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.
TypePublic
Founded2011
HQSanta Monica, US
Websitesnap.com

Locations

Snap is headquartered in
Santa Monica, United States

Location Map

Latest Updates

Employees (est.) (Dec 2019)3,195(+11%)
Job Openings185
Revenue (FY, 2019)$1.7 B(+46%)
Share Price (Nov 2020)$44.3 (+5%)
Cybersecurity ratingBMore

Key People/Management at Snap

Evan Spiegel

Evan Spiegel

Chief Executive Officer
Robert Murphy

Robert Murphy

Chief Technology Officer
Michael Lynton

Michael Lynton

Chairman
Michael O'Sullivan

Michael O'Sullivan

General Counsel
Jared Grusd

Jared Grusd

Chief Strategy Officer
Jeremi Gorman

Jeremi Gorman

Chief Business Officer
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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
Show all (20)

Snap Financials and Metrics

Snap Revenue

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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
USDFY, 2017FY, 2018FY, 2019

Revenue

824.9m1.2b1.7b

Revenue growth, %

104%43%45%

Cost of goods sold

717.5m798.9m895.8m

Gross profit

107.5m381.6m819.7m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

230.7m262.3m297.7m320.4m388.0m446.2m462.5m454.2m678.7m

Cost of goods sold

196.8m191.6m197.6m203.8m215.5m223.1m253.4m250.5m293.1m

Gross profit

33.9m70.7m100.1m116.7m172.5m223.1m209.1m203.7m385.6m

Gross profit Margin, %

15%27%34%36%44%50%45%45%57%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

334.1m387.1m520.3m

Accounts Receivable

279.5m355.0m492.2m

Current Assets

2.4b1.7b2.6b

PP&E

166.8m212.6m173.7m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

466.3m393.2m350.4m245.6m335.7m728.8m901.3m1.3b824.1m

Accounts Receivable

231.4m244.8m261.8m282.4m313.5m374.1m394.1m379.0m529.9m

Prepaid Expenses

60.8m

Current Assets

2.1b1.9b1.7b1.5b1.5b2.7b2.5b3.3b3.3b
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

(3.4b)(1.3b)(1.0b)

Depreciation and Amortization

61.3m91.6m87.2m

Accounts Payable

49.7m(33.5m)20.7m

Cash From Operating Activities

(734.7m)(689.9m)(305.0m)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

(385.8m)(739.1m)(1.1b)(310.4m)(255.2m)(227.4m)(305.9m)(631.9m)(831.7m)

Depreciation and Amortization

21.6m44.1m69.0m23.3m22.7m20.6m21.2m42.1m63.9m

Accounts Payable

(37.1m)(46.7m)(44.6m)3.1m21.0m4.2m5.7m8.0m11.4m

Cash From Operating Activities

(232.0m)(431.3m)(563.9m)(66.2m)(95.8m)(76.1m)6.3m(60.3m)(115.1m)
USDFY, 2017

Revenue/Employee

268.8k

Financial Leverage

1.1 x

P/E Ratio

(5.0)
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Snap Operating Metrics

Snap's Daily Active Users was reported to be 238 m in Q2, 2020.
Q4, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019Q1, 2020Q2, 2020

Daily Active Users

187 m191 m188 m186 m186 m190 m203 m210 m218 m229 m238 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 b3 b

Daily Active Users (Europe)

60 m62 m61 m59 m60 m61 m64 m65 m67 m70 m71 m
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Snap Acquisitions / Subsidiaries

Company NameDateDeal Size
VoiseyNovember 20, 2020
AIFactoryJanuary 04, 2020$166 m
Teleport Future Technologies, Inc.December 10, 2018
PlayCanvasMarch 24, 2018
MetamarketsNovember 03, 2017$100 m
Strong.codesJuly 21, 2017
ZenlyJune 22, 2017$213 m
Placed, Inc.June 05, 2017$185.90 m
Ctrl Me RoboticsMay 26, 2017
Cimagine MediaDecember 25, 2016$30 m
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Snap Revenue Breakdown

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Snap revenue breakdown by geographic segment: 17.5% from Europe, 62.3% from North America and 20.3% from Rest of the World

Human Capital Metrics

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Snap Cybersecurity Score

Cybersecurity ratingPremium dataset

B

87/100

SecurityScorecard logo

Snap Online and Social Media Presence

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Snap News and Updates

pinned

Snapchat maker unseals former employee's lawsuit: 'Snap has nothing to hide'

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.
pinned

Here's who got rich off the Snapchat IPO

Here's who got rich off the Snapchat IPOEvan 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.
pinned

Meet 26-year-old billionaire and Snap CEO Evan Spiegel, who just filed a $3 billion IPO

Meet 26-year-old billionaire and Snap CEO Evan Spiegel, who just filed a $3 billion IPOFor 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.