Snap Inc

For the period ended Jun 30, 2025. Filed Aug 6, 2025.

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.

Jun 30, 2025 · Filed Aug 6, 2025

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

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Contents

Consolidated Statements of Operations

(in thousands, except per share amounts)

	Three Months Ended June 30,		Six Months Ended June 30,
	2025	2024	2025	2024
Revenue	$1,344,930	$1,236,768	$2,708,147	$2,431,541
Costs and expenses:
Cost of revenue	653,333	588,921	1,292,912	1,163,670
Research and development	443,325	406,196	867,490	855,955
Sales and marketing	257,853	266,320	515,810	542,354
General and administrative	250,095	229,306	485,457	456,769
Total costs and expenses	1,604,606	1,490,743	3,161,669	3,018,748
Operating loss	(259,676)	(253,975)	(453,522)	(587,207)
Interest income	33,199	36,462	70,217	76,360
Interest expense	(27,607)	(5,113)	(51,006)	(9,856)
Other income (expense), net	(823)	(20,792)	48,246	(20,873)
Loss before income taxes	(254,907)	(243,418)	(386,065)	(541,576)
Income tax benefit (expense)	(7,663)	(5,202)	(16,092)	(12,134)
Net loss	$(262,570)	$(248,620)	$(402,157)	$(553,710)
Net loss per share attributable to Class A, Class B, and Class C common stockholders (Note 3):
Basic	$(0.16)	$(0.15)	$(0.24)	$(0.34)
Diluted	$(0.16)	$(0.15)	$(0.24)	$(0.34)
Weighted average shares used in computation of net loss per share:
Basic	1,674,854	1,644,736	1,685,544	1,646,064
Diluted	1,674,854	1,644,736	1,685,544	1,646,064

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.