OverviewSuggest Edit

Snap is a company that provides technology and social media services. Its product, Snapchat, is a camera application that allows private, person-to-person photo sharing. It provides an opportunity to send short videos, communicate via video chat and saving necessary chat information through a press on a message. 

TypePublic
Founded2011
HQSanta Monica, US
Websitesnapchat.com

Locations

Snapchat (Snap) is headquartered in
Santa Monica, United States

Location Map

Latest Updates

Employees (est.) (Dec 2019)3,195(+11%)
Job Openings159
Revenue (FY, 2019)$1.7 B(+46%)
Share Price (May 2020)$17.7

Key People/Management at Snapchat (Snap)

Evan Spiegel

Evan Spiegel

Co-Founder & CEO
Robert Murphy

Robert Murphy

Co-Founder and CTO
Michael OSullivan

Michael OSullivan

General Counsel
Lara Sweet

Lara Sweet

Chief Accounting Officer, Interim CFO
Oona King

Oona King

Vice President, Diversity and Inclusion
Jerry Hunter

Jerry Hunter

SVP, Engineering
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Snapchat (Snap) Office Locations

Snapchat (Snap) has offices in Santa Monica, San Francisco, Chicago, Los Angeles and in 14 other locations
Santa Monica, US (HQ)
2772 Donald Douglas Loop N
San Francisco, US
San Francisco
London, GB
77 Shaftesbury Ave, Soho
Show all (18)

Snapchat (Snap) Financials and Metrics

Snapchat (Snap) Revenue

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View revenue for all periods
Snapchat (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 (Q1, 2020)

462.5m

Gross profit (Q1, 2020)

209.1m

Gross profit margin (Q1, 2020), %

45.2%

Net income (Q1, 2020)

(305.9m)

EBIT (Q1, 2020)

(286.4m)

Market capitalization (22-May-2020)

25.5b

Closing stock price (22-May-2020)

17.7

Cash (31-Mar-2020)

901.3m

EV

25.9b
Snapchat (Snap)'s current market capitalization is $25.5 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

404.5m824.9m1.2b1.7b

Revenue growth, %

590%104%43%45%

Cost of goods sold

451.7m717.5m798.9m895.8m

Gross profit

(47.2m)107.5m381.6m819.7m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

149.6m181.7m207.9m230.7m262.3m297.7m320.4m388.0m446.2m462.5m

Cost of goods sold

163.4m152.1m210.7m196.8m191.6m197.6m203.8m215.5m223.1m253.4m

Gross profit

(13.7m)29.5m(2.8m)33.9m70.7m100.1m116.7m172.5m223.1m209.1m

Gross profit Margin, %

(9%)16%(1%)15%27%34%36%44%50%45%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

150.1m334.1m387.1m520.3m

Accounts Receivable

162.7m279.5m355.0m492.2m

Prepaid Expenses

30.0m44.3m41.9m39.0m

Current Assets

1.2b2.4b1.7b2.6b
Quarterly
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(514.6m)(3.4b)(1.3b)(1.0b)

Depreciation and Amortization

29.1m61.3m91.6m87.2m

Accounts Payable

6.5m49.7m(33.5m)20.7m

Cash From Operating Activities

(611.2m)(734.7m)(689.9m)(305.0m)
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

(2.2b)(2.7b)(3.1b)(385.8m)(739.1m)(1.1b)(310.4m)(255.2m)(227.4m)(305.9m)

Depreciation and Amortization

12.5m25.0m42.5m21.6m44.1m69.0m23.3m22.7m20.6m21.2m

Accounts Payable

5.6m9.3m4.1m(37.1m)(46.7m)(44.6m)3.1m21.0m4.2m5.7m

Cash From Operating Activities

(155.0m)(364.6m)(558.6m)(232.0m)(431.3m)(563.9m)(66.2m)(95.8m)(76.1m)6.3m
USDY, 2020

EV/EBIT

-90.3 x

EV/CFO

4.1 k x

Financial Leverage

1.8 x
Show all financial metrics

Snapchat (Snap) Operating Metrics

Snapchat (Snap)'s Daily Active Users was reported to be 218 m in Q4, 2019.
Q4, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019

Daily Active Users

158 m166 m173 m178 m187 m191 m188 m186 m186 m190 m203 m210 m218 m

Quarterly ARPU

$1 $0$1 $1 $1 $1 $1 $1 $2 $1 $1 $2 $2

Hosting Costs per Daily Active Users

$0

Snaps per Day

2.50 b3 b3.50 b3 b
Show all operating metrics

Snapchat (Snap) Acquisitions / Subsidiaries

Company NameDateDeal Size
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
FliteDecember 19, 2016
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Snapchat (Snap) Revenue Breakdown

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Snapchat (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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Snapchat (Snap) Online and Social Media Presence

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Snapchat (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.

Snapchat (Snap) Frequently Asked Questions

  • When was Snapchat (Snap) founded?

    Snapchat (Snap) was founded in 2011.

  • Who are Snapchat (Snap) key executives?

    Snapchat (Snap)'s key executives are Evan Spiegel, Robert Murphy and Michael OSullivan.

  • How many employees does Snapchat (Snap) have?

    Snapchat (Snap) has 3,195 employees.

  • What is Snapchat (Snap) revenue?

    Latest Snapchat (Snap) annual revenue is $1.7 b.

  • What is Snapchat (Snap) revenue per employee?

    Latest Snapchat (Snap) revenue per employee is $536.9 k.

  • Who are Snapchat (Snap) competitors?

    Competitors of Snapchat (Snap) include Facebook, Pinterest and Twitter.

  • Where is Snapchat (Snap) headquarters?

    Snapchat (Snap) headquarters is located at 2772 Donald Douglas Loop N, Santa Monica.

  • Where are Snapchat (Snap) offices?

    Snapchat (Snap) has offices in Santa Monica, San Francisco, Chicago, Los Angeles and in 14 other locations.

  • How many offices does Snapchat (Snap) have?

    Snapchat (Snap) has 18 offices.