The annual research and development expenditure of Snap Inc in 2023 was 1.9 billion U.S. dollars, down from 2.1 billion U.S. dollars in 2021. This is a decrease around nine percent in R&D for the camera and social media company.
Annual research and development expenditure of Snap from 2015 to 2023
(in million U.S. dollars)
*2017 increase was mainly due to a $1.1 billion increase in stock-based compensation expense primarily due to the recognition of expense related to RSUs with a performance condition satisfied on the effectiveness of the registration statement for Snap's IPO in March 2017
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Snap Inc.. (February 7, 2024). Annual research and development expenditure of Snap from 2015 to 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/668089/annual-snap-research-spend/
Snap Inc.. "Annual research and development expenditure of Snap from 2015 to 2023 (in million U.S. dollars)." Chart. February 7, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/668089/annual-snap-research-spend/
Snap Inc.. (2024). Annual research and development expenditure of Snap from 2015 to 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/668089/annual-snap-research-spend/
Snap Inc.. "Annual Research and Development Expenditure of Snap from 2015 to 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 7 Feb 2024, https://www.statista.com/statistics/668089/annual-snap-research-spend/
Snap Inc., Annual research and development expenditure of Snap from 2015 to 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/668089/annual-snap-research-spend/ (last visited December 21, 2024)
Annual research and development expenditure of Snap from 2015 to 2023 (in million U.S. dollars) [Graph], Snap Inc., February 7, 2024. [Online]. Available: https://www.statista.com/statistics/668089/annual-snap-research-spend/
