt3.49B3.61B3.75B3.74B
CurrentLiabilities1.29B1.24B1.13B1.22B
OtherCurrentLiabilities220.23M140.63M136.38M484.86M
CurrentDeferredLiabilities149.00M189.20M101.06M50.78M
CurrentDeferredRevenue145.21M112.77M93.71M50.78M
CurrentDebtAndCapitalLeaseObligation95.45M61.10M49.32M46.48M
CurrentCapitalLeaseObligation48.48M24.89M49.32M46.48M
CurrentDebt46.97M36.21M
OtherCurrentBorrowings46.97M36.21M
PensionandOtherPostRetirementBenefitPlansCurrent77.81M85.42M95.60M206.44M
PayablesAndAccruedExpenses744.38M767.20M751.75M427.04M
CurrentAccruedExpenses524.59M594.00M472.79M245.26M
Payables219.79M173.20M278.96M181.77M
AccountsPayable219.79M173.20M278.96M181.77M
TotalAssets7.68B7.94B7.97B8.03B
TotalNonCurrentAssets3.09B3.03B2.99B2.77B
OtherNonCurrentAssets221.25M233.91M226.60M279.56M
GoodwillAndOtherIntangibleAssets1.79B1.78B1.84B1.85B
OtherIntangibleAssets66.61M86.36M146.30M204.48M
Goodwill1.72B1.69B1.69B1.65B
NetPPE1.08B1.02B927.19M642.73M
AccumulatedDepreciation-370.40M-328.92M-264.38M-218.59M
GrossPPE1.45B1.35B1.19B861.32M
Leases560.55M450.83M332.72M225.65M
ConstructionInProgress41.30M63.28M90.04M80.27M
OtherProperties506.22M530.44M516.86M370.95M
MachineryFurnitureEquipment325.14M282.42M230.47M162.97M
BuildingsAndImprovements21.49M21.49M21.49M21.49M
Properties0.000.000.000.00
CurrentAssets4.58B4.91B4.98B5.26B
OtherCurrentAssets272.06M182.01M153.59M134.43M
PrepaidAssets134.43M92.24M
Receivables1.37B1.35B1.28B1.18B
AccountsReceivable1.37B1.35B1.28B1.18B
CashCashEquivalentsAndShortTermInvestments2.94B3.38B3.54B3.94B
OtherShortTermInvestments1.91B2.33B1.76B2.52B
CashAndCashEquivalents1.03B1.05B1.78B1.42B
CashEquivalents630.86M698.28M1.20B
CashFinancial399.57M348.25M584.99M
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow437.19M218.65M34.79M55.31M
RepurchaseOfCapitalStock-750.87M-311.07M-189.39M-1.00B
RepaymentOfDebt-2.03B-859.04M0.000.00
IssuanceOfDebt2.01B740.35M0.001.48B
CapitalExpenditure-218.98M-194.83M-211.73M-129.31M
InterestPaidSupplementalData65.06M10.28M10.24M8.87M
IncomeTaxPaidSupplementalData26.72M24.69M30.92M12.09M
EndCashPosition1.03B1.05B1.78B1.42B
BeginningCashPosition1.05B1.78B1.42B1.99B
ChangesInCash-18.84M-732.23M358.69M-570.95M
FinancingCashFlow-848.12M-428.62M-458.79M306.71M
CashFlowFromContinuingFinancingActivities-848.12M-428.62M-458.79M306.71M
NetOtherFinancingCharges-81.04M-11.66M-270.43M-180.01M
ProceedsFromStockOptionExercised374.00K12.80M1.04M4.27M
NetCommonStockIssuance-750.87M-311.07M-189.39M-1.00B
CommonStockPayments-750.87M-311.07M-189.39M-1.00B
NetIssuancePaymentsOfDebt-16.60M-118.69M0.001.48B
NetLongTermDebtIssuance-16.60M-118.69M0.001.48B
LongTermDebtPayments-2.03B-859.04M0.000.00
LongTermDebtIssuance2.01B740.35M0.001.48B
InvestingCashFlow173.12M-717.08M570.95M-1.06B
CashFlowFromContinuingInvestingActivities173.12M-717.08M570.95M-1.06B
NetOtherInvestingChanges-3.58M-100.00K-2.78M-18.12M
NetInvestmentPurchaseAndSale431.18M-522.16M835.71M-847.78M
SaleOfInvestment1.73B1.77B2.89B2.66B
PurchaseOfInvestment-1.30B-2.29B-2.06B-3.51B
NetBusinessPurchaseAndSale-35.50M0.00-50.25M-67.07M
SaleOfBusiness0.00
PurchaseOfBusiness-35.50M0.00-50.25M-67.07M
NetPPEPurchaseAndSale-218.98M-194.83M-211.73M-129.31M
PurchaseOfPPE-218.98M-194.83M-211.73M-129.31M
OperatingCashFlow656.17M413.48M246.52M184.61M
CashFlowFromContinuingOperatingActivities656.17M413.48M246.52M184.61M
ChangeInWorkingCapital-17.00M-91.46M63.13M-34.99M
ChangeInOtherCurrentLiabilities-42.08M-54.74M-58.85M-63.43M
ChangeInOtherCurrentAssets64.92M44.17M72.91M70.94M
ChangeInPayablesAndAccruedExpense58.73M49.66M157.12M118.20M
ChangeInAccruedExpense12.81M150.39M62.13M71.71M
ChangeInPayable45.92M-100.73M94.99M46.49M
ChangeInAccountPayable45.92M-100.73M94.99M46.49M
ChangeInPrepaidAssets-66.74M-36.54M-9.92M-40.92M
ChangeInReceivables-31.83M-94.00M-98.13M-119.78M
ChangesInAccountReceivables-31.83M-94.00M-98.13M-119.78M
OtherNonCashItems33.00M-11.44M-19.60M22.46M
StockBasedCompensation1.02B1.04B1.32B1.39B
DepreciationAmortizationDepletion163.63M158.07M168.44M202.17M
DepreciationAndAmortization163.63M158.07M168.44M202.17M
OperatingGainsLosses-79.79M15.13M33.03M36.84M
GainLossOnInvestmentSecurities16.94M8.46M33.03M36.84M
GainLossOnSaleOfBusiness0.00
NetIncomeFromContinuingOperations-460.49M-697.86M-1.32B-1.43B
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for SNAP
Date User Asset Broker Type Position Size Entry Price Patterns