Snap Inc

For the period ended Sep 30, 2024. Filed Oct 30, 2024.

About 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.

Sep 30, 2024 · Filed Oct 30, 2024

SNAP$5.05+1.8%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Statements of Operations

(in thousands, except per share amounts)

	Three Months Ended September 30,		Nine Months Ended September 30,
	2024	2023	2024	2023
Revenue	$1,372,574	$1,188,551	$3,804,115	$3,244,828
Costs and expenses:
Cost of revenue	638,907	555,753	1,802,577	1,492,613
Research and development	412,791	494,559	1,268,746	1,427,334
Sales and marketing	273,107	297,251	815,461	846,281
General and administrative	220,979	221,051	677,748	628,266
Total costs and expenses	1,545,784	1,568,614	4,564,532	4,394,494
Operating loss	(173,210)	(380,063)	(760,417)	(1,149,666)
Interest income	38,533	43,839	114,893	124,931
Interest expense	(5,883)	(5,521)	(15,739)	(16,749)
Other income (expense), net	(4,355)	(20,662)	(25,228)	(7,967)
Loss before income taxes	(144,915)	(362,407)	(686,491)	(1,049,451)
Income tax benefit (expense)	(8,332)	(5,849)	(20,466)	(24,787)
Net loss	$(153,247)	$(368,256)	$(706,957)	$(1,074,238)
Net loss per share attributable to Class A, Class B, and Class C common stockholders (Note 3):
Basic	$(0.09)	$(0.23)	$(0.43)	$(0.67)
Diluted	$(0.09)	$(0.23)	$(0.43)	$(0.67)
Weighted average shares used in computation of net loss per share:
Basic	1,663,011	1,625,917	1,651,756	1,603,672
Diluted	1,663,011	1,625,917	1,651,756	1,603,672

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.