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Snap Inc. (SNAP) Financials

SNAP
Trailing 12 months to June 30, 2026
Revenue $6.4B +12.6% YoY
Net Income -$311.2M +43.0% YoY
EPS (Diluted) -$0.18 +43.8% YoY
Free Cash Flow $705.5M +79.8% YoY
Market Cap $11.0B as of Oct 14, 2026
Price / Sales 1.7x on $6.4B revenue, trailing 12 months to June 30, 2026
Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026
Price / Book 5.7x on $1.9B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 14, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 4, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SNAP SEC filings page.

Snap Inc. (SNAP) reported $6.4B in revenue over the twelve months to Jun 30, 2026, up 12.6% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI SNAP FY2025

Snap's cash generation is improving faster than profitability, while leverage and a lower reported gross-margin structure remain embedded in the business.

In FY2025, operating cash flow reached $656M despite a net loss of $460M, so reported cash generation is running ahead of accounting earnings rather than being funded by profitability. After $219M of capital spending, free cash flow was $437M, indicating that current cash conversion is not being consumed by heavy reinvestment.

Reported gross margin dropped sharply in FY2024 and stayed near 55.0% in FY2025, making the lower gross-profit structure look embedded rather than temporary. Operating margin improved from -30.4% in FY2023 to -9.0% in FY2025, showing that expense absorption improved even though the gross-margin reset was not reversed.

Liquidity looks substantial on a 3.6x current ratio, but leverage remained 1.5x debt to equity in FY2025. Equity fell from $2.45B in FY2024 to $2.28B in FY2025, so stronger cash flow has not yet rebuilt the balance-sheet cushion alongside continued share repurchases.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity CashFlow Returns 50 / 100
Financial Health Score 50/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Snap Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability
28

Snap Inc. has an operating margin of -9.0%, meaning the company loses $9 on every $100 of revenue. This results in a profitability score of 28/100. This is up from -14.7% the prior year.

Growth
73

Snap Inc.'s revenue grew 10.6% year-over-year to $5.9B, a solid pace of expansion. This earns a growth score of 73/100.

Leverage
37

Snap Inc. has a moderate D/E ratio of 1.53. This balance of debt and equity financing earns a leverage score of 37/100.

Liquidity
84

With a current ratio of 3.56, Snap Inc. holds $3.56 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 84/100.

Cash Flow
45

Snap Inc. has a free cash flow margin of 7.4%, earning a moderate score of 45/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns
31

Snap Inc. posts a -20.2% return on equity (ROE), meaning it loses $20 for every $100 of shareholders' equity. This results in a returns score of 31/100. This is up from -28.5% the prior year.

Altman Z-Score Distress
-0.26

Snap Inc. scores -0.26, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($11.0B) relative to total liabilities ($5.4B). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral
6/9

Snap Inc. passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Mixed
N/A

Snap Inc. reported a net loss of $460.5M while generating $656.2M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Interest Coverage At Risk
N/A

Snap Inc. reported an operating loss of $532.2M against $122.0M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

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Earnings & Revenue

Revenue
$1.6B
YoY+18.9%
QoQ+4.6%
5Y CAGR+10.2%
10Y CAGR+36.4%

Snap Inc. generated $1.6B in revenue in Q2 2026. This represents an increase of 18.9% from the same quarter a year earlier. Against the prior quarter it is up 4.6%.

EBITDA
-$123.8M
YoY+43.6%
QoQ-316.0%

Snap Inc.'s EBITDA was -$123.8M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 43.6% from the same quarter a year earlier. Against the prior quarter it is down 316.0%.

Net Income
-$164.0M
YoY+37.6%
QoQ-84.3%

Snap Inc. reported -$164.0M in net income in Q2 2026. This represents an increase of 37.6% from the same quarter a year earlier. Against the prior quarter it is down 84.3%.

EPS (Diluted)
-$0.10
YoY+37.5%
QoQ-100.0%

Snap Inc. earned -$0.10 per diluted share (EPS) in Q2 2026. This represents an increase of 37.5% from the same quarter a year earlier. Against the prior quarter it is down 100.0%.

Cash & Balance Sheet

Free Cash Flow
$120.5M
YoY+406.6%
QoQ-57.9%

Snap Inc. generated $120.5M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 406.6% from the same quarter a year earlier. Against the prior quarter it is down 57.9%.

Cash & Debt
$958.8M
YoY+3.6%
QoQ-9.7%
5Y CAGR-14.1%
10Y CAGR+5.0%

Snap Inc. held $958.8M in cash against $3.4B in long-term debt as of Q2 2026.

