$SNAP
Snap Inc
CIK:0001564408|SEC Filings
Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| Income Statement [Abstract] | ||||
| Revenue | $ 1,598,993 | $ 1,344,930 | $ 3,127,784 | $ 2,708,147 |
| Costs and expenses: | ||||
| Cost of revenue | 667,885 | 653,333 | 1,333,126 | 1,292,912 |
| Research and development | 542,092 | 443,325 | 1,020,388 | 867,490 |
| Sales and marketing | 298,399 | 257,853 | 537,410 | 515,810 |
| General and administrative | 261,338 | 250,095 | 482,030 | 485,457 |
| Total costs and expenses | 1,769,714 | 1,604,606 | 3,372,954 | 3,161,669 |
| Operating loss | (170,721) | (259,676) | (245,170) | (453,522) |
| Interest income | 24,672 | 33,199 | 51,131 | 70,217 |
| Interest expense | (36,941) | (27,607) | (73,697) | (51,006) |
| Other income (expense), net | 21,502 | (823) | 20,488 | 48,246 |
| Loss before income taxes | (161,488) | (254,907) | (247,248) | (386,065) |
| Income tax expense | (2,472) | (7,663) | (5,663) | (16,092) |
| Net loss | $ (163,960) | $ (262,570) | $ (252,911) | $ (402,157) |
| Net loss per share attributable to Class A, Class B, and Class C common stockholders (Note 3): | ||||
| Basic (in usd per share) | $ (0.10) | $ (0.16) | $ (0.15) | $ (0.24) |
| Diluted (in usd per share) | $ (0.10) | $ (0.16) | $ (0.15) | $ (0.24) |
| Weighted average shares used in computation of net loss per share: | ||||
| Basic (in shares) | 1,663,449 | 1,674,854 | 1,675,483 | 1,685,544 |
| Diluted (in shares) | 1,663,449 | 1,674,854 | 1,675,483 | 1,685,544 |