Snap Inc generated a global annual net loss of 1.3 billion U.S. dollars in 2023. Additionally, in 2017, the camera and social media company incurred losses of over 3.4 billion U.S. dollars. Snapchat generated an annual revenue of 2.9 billion U.S. dollars in the most recently reported financial year.
Global annual net loss of Snap from 2015 to 2023
(in million U.S. dollars)
The company was originally named Snapchat Inc. upon its inception, but it was rebranded on September 24, 2016 as Snap Inc. in order to include the Spectacles product under a single company.
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Snap Inc.. (February 7, 2024). Global annual net loss of Snap from 2015 to 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/668190/snapchat-annual-net-income-loss/
Snap Inc.. "Global annual net loss 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/668190/snapchat-annual-net-income-loss/
Snap Inc.. (2024). Global annual net loss of Snap from 2015 to 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/668190/snapchat-annual-net-income-loss/
Snap Inc.. "Global Annual Net Loss of Snap from 2015 to 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 7 Feb 2024, https://www.statista.com/statistics/668190/snapchat-annual-net-income-loss/
Snap Inc., Global annual net loss of Snap from 2015 to 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/668190/snapchat-annual-net-income-loss/ (last visited December 21, 2024)
Global annual net loss of Snap from 2015 to 2023 (in million U.S. dollars) [Graph], Snap Inc., February 7, 2024. [Online]. Available: https://www.statista.com/statistics/668190/snapchat-annual-net-income-loss/