Shares Outstanding
1.73B
YoY-0.1%
QoQ-0.9%

Snap Inc. had 1.73B shares outstanding in Q2 2026. This represents a decrease of 0.1% from the same quarter a year earlier. Against the prior quarter it is down 0.9%.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin
58.2%
YoY+6.8pp
QoQ+1.7pp
5Y change+3.5pp
10Y change+90.2pp

Snap Inc.'s gross margin was 58.2% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 6.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.7 percentage points.

Operating Margin
-10.7%
YoY+8.6pp
QoQ-5.8pp
5Y change+8.9pp

Snap Inc.'s operating margin was -10.7% in Q2 2026, reflecting core business profitability. This is up 8.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 5.8 percentage points.

Net Margin
-10.3%
YoY+9.3pp
QoQ-4.4pp
5Y change+5.2pp

Snap Inc.'s net profit margin was -10.3% in Q2 2026, showing the share of revenue converted to profit. This is up 9.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 4.4 percentage points.

Return on Equity
-8.5%
YoY+4.2pp
QoQ-4.2pp
5Y change-3.3pp

Snap Inc.'s ROE was -8.5% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 4.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 4.2 percentage points.

Capital Allocation

R&D Spending
$542.1M
YoY+22.3%
QoQ+13.3%
5Y CAGR+7.9%
10Y CAGR+31.1%

Snap Inc. invested $542.1M in research and development in Q2 2026. This represents an increase of 22.3% from the same quarter a year earlier. Against the prior quarter it is up 13.3%.

Share Buybacks
$250.5M
YoY+2.9%
QoQ-28.5%

Snap Inc. spent $250.5M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 2.9% from the same quarter a year earlier. Against the prior quarter it is down 28.5%.

Capital Expenditures
$55.7M
YoY-13.9%
QoQ+36.6%
5Y CAGR+30.7%
10Y CAGR+13.0%

Snap Inc. invested $55.7M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 13.9% from the same quarter a year earlier. Against the prior quarter it is up 36.6%.

SNAP Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SNAP quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Revenue$1.6B+18.9%$1.5B+12.1%$1.7B+10.2%$1.5B+9.8%$1.3B+8.7%$1.4B+14.1%$1.6B+14.4%$1.4B+15.5%
Cost of Revenue$667.9M+2.2%$665.2M+4.0%$702.4M+4.6%$674.2M+5.5%$653.3M+10.9%$639.6M+11.3%$671.7M+182.1%$638.9M+15.0%
Gross Profit$931.1M+34.6%$863.5M+19.3%$1.0B+14.5%$832.6M+13.5%$691.6M+6.8%$723.6M+16.7%$885.6M-59.4%$733.7M+15.9%
R&D Expenses$542.1M+22.3%$478.3M+12.8%$472.7M+11.8%$453.4M+9.8%$443.3M+9.1%$424.2M-5.7%$422.9M-12.5%$412.8M-16.5%
SG&A Expenses$261.3M+4.5%$220.7M-6.2%$242.3M+0.4%$251.3M+13.7%$250.1M+9.1%$235.4M+3.5%$241.3M+5.3%$221.0M0.0%
Operating Income-$170.7M+34.3%-$74.4M+61.6%$49.7M+285.0%-$128.4M+25.9%-$259.7M-2.2%-$193.8M+41.8%-$26.9M+89.2%-$173.2M+54.4%
EBITDA-$123.8M+43.6%-$29.8M+80.9%$93.1M+632.8%-$85.8M+36.1%-$219.7M-1.7%-$156.1M+46.4%$12.7M+106.5%-$134.4M+60.3%
Interest Expense$36.9M+33.8%$36.8M+57.1%$36.5M+527.9%$34.5M+486.3%$27.6M+439.9%$23.4M+393.3%$5.8M+10.2%$5.9M+6.6%
Income Tax$2.5M-67.7%$3.2M-62.1%-$7.2M-240.4%$510K-93.9%$7.7M+47.3%$8.4M+21.6%$5.2M+57.7%$8.3M+42.5%
Net Income-$164.0M+37.6%-$89.0M+36.3%$45.2M+396.7%-$103.5M+32.4%-$262.6M-5.6%-$139.6M+54.2%$9.1M+103.7%-$153.2M+58.4%
EPS (Basic)-$0.10+37.5%-$0.05+37.5%$0.03+200.0%-$0.06+33.3%-$0.16-6.7%-$0.08+57.9%$0.01+106.7%-$0.09+60.9%
EPS (Diluted)-$0.10+37.5%-$0.05+37.5%$0.03-$0.06+33.3%-$0.16-6.7%-$0.08+57.9%$0.01-$0.09+60.9%
Diluted Shares (Avg)1.66B-0.7%1.69B-0.5%N/A1.70B+2.0%1.67B+1.8%1.70B+3.0%N/A1.66B+2.3%

