Gross Profit for Snap (SNAP)
According to Snap's latest reported financial statements, the company's current gross profit (TTM) is $3.26B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
SNAP
Currently viewingRevenueSwitch metric
TTM (last 4 quarters)
$3.26B
YoY change
+12.9%
5Y CAGR
+19.7%
Peak year (2025)
$3.26B
Cumulative gross profit
$16.26B
Gross Profit history chart for Snap (SNAP) from 2015 to 2025
Gross Profit history table for Snap (SNAP) from 2015 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $3.26B | +12.9% | ||
| 2024 | $2.89B | +15.9% | ||
| 2023 | $2.49B | -10.6% | ||
| 2022 | $2.79B | +17.7% | ||
| 2021 | $2.37B | +78.7% | ||
| 2020 | $1.32B | +61.5% | ||
| 2019 | $819.70M | +114.8% | ||
| 2018 | $381.58M | +255.0% | ||
| 2017 | $107.49M | -327.8% | ||
| 2016 | -$47.18M | -61.9% | ||
| 2015 | -$123.68M | — |
Gross Profit values are taken from Snap's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Snap (SNAP) reported gross profit of $3.26B – grew 12.9% year-over-year.
Snap gross profit has grown for 2 consecutive years, with a +19.7% compound annual growth rate over 2020–2025 (5 years).
The dataset's maximum gross profit sits at $3.26B (2025); the minimum reading of -$123.68M dates to 2015.
Within Communication Services, Snap (SNAP) ranks 9th among 8 peers we track. The peer median for gross profit is $68.69B.
Snap Gross Profit by Year
Snap Gross Profit 2025: $3.26B
Snap gross profit in 2025 was $3.26B, grew 12.9% from 2024. This figure represents the highest annual value in the available history.
Snap Gross Profit 2024: $2.89B
Snap gross profit in 2024 was $2.89B, grew 15.9% from 2023.
Snap Gross Profit 2023: $2.49B
Snap gross profit in 2023 was $2.49B, declined 10.6% below 2022.
Snap Gross Profit 2022: $2.79B
Snap gross profit in 2022 was $2.79B, grew 17.7% from 2021.
Snap Gross Profit 2021: $2.37B
Snap gross profit in 2021 was $2.37B.
See more financial history for Snap (SNAP).
Sector peers — Gross Profit
Companies in the same sector as Snap, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Alphabet Inc. (GOOGL) | $240.43B | Communication Services |
| Meta Platforms, Inc. (META) | $164.79B | Communication Services |
| AT&T Inc. (T) | $100.22B | Communication Services |
| Comcast Corporation (CMCSA) | $74.31B | Communication Services |
| Verizon Communications Inc. (VZ) | $63.08B | Communication Services |
| T-Mobile US, Inc. (TMUS) | $42.07B | Communication Services |
| The Walt Disney Company (DIS) | $35.66B | Communication Services |
| Netflix, Inc. (NFLX) | $21.91B | Communication Services |
Frequently asked questions
What is Snap's gross profit?
- Latest reported gross profit for Snap (SNAP) is $3.26B (period ending December 31, 2025).
How has Snap gross profit changed year-over-year?
- Snap (SNAP) gross profit changed +12.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Snap gross profit?
- Snap (SNAP) gross profit compound annual growth rate is +19.7% over the most recent 5 years available.
When did Snap gross profit hit its highest annual value?
- Snap gross profit reached its highest annual value of $3.26B in 2025.
What was Snap gross profit in 2024?
- Snap (SNAP) gross profit in 2024 was $2.89B.
What was Snap gross profit in 2025?
- Snap (SNAP) gross profit in 2025 was $3.26B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
SNAP Overview
Company profile, financial tools, and key metrics
SNAP Revenue Counter
Earns $188.08 every second. See per minute, hour, and day.
SNAP Earnings Counter
Loses −$14.60 per second. See per minute, hour, and day.
SNAP Economic Scale
Exceeds Eswatini's GDP. Compare with world economies.
SNAP What If Invested
What if you had invested $1,000? See historical returns from any date.
SNAP How It Makes Money
Discover visual breakdown of $5.93B in revenue — where it comes from and where it goes.
SNAP Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
SNAP Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
SNAP Daily Price Character
Explosive · 49.0% historical win rate (green days). Streaks & record days.
SNAP Buybacks
15.91% TTM buyback yield. Shareholder yield & SBC comparison.