$SNAP

Snap Inc

CIK:0001564408|SEC Filings
v3.25.4
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]      
Revenue $ 5,931,447 $ 5,361,398 $ 4,606,115
Costs and expenses:      
Cost of revenue 2,669,575 2,474,237 2,114,117
Research and development 1,793,601 1,691,683 1,910,862
Sales and marketing 1,021,305 1,063,675 1,122,092
General and administrative 979,133 919,097 857,423
Total costs and expenses 6,463,614 6,148,692 6,004,494
Operating loss (532,167) (787,294) (1,398,379)
Interest income 134,159 153,466 168,394
Interest expense (121,998) (21,552) (22,024)
Other income (expense), net 68,870 (16,846) (42,414)
Loss before income taxes (451,136) (672,226) (1,294,423)
Income tax benefit (expense) (9,353) (25,630) (28,062)
Net loss $ (460,489) $ (697,856) $ (1,322,485)
Net loss per share attributable to Class A, Class B, and Class C common stockholders (Note 3):      
Basic (in usd per share) $ (0.27) $ (0.42) $ (0.82)
Diluted (in usd per share) $ (0.27) $ (0.42) $ (0.82)
Weighted average shares used in computation of net loss per share:      
Basic (in shares) 1,694,598 1,659,147 1,612,504
Diluted (in shares) 1,694,598 1,659,147 1,612,504