Snap Revenue 2016-2022 | SNAP

Snap annual/quarterly revenue history and growth rate from 2016 to 2022. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income.
  • Snap revenue for the quarter ending March 31, 2022 was $1.063B, a 38.09% increase year-over-year.
  • Snap revenue for the twelve months ending March 31, 2022 was $4.410B, a 56.74% increase year-over-year.
  • Snap annual revenue for 2021 was $4.117B, a 64.25% increase from 2020.
  • Snap annual revenue for 2020 was $2.507B, a 46.11% increase from 2019.
  • Snap annual revenue for 2019 was $1.716B, a 45.33% increase from 2018.
Snap Annual Revenue
(Millions of US $)
2021 $4,117
2020 $2,507
2019 $1,716
2018 $1,180
2017 $825
2016 $404
2015 $59
Snap Quarterly Revenue
(Millions of US $)
2022-03-31 $1,063
2021-12-31 $1,298
2021-09-30 $1,067
2021-06-30 $982
2021-03-31 $770
2020-12-31 $911
2020-09-30 $679
2020-06-30 $454
2020-03-31 $462
2019-12-31 $561
2019-09-30 $446
2019-06-30 $388
2019-03-31 $320
2018-12-31 $390
2018-09-30 $298
2018-06-30 $262
2018-03-31 $231
2017-12-31 $286
2017-09-30 $208
2017-06-30 $182
2017-03-31 $150
2016-12-31 $166
2016-09-30 $128
2016-06-30 $72
2016-03-31 $39
2015-12-31
Sector Industry Market Cap Revenue
Computer and Technology Internet Software $37.963B $4.117B
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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