Snap Inc
For the period ended Jun 30, 2024. Filed Aug 2, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 2, 2024
SNAP$5.00-1.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Stockholders’ Equity
| Three Months Ended June 30, · Six Months Ended June 30, | ||||||||
|---|---|---|---|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |||||
| Shares | Amount | Shares | Amount | Shares | Amount | Shares | Amount | |
| Class A non-voting common stock | ||||||||
| Balance, beginning of period | 1,388,965 | $14 | 1,341,056 | $13 | 1,391,341 | $14 | 1,319,930 | $13 |
| Shares issued in connection with exercise of stock options under stock-based compensation plans | 179 | — | 361 | — | 184 | — | 364 | — |
| Issuance of Class A non-voting common stock for vesting of restricted stock units and restricted stock awards, net | 16,875 | — | 19,741 | 1 | 35,107 | — | 40,486 | 1 |
| Conversion of Class B voting common stock to Class A non-voting common stock | 5 | — | 344 | — | 5 | — | 352 | — |
| Repurchases of Class A non-voting common stock | (6,865) | — | — | — | (27,885) | — | — | — |
| Reissuances of Class A non-voting common stock for vesting of restricted stock units | 506 | — | 451 | — | 913 | — | 821 | — |
| Balance, end of period | 1,399,665 | 14 | 1,361,953 | 14 | 1,399,665 | 14 | 1,361,953 | 14 |
| Class B voting common stock | ||||||||
| Balance, beginning of period | 22,528 | — | 22,522 | — | 22,528 | — | 22,529 | — |
| Shares issued in connection with exercise of stock options under stock-based compensation plans | 5 | — | 361 | — | 5 | — | 362 | — |
| Conversion of Class B voting common stock to Class A non-voting common stock | (5) | — | (344) | — | (5) | — | (352) | — |
| Balance, end of period | 22,528 | — | 22,539 | — | 22,528 | — | 22,539 | — |
| Class C voting common stock | ||||||||
| Balance, beginning of period | 231,627 | 2 | 231,627 | 2 | 231,627 | 2 | 231,627 | 2 |
| Balance, end of period | 231,627 | 2 | 231,627 | 2 | 231,627 | 2 | 231,627 | 2 |
| Treasury stock | ||||||||
| Balance, beginning of period | 48,793 | (475,939) | 50,942 | (496,906) | 49,200 | (479,903) | 51,312 | (500,514) |
| Repurchases of Class A non-voting common stock | 6,865 | (75,955) | — | — | 27,885 | (311,069) | — | — |
| Retirement of Class A non-voting common stock | (6,865) | 75,955 | — | — | (27,885) | 311,069 | — | — |
| Reissuances of Class A non-voting common stock for vesting of restricted stock units | (506) | 4,940 | (451) | 4,406 | (913) | 8,904 | (821) | 8,014 |
| Balance, end of period | 48,287 | (470,999) | 50,491 | (492,500) | 48,287 | (470,999) | 50,491 | (492,500) |
| Additional paid-in capital | ||||||||
| Balance, beginning of period | — | 14,873,261 | — | 13,620,326 | — | 14,613,404 | — | 13,309,828 |
| Stock-based compensation expense | — | 259,311 | — | 317,942 | — | 523,063 | — | 632,019 |
| Shares issued in connection with exercise of stock options under stock-based compensation plans | — | 2,426 | — | 382 | — | 2,494 | — | 411 |
| Purchase of capped calls | — | (68,850) | — | — | — | (68,850) | — | — |
| Termination of capped calls | — | 62,683 | — | — | — | 62,683 | — | — |
| Reissuances of Class A non-voting common stock for vesting of restricted stock units | — | (4,940) | — | (4,406) | — | (8,904) | — | (8,014) |
| Other | — | 2,357 | — | — | — | 2,358 | — | — |
| Balance, end of period | — | 15,126,248 | — | 13,934,244 | — | 15,126,248 | — | 13,934,244 |
| Accumulated deficit | ||||||||
| Balance, beginning of period | — | (12,266,740) | — | (10,543,331) | — | (11,726,536) | — | (10,214,657) |
| Net loss | — | (248,620) | — | (377,308) | — | (553,710) | — | (705,982) |
| Retirement of Class A non-voting common stock | — | (75,955) | — | — | — | (311,069) | — | — |
| Balance, end of period | — | (12,591,315) | — | (10,920,639) | — | (12,591,315) | — | (10,920,639) |
| Accumulated other comprehensive income (loss) | ||||||||
| Balance, beginning of period | — | 750 | — | (1,664) | — | 7,131 | — | (13,974) |
| Other comprehensive income (loss), net of tax | — | 2,022 | — | (14,497) | — | (4,359) | — | (2,187) |
| Balance, end of period | — | 2,772 | — | (16,161) | — | 2,772 | — | (16,161) |
| Total stockholders’ equity | 1,702,107 | $2,066,722 | 1,666,610 | $2,504,960 | 1,702,107 | $2,066,722 | 1,666,610 | $2,504,960 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.