Snap Profit Margin 2016-2022 | SNAP

Current and historical gross margin, operating margin and net profit margin for Snap (SNAP) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Snap net profit margin as of December 31, 2022 is -31.07%.
Snap Annual Profit Margins
Snap Quarterly Profit Margins
Sector Industry Market Cap Revenue
Computer and Technology Internet Software $18.389B $4.602B
Snap's flagship product, Snapchat, is a mobile camera application that helps people to communicate through short videos and images called Snaps. The application is one of the most popular and trendy messaging and social media applications in the United States. It is also growing rapidly in other international markets, such as India.Snapchat's popularity, especially with teens and millennials, can primarily be attributed to its ephemerality i.e. photos/videos and text sent to friends via Snapchat disappear after sometime. Moreover, an interactive style of chat developed by the addition of stickers, doodling etc. has really caught the fancy of teens. Advertising forms the mainstay of Snap's revenues. The company is helping advertisers reach millennials and Gen Z audience, who are more active on immersive mobile platforms like Snapchat.
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