Snap Inc.

SNAP Communication Services Internet Content & Information

Snap Inc.’s revenue for fiscal 2025 (year ended December 2025) was $5.9 billion, up 10.6% from fiscal 2024. In the quarter to June 2026, revenue grew 18.9%, EPS grew 37.5%, free cash flow grew 406.6% and total debt fell 1.16%, each against the same quarter a year earlier. Revenue growth for ten consecutive years, operating cash flow growth for three.

5.36 0.32 −5.63%
Market cap
$9.6B
P/E
0.0×
Fwd P/E
−97.4×
Dividend yield
—
F-score
6/9
Altman Z
0.04
Beneish M
−3.12
Dividend safety
n/a

Insider Decisions trades per month

Total sells 110.50
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell 5 5 3 5 2 3 6 2 1 5 3 1
Insider Ownership 33.87%

Capital & Financial Ratios $m

Market Cap 9,610.00
Revenue 6,351.08
Net Income (311.24)
Free Cash Flow 705.55
Net Debt 874.85
Current Ratio 2.94 (at or above 1.5: strong)
Debt/Equity 1.83
P/E ratio 0.00
Fwd P/E (97.40) (negative: loss-making)
P/S ratio 1.40
P/B ratio 4.63
Past 5Y EPS Growth —
This Y EPS Growth 82.58% (at or above 15%: strong)
Next Y EPS Growth 415.10% (at or above 15%: strong)
Next Y revenue growth 14.83% (at or above 10%: strong)
Next 5Y EPS Growth 66.43% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 3.17%
10-year low 10-year high
P/B against its own 10 years 10.24%
10-year low 10-year high
EV/Sales against its own 10 years 3.33%
10-year low 10-year high
EV/FCF against its own 10 years 4.32%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 3,544 3,376 2,941 2,660
Receivables 1,278 1,348 1,372 1,237
Inventory — — — —
Other — — — —
4,976 4,907 4,585 4,207
2023 2024 2025 Q'26
Payables 279 173 220 177
ST’ Debt — 36 47 153
Other — — — —
1,134 1,244 1,287 1,433

