Snapchat Is Still Burning Money

Snap's Quarterly Figures

Snap just reported its financials for the second quarter and its losses have continued to widen. Even though the company behind the Snapchat photo app saw its revenue rise 153 percent on the same period last year to $181.7 million, its losses nearly quadrupled to $443 million. The quarterly losses came to about $0.16 per share, outpacing analysts' expectations of $0.10 per share. The figures triggered a slide in Snap's stock price which fell nearly 13 percent in after hours trading.

Infographic: Snapchat Is Still Burning Money | Statista

Description

This chart shows revenue and net loss of Snap.

Report

Download Chart

URL to be used as reference link:

https://www.statista.com/chart/7917/snap-revenue-and-net-loss/

HTML code to embed chart

<a href="https://www.statista.com/chart/7917/snap-revenue-and-net-loss/" title="Infographic: Snapchat Is Still Burning Money  | Statista"><img src="https://cdn.statcdn.com/Infographic/images/normal/7917.jpeg" alt="Infographic: Snapchat Is Still Burning Money  | Statista" width="100%" height="auto" style="width: 100%; height: auto !important; max-width:960px;-ms-interpolation-mode: bicubic;"/></a> You will find more infographics at <a href="https://www.statista.com/chartoftheday/">Statista</a>

Picnic Online Supermarket: net loss 2022-2023

U.S. Snapchat social network revenue 2016-2023

Roblox Corporation global net loss 2018-2023

Ocado Group net loss worldwide 2018-2023

Take-Two Interactive annual mobile gaming company revenue and net loss FY 2023

DoorDash net loss 2019-2023

Related Infographics

Internet

U.S. Government Budget

Japanese economy

IMF

Gen Z

FAQ

The Statista "Chart of the Day", made available under the Creative Commons License CC BY-ND 3.0, may be used and displayed without charge by all commercial and non-commercial websites. Use is, however, only permitted with proper attribution to Statista. When publishing one of these graphics, please include a backlink to the respective infographic URL. More Information
The Statista "Chart of the Day" currently focuses on two sectors: "Media and Technology", updated daily and featuring the latest statistics from the media, internet, telecommunications and consumer electronics industries; and "Economy and Society", which current data from the United States and around the world relating to economic and political issues as well as sports and entertainment.
For individual content and infographics in your Corporate Design, please visit our agency website www.statista.design

Any more questions?

Get in touch with us quickly and easily.
We are happy to help!

Do you still have questions?

Feel free to contact us anytime using our contact form or visit our FAQ page.

Statista Content & Design

Need infographics, animated videos, presentations, data research or social media charts?

More Information

Snapchat Is Still Burning Money

Snap's Quarterly Figures