Snap provides technology and social media services. The Company's flagship product, Snapchat, is a camera application that was created to help people communicate through short videos and images. One of the principal concepts of Snapchat is that pictures and messages are only available for a short time before they become inaccessible. Originally, Snapchat was centered on private, person-to-person photo sharing; new features, including the ability to send short videos, communicate via video chat and saving necessary chat information through a press on a message, were added through later updates.

TypePublic
HQSanta Monica, US
Founded2011
Size (employees)3,069 (est)
Websitesnapchat.com
Snapchat (Snap) was founded in 2011 and is headquartered in Santa Monica, US
Report incorrect company information

Viewing summary data as a guest

Sign up for free to see all data

Key People/Management at Snapchat (Snap)

Evan Spiegel

Evan Spiegel

Co-Founder & CEO
Bobby Murphy

Bobby Murphy

Co-Founder and CTO
Michael Lynton

Michael Lynton

Chairman
Imran Khan

Imran Khan

Chief Strategy Officer
Michael OSullivan

Michael OSullivan

General Counsel
Steven Horowitz

Steven Horowitz

Vice President, Hardware
Show more

Snapchat (Snap) Office Locations

Snapchat (Snap) has offices in Santa Monica, Shenzhen, Kyiv, Riga and in 25 other locations
Santa Monica, US (HQ)
2772 Donald Douglas Loop N
Los Angeles, US
63 Market St
Los Angeles, US
606 S Venice Blvd
New York, US
229 W 43rd St
Seattle, US
999 3rd Avenue
Show all (31)
Report incorrect company information

Snapchat (Snap) Financials and Metrics

Snapchat (Snap) Revenue

Embed Graph
Snapchat (Snap)'s revenue was reported to be $824.95 m in FY, 2017 which is a 104% increase from the previous period.
USD

Revenue (Q2, 2018)

492.9m

Gross profit (Q2, 2018)

104.6m

Gross profit margin (Q2, 2018), %

21.2%

Net income (Q2, 2018)

(739.1m)

EBIT (Q2, 2018)

(750.4m)

Market capitalization (18-Oct-2018)

8.7b

Closing stock price (18-Oct-2018)

6.8

Cash (30-Jun-2018)

393.2m
Snapchat (Snap)'s current market capitalization is $8.7 b.
Annual
USDFY, 2015FY, 2016FY, 2017

Revenue

58.7m404.5m824.9m

Revenue growth, %

590%104%

Cost of goods sold

182.3m451.7m717.5m

Gross profit

(123.7m)(47.2m)107.5m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q4, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017Q1, 2018Q2, 2018

Revenue

38.8m71.8m128.2m165.7m149.6m181.7m207.9m285.7m230.7m492.9m

Cost of goods sold

75.8m94.8m127.8m153.4m163.4m152.1m210.7m191.2m196.8m388.4m

Gross profit

(37.0m)(23.0m)424.0k12.3m(13.7m)29.5m(2.8m)94.4m33.9m104.6m

Gross profit Margin, %

(95%)(32%)0%7%(9%)16%(1%)33%15%21%
Annual
USDFY, 2015FY, 2016FY, 2017

Cash

640.8m150.1m334.1m

Accounts Receivable

44.3m162.7m279.5m

Prepaid Expenses

7.4m30.0m44.3m

Current Assets

692.6m1.2b2.4b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

1.4b501.7m317.6m466.3m393.2m

Accounts Receivable

147.7m171.5m195.0m231.4m

Prepaid Expenses

73.0m77.8m54.7m58.5m

Current Assets

3.5b3.0b2.5b2.1b1.9b
Annual
USDFY, 2015FY, 2016FY, 2017

Net Income

(372.9m)(514.6m)(3.4b)

Depreciation and Amortization

15.3m29.1m61.3m

Accounts Payable

(6.7m)6.5m49.7m

Cash From Operating Activities

(306.6m)(611.2m)(734.7m)
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

(104.6m)(220.5m)(344.7m)(2.2b)(2.7b)(3.1b)(385.8m)(739.1m)

Depreciation and Amortization

5.0m11.0m18.5m12.5m25.0m42.5m21.6m44.1m

Accounts Payable

47.0k(240.0k)1.7m5.6m9.3m4.1m(37.1m)(46.7m)

Cash From Operating Activities

(92.5m)(226.7m)(443.5m)(155.0m)(364.6m)(558.6m)(232.0m)(431.3m)
USDY, 2018

Financial Leverage

1.1 x
Show all financial metrics

Snapchat (Snap) Operating Metrics

Snapchat (Snap)'s Daily Active Users was reported to be 191 m in Q1, 2018.
Q1, 2014Q2, 2014Q3, 2014Q4, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017Q1, 2018

Daily Active Users

46 m57 m62 m71 m80 m86 m94 mwdxefcqufszuzezftuxetqsqxt107 m122 m143 m153 m158 m166 m173 m178 m187 m191 m

Quarterly ARPU

$0.31 $0.32 $0.50 $0.84 $1.05 $0.90 $1.05 $1.17 $1.53 $1.21

Hosting Costs per Daily Active Users

$0.52 $0.72

Snaps per Day

2.50 b3 b3.50 b3 b
Show all operating metrics

Snapchat (Snap) Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
MetamarketsNovember 03, 2017$100 m
ZenlyJune 22, 2017$213 m
PlacedJune 05, 2017
Cimagine MediaDecember 25, 2016$30 m
FliteDecember 19, 2016
VurbAugust 15, 2016$114.50 m
Obvious EngineeringJune 03, 2016
BitstripsMay 24, 2016$64.20 m
LookserySeptember 15, 2015$150 m
ScanDecember 17, 2014$50 m
Show more

Snapchat (Snap) Revenue Breakdown

Embed Graph

Snapchat (Snap) revenue breakdown by geographic segment: 97.1% from United States and 2.9% from Other

Human Capital Metrics

Snapchat (Snap)'s employees are reported to be approximately 38% female and 62% male.
Embed Graph
Show all human capital metrics
Report incorrect company information

Snapchat (Snap) Online and Social Media Presence

Embed Graph
Report incorrect company information

Snapchat (Snap) News and Updates

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.

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.

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.
Report incorrect company information

Snapchat (Snap) Company Life and Culture

Report incorrect company information