OverviewSuggest Edit
Snap is a camera company providing social media services and advertising products. Its flagship product, Snapchat, is a camera application that allows users to communicate visually through short videos and images called Snaps. The company also offers Spectacles, sunglasses that connect with Snapchat and capture video from a human perspective. Snap generates revenue primarily through advertising by providing advertising products as well as campaign management and delivery capabilities and a range of third-party and first-party solutions that provide analytics on campaign attributes.
| Type | Public | |
| Founded | 2011 | |
| HQ | Santa Monica, US | Map |
| Website | snap.com |
Locations
Key People/Management at Snap
Evan Spiegel
Chief Executive Officer
Robert Murphy
Chief Technology Officer
Michael Lynton
Chairman
Michael O'Sullivan
General Counsel
Jared Grusd
Chief Strategy Officer
Jeremi Gorman
Chief Business Officer
Snap Office Locations
Snap has offices in Santa Monica, New York, San Francisco, Seattle and in 15 other locations
Santa Monica, US (HQ)
2772 Donald Douglas Loop N
New York, US
229 W 43rd St
San Francisco, US
875 Howard St, San Francisco
Seattle, US
2025 1st Ave #500
London, GB
77 Shaftesbury Ave, Soho
London, GB
7 Lexington St, Soho
Snap Financials and Metrics
Snap Revenue
Snap's revenue was reported to be $1.72 b in FY, 2019 which is a 45.3% increase from the previous period.
| USD | |
|---|---|
Revenue (Q3, 2020) | 678.7m |
Gross profit (Q3, 2020) | 385.6m |
Gross profit margin (Q3, 2020), % | 56.8% |
Net income (Q3, 2020) | (199.9m) |
EBIT (Q3, 2020) | (167.9m) |
Market capitalization (20-Nov-2020) | 63.0b |
Closing stock price (20-Nov-2020) | 44.3 |
Cash (30-Sept-2020) | 824.1m |
EV | 64.2b |
Snap's current market capitalization is $63 b.
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 230.7m | 262.3m | 297.7m | 320.4m | 388.0m | 446.2m | 462.5m | 454.2m | 678.7m |
Cost of goods sold | 196.8m | 191.6m | 197.6m | 203.8m | 215.5m | 223.1m | 253.4m | 250.5m | 293.1m |
Gross profit | 33.9m | 70.7m | 100.1m | 116.7m | 172.5m | 223.1m | 209.1m | 203.7m | 385.6m |
Gross profit Margin, % | 15% | 27% | 34% | 36% | 44% | 50% | 45% | 45% | 57% |
Annual
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | (385.8m) | (739.1m) | (1.1b) | (310.4m) | (255.2m) | (227.4m) | (305.9m) | (631.9m) | (831.7m) |
Depreciation and Amortization | 21.6m | 44.1m | 69.0m | 23.3m | 22.7m | 20.6m | 21.2m | 42.1m | 63.9m |
Accounts Payable | (37.1m) | (46.7m) | (44.6m) | 3.1m | 21.0m | 4.2m | 5.7m | 8.0m | 11.4m |
Cash From Operating Activities | (232.0m) | (431.3m) | (563.9m) | (66.2m) | (95.8m) | (76.1m) | 6.3m | (60.3m) | (115.1m) |
| USD | FY, 2017 |
|---|---|
Revenue/Employee | 268.8k |
Financial Leverage | 1.1 x |
P/E Ratio | (5.0) |
Snap Operating Metrics
Snap's Daily Active Users was reported to be 238 m in Q2, 2020.
| Q4, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q4, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q4, 2019 | Q1, 2020 | Q2, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Daily Active Users | 187 m | 191 m | 188 m | 186 m | 186 m | 190 m | 203 m | 210 m | 218 m | 229 m | 238 m |
Quarterly ARPU | $1.53 | $1.21 | $1.40 | $1.60 | $2.09 | $1.68 | $1.91 | $2.12 | $2.58 | $2.02 | $1.91 |
Snaps per Day | 3.50 b | 3 b | |||||||||
Daily Active Users (Europe) | 60 m | 62 m | 61 m | 59 m | 60 m | 61 m | 64 m | 65 m | 67 m | 70 m | 71 m |
Snap Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Voisey | November 20, 2020 | |
| AIFactory | January 04, 2020 | $166 m |
| Teleport Future Technologies, Inc. | December 10, 2018 | |
| PlayCanvas | March 24, 2018 | |
| Metamarkets | November 03, 2017 | $100 m |
| Strong.codes | July 21, 2017 | |
| Zenly | June 22, 2017 | $213 m |
| Placed, Inc. | June 05, 2017 | $185.90 m |
| Ctrl Me Robotics | May 26, 2017 | |
| Cimagine Media | December 25, 2016 | $30 m |
Snap Revenue Breakdown
Snap revenue breakdown by geographic segment: 17.5% from Europe, 62.3% from North America and 20.3% from Rest of the World
Snap Cybersecurity Score
Snap Online and Social Media Presence
64.25k Twitter followers
Snap has 64.25k Twitter Followers. The number of followers has decreased 95.3% quarter over quarter
Snap's Trends
Snap News and Updates
April 11, 2017
Snapchat maker unseals former employee's lawsuit: 'Snap has nothing to hide'
Saying it had “nothing to hide,” the company behind Snapchat released an unredacted version of a lawsuit filed against it by a former employee that claims investors and advertisers were misled about usage data.March 02, 2017
Here's who got rich off the Snapchat IPO
Evan Spiegel, 26, and Bobby Murphy, 28, each sold 16 million shares in the IPO, both reaping a $272 million payout. Their remaining stakes, of about 210 million shares, are worth about $5.2 billion each based on the stock's first-day closing price.February 03, 2017
Meet 26-year-old billionaire and Snap CEO Evan Spiegel, who just filed a $3 billion IPO
For an entrepreneur who has built a social media empire on the idea that people like to share what's going on in their lives immediately and often, Evan Spiegel is obsessed with privacy.Snap Frequently Asked Questions
When was Snap founded?
Snap was founded in 2011.
Who are Snap key executives?
Snap's key executives are Evan Spiegel, Robert Murphy and Michael Lynton.
How many employees does Snap have?
Snap has 3,195 employees.
What is Snap revenue?
Latest Snap annual revenue is $1.7 b.
What is Snap revenue per employee?
Latest Snap revenue per employee is $536.9 k.
Who are Snap competitors?
Competitors of Snap include Quibi, YouTube and TikTok.
Where is Snap headquarters?
Snap headquarters is located at 2772 Donald Douglas Loop N, Santa Monica.
Where are Snap offices?
Snap has offices in Santa Monica, New York, San Francisco, Seattle and in 15 other locations.
How many offices does Snap have?
Snap has 20 offices.
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