Compound Annual Growth %

10y 5y 3y
Sales 58.66% 18.80% 8.83%
Cash Flow 0.00% 0.00% 52.61%
Earnings 0.00% 0.00% 0.00%
Book Value 11.56% (0.42%) (4.02%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.05) (0.10) — — —
’25 (0.08) (0.16) (0.06) 0.03 (0.27)
’24 (0.19) (0.15) (0.09) 0.01 (0.42)
’23 (0.21) (0.24) (0.23) (0.15) (0.82)
’22 (0.22) (0.26) (0.22) (0.18) (0.89)
’21 (0.19) (0.10) (0.05) 0.01 (0.31)
’20 (0.21) (0.23) (0.14) (0.08) (0.65)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 1,529 1,599 — — —
’25 1,363 1,345 1,507 1,716 5,931
’24 1,195 1,237 1,373 1,557 5,361
’23 989 1,068 1,189 1,361 4,606
’22 1,063 1,111 1,128 1,300 4,602
’21 770 982 1,067 1,298 4,117
’20 462 454 679 911 2,507
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 327 176 — — —
’25 152 88 146 270 656
’24 88 (21) 116 231 413
’23 151 (82) 13 165 247
’22 127 (124) 56 125 185
’21 137 (101) 72 186 293
’20 6 (67) (55) (53) (168)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 286 121 — — —
’25 114 24 93 206 437
’24 38 (73) 72 182 219
’23 103 (119) (61) 111 35
’22 106 (147) 18 78 55
’21 126 (116) 52 161 223
’20 (5) (82) (70) (69) (225)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.7
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Price, $
Price, $ Low — 11.28 4.82 5.35 7.89 42.96 7.33 7.86 8.29 6.90 (6.0%) ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡
High — 29.44 21.22 18.36 54.71 83.34 47.71 17.90 17.75 13.28 (9.5%) ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡
People
People Employees 1,859 3,069 2,884 3,195 3,863 5,661 5,288 5,289 4,911 5,261 +12.3% ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡
Revenue/emp, $m 0.22 0.27 0.41 0.54 0.65 0.73 0.87 0.87 1.09 1.13 +20.1% ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡
Income, $m
Income, $m Revenue 404 825 1,180 1,716 2,507 4,117 4,602 4,606 5,361 5,931 +34.8% 6,811 7,533 8,173 +11.3%
Gross margin, % (11.66) 13.03 32.33 47.78 52.82 57.49 60.55 54.10 53.85 54.99 +66.7 pt
EBT (522) (3,463) (1,253) (1,033) (926) (474) (1,401) (1,294) (672) (451) (1.6%)
EBT margin, % (128.99) (419.83) (106.18) (60.23) (36.95) (11.52) (30.44) (28.10) (12.54) (7.61) +121.4 pt
Net income (515) (3,445) (1,256) (1,034) (945) (488) (1,430) (1,322) (698) (460) (1.2%)
Depreciation 29 61 92 105 168 123 209 176 167 171 +21.7%
Per share, $
Per share, $ Revenue 0.50 0.71 0.91 1.25 1.72 2.64 2.86 2.86 3.23 3.50 +24.1%
Earnings (0.64) (2.95) (0.97) (0.75) (0.65) (0.31) (0.89) (0.82) (0.42) (0.27) (9.1%)
Cash flow (0.76) (0.63) (0.53) (0.22) (0.12) 0.19 0.11 0.15 0.25 0.39 n/m
Capex (0.08) (0.07) (0.09) (0.03) (0.04) (0.04) (0.08) (0.13) (0.12) (0.13) +5.0%
Free cash flow (0.84) (0.70) (0.62) (0.25) (0.15) 0.14 0.03 0.02 0.13 0.26 n/m
Book value 1.88 2.57 1.78 1.64 1.60 2.43 1.60 1.50 1.48 1.35 (3.6%)
Shares, m 808 1,166 1,301 1,375 1,456 1,559 1,608 1,613 1,659 1,695 +8.6%
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0
P/S 48.89 21.13 6.07 13.09 29.08 17.81 3.09 5.65 3.33 2.31 15.0
P/B 13.02 5.83 3.10 9.94 31.28 19.34 5.52 10.78 7.29 5.99 11.2
EV/Sales 46.45 18.66 4.99 12.41 28.75 17.47 3.06 5.71 3.38 2.41 14.3
EV/FCF (27.70) (18.60) (7.17) (60.46) (305.28) 338.64 314.93 1,086.31 87.17 33.45 144.1
Cash, $m
Cash, $m Operating cash flow (611) (735) (690) (305) (168) 293 185 247 413 656 n/m
Capex (67) (85) (120) (36) (58) (70) (129) (212) (195) (219) +14.1%
Free cash flow (678) (819) (810) (341) (225) 223 55 35 219 437 n/m
Balance, $m
Balance, $m Working capital 1,023 2,021 1,383 2,144 2,671 4,002 4,041 3,842 3,663 3,298 +13.9%
Total debt 15 16 17 934 1,716 2,305 3,789 3,749 3,644 3,537 +83.5%
Net debt (972) (2,027) (1,262) (1,179) (821) (1,388) (151) 205 268 596 n/m
Shareholders’ equity 1,519 2,992 2,311 2,260 2,330 3,790 2,581 2,414 2,451 2,281 +4.6%
Returns, %
Returns, % ROA (38.67) (133.94) (40.94) (30.74) (20.91) (7.77) (18.37) (16.53) (8.78) (5.90) +32.8 pt
ROIC (59.51) (225.68) (75.58) (63.80) (35.71) (18.27) (35.89) (33.37) (18.10) (11.56) +47.9 pt
ROE (45.08) (152.73) (47.36) (45.23) (41.17) (15.95) (44.88) (52.95) (28.69) (19.46) +25.6 pt
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Snap Inc. vs peers in Internet Content & Information (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
BIDU Baidu, Inc. $21.7B — (loss-making) 15.0× +1.09% (above 0%: growing) −69.18% (below 0%: shrinking) −128.87% (below 0%: shrinking) 39.03% 9.66% Compare
PINS Pinterest, Inc. $11.3B 55.1× 53.6× +18.17% (above 0%: growing) n/m +37.24% (above 0%: growing) 78.18% (4.68%) Compare
MTCH Match Group Inc. $9.8B 13.8× 16.4× −1.23% (below 0%: shrinking) +43.14% (above 0%: growing) +52.63% (above 0%: growing) 76.06% 28.77% Compare
SNAP Snap Inc. $9.6B — (loss-making) — (loss-making) +18.89% (above 0%: growing) n/m +406.61% (above 0%: growing) 58.23% (10.68%)
Z Zillow Group, Inc. $7.0B 140× 139× +17.86% (above 0%: growing) n/m −179.07% (below 0%: shrinking) 72.80% (1.30%) Compare
ZG Zillow Group, Inc. $7.0B 145× 65.3× +17.86% (above 0%: growing) n/m −179.07% (below 0%: shrinking) 72.80% (1.30%) Compare
BZ KANZHUN LIMITED Sponsored ADR $6.2B 11.4× 10.8× +20.45% (above 0%: growing) +186.36% (above 0%: growing) −2.17% (below 0%: shrinking) 86.97% 35.99% Compare
TME Tencent Music Entertainment Group Sponsored ADR $5.3B 10.2× 9.9× +11.80% (above 0%: growing) +4.55% (above 0%: growing) +83.69% (above 0%: growing) 44.19% 29.69% Compare
BILI Bilibili Inc. Sponsored ADR $4.4B 23.9× 24.0× +15.10% (above 0%: growing) +71.43% (above 0%: growing) +130.65% (above 0%: growing) 37.22% 4.70% Compare
Median of peers $7.0B 23.9× 20.2× +16.48% +43.14% +17.54% 72.80% 7.18%

All 68 Internet Content & Information stocks →

Snap Inc. (SNAP) Latest News

30 Oct

Impact 3 ·
stockrow.com/SNAP · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com