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Operating Income for Snap (SNAP)

According to Snap's latest reported financial statements, the company's current operating income (TTM) is -$532.17M USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

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Snap

SNAP

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TTM (last 4 quarters)

-$532.17M

YoY change

-32.4%

5Y CAGR

N/A

Peak year (2015)

-$381.73M

Cumulative operating income

-$12.44B

Operating Income history chart for Snap (SNAP) from 2015 to 2025

Operating Income history table for Snap (SNAP) from 2015 to 2025

Fiscal yearPeriod endedReportedOperating IncomeYoY
2025-$532.17M-32.4%
2024-$787.29M-43.7%
2023-$1.40B+0.2%
2022-$1.40B+98.7%
2021-$702.07M-18.6%
2020-$862.07M-21.9%
2019-$1.10B-13.0%
2018-$1.27B-63.6%
2017-$3.49B+569.8%
2016-$520.38M+36.3%
2015-$381.73M

Operating Income 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 operating income of -$532.17M – plunged 32.4% year-over-year.

Across the available history, operating income reached its high of -$381.73M in 2015 and its low of -$3.49B in 2017.

Within Communication Services, Snap (SNAP) ranks 9th among 8 peers we track. The peer median for operating income is $22.42B.

Snap Operating Income by Year

Snap Operating Income 2025: -$532.17M

Snap operating income in 2025 was -$532.17M, plunged 32.4% below 2024.

Snap Operating Income 2024: -$787.29M

Snap operating income in 2024 was -$787.29M, plunged 43.7% below 2023.

Snap Operating Income 2023: -$1.40B

Snap operating income in 2023 was -$1.40B, edged up 0.2% from 2022.

Snap Operating Income 2022: -$1.40B

Snap operating income in 2022 was -$1.40B, surged 98.7% from 2021.

Snap Operating Income 2021: -$702.07M

Snap operating income in 2021 was -$702.07M.

See more financial history for Snap (SNAP).

Sector peers — Operating Income

Companies in the same sector as Snap, ranked by their latest operating income.

CompanyOperating IncomeSector
Alphabet Inc. (GOOGL)$129.17BCommunication Services
Meta Platforms, Inc. (META)$83.28BCommunication Services
Verizon Communications Inc. (VZ)$29.26BCommunication Services
AT&T Inc. (T)$24.16BCommunication Services
Comcast Corporation (CMCSA)$20.67BCommunication Services
T-Mobile US, Inc. (TMUS)$18.74BCommunication Services
The Walt Disney Company (DIS)$13.83BCommunication Services
Netflix, Inc. (NFLX)$13.33BCommunication Services

Frequently asked questions

What is Snap's operating income?

Latest reported operating income for Snap (SNAP) is -$532.17M (period ending December 31, 2025).

How has Snap operating income changed year-over-year?

Snap (SNAP) operating income changed -32.4% year-over-year on the latest annual filing.

When did Snap operating income hit its highest annual value?

Snap operating income reached its highest annual value of -$381.73M in 2015.

What was Snap operating income in 2024?

Snap (SNAP) operating income in 2024 was -$787.29M.

What was Snap operating income in 2025?

Snap (SNAP) operating income in 2025 was -$532.17M.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.