SNAP Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SNAP quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Total Assets$7.5B+1.0%$7.5B-1.2%$7.7B-3.3%$7.6B-0.2%$7.4B-0.3%$7.6B+5.9%$7.9B-0.4%$7.6B-1.7%
Current Assets$4.2B-1.8%$4.3B-6.5%$4.6B-6.6%$4.5B-2.4%$4.3B-3.1%$4.6B+9.3%$4.9B-1.4%$4.6B-5.9%
Cash & Equivalents$958.8M+3.6%$1.1B+16.5%$1.0B-1.5%$953.3M-1.2%$926.0M-12.7%$911.2M-14.1%$1.0B-41.2%$965.0M-19.5%
Short-Term Investments$1.7B-13.5%$1.8B-23.3%$1.9B-18.0%$2.0B-8.4%$2.0B-2.7%$2.3B+24.0%$2.3B+32.1%$2.2B-7.7%
Accounts Receivable$1.2B+6.2%$1.2B+2.6%$1.4B+1.8%$1.2B+4.4%$1.2B+2.0%$1.2B+4.4%$1.3B+5.5%$1.2B+7.1%
Long-Term Investments$0$0$0$0$0$0$0$0
Goodwill$1.8B+3.4%$1.8B+3.7%$1.7B+1.8%$1.7B+1.6%$1.7B+1.7%$1.7B0.0%$1.7B-0.1%$1.7B+0.1%
Total Liabilities$5.5B+4.0%$5.4B+2.6%$5.4B-1.6%$5.4B-0.6%$5.3B-0.4%$5.3B+4.8%$5.5B-1.2%$5.4B+2.9%
Current Liabilities$1.4B+29.9%$1.2B+14.1%$1.3B+3.5%$1.2B+7.4%$1.1B-0.8%$1.1B-4.3%$1.2B+9.6%$1.1B+12.6%
Non-Current Liabilities$4.1B-2.8%$4.2B-0.2%$4.1B-3.1%$4.1B-2.7%$4.2B-0.3%$4.2B+7.4%$4.2B-4.0%$4.2B+0.6%
Long-Term Debt$3.4B-5.4%$3.5B-2.5%$3.5B-3.3%$3.5B-4.1%$3.6B-1.7%$3.6B+8.3%$3.6B-3.8%$3.6B-2.8%
Total Equity$1.9B-6.9%$2.1B-9.8%$2.3B-6.9%$2.2B+0.8%$2.1B+0.1%$2.3B+8.4%$2.5B+1.5%$2.2B-11.3%
Retained Earnings-$14.8B-8.5%-$14.4B-9.5%-$13.9B-9.5%-$13.7B-7.8%-$13.6B-8.3%-$13.1B-7.1%-$12.7B-8.6%-$12.7B-12.9%

Not reported in any period shown, so not listed: Inventory.

SNAP Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SNAP quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Operating Cash Flow$176.2M+99.1%$326.8M+115.5%$269.6M+16.9%$146.5M+26.4%$88.5M+514.0%$151.6M+71.6%$230.6M+40.1%$115.9M+806.6%
Depreciation & Amortization$46.9M+17.3%$44.7M+18.5%$43.4M+9.6%$42.5M+9.4%$40.0M+5.5%$37.7M-9.6%$39.6M-24.4%$38.9M-5.7%
Stock-Based Compensation$263.2M+4.5%$250.0M+1.1%N/A$260.4M+0.1%$251.9M-2.9%$247.3M-6.2%N/A$260.2M-27.3%
Capital Expenditures$55.7M-13.9%$40.8M+9.6%$64.0M+32.6%$53.0M+20.4%$64.7M+24.3%$37.2M-26.2%$48.3M-10.1%$44.0M-40.0%
Free Cash Flow$120.5M+406.6%$286.0M+150.0%$205.6M+12.7%$93.4M+30.1%$23.8M+132.4%$114.4M+201.8%$182.4M+64.5%$71.8M+218.4%
Investing Cash Flow-$24.2M-111.2%$57.3M+1979.2%$62.8M+142.2%-$107.9M+51.6%$215.4M+200.5%$2.8M+102.1%-$148.8M-123.9%-$222.8M-604.9%
Financing Cash Flow-$254.9M+12.4%-$352.1M-22.0%-$256.5M-$12.0M-216.6%-$291.1M-222.9%-$288.5M+57.3%$0+100.0%$10.3M+198.7%
Share Buybacks$250.5M+2.9%$350.5M+36.3%$250.3M$0$243.5M+220.5%$257.1M+9.4%$0-100.0%$0

Not reported in any period shown, so not listed: Dividends Paid.

SNAP Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SNAP quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Gross Margin58.2%+6.8pp56.5%+3.4pp59.1%+2.2pp55.3%+1.8pp51.4%-1.0pp53.1%+1.2pp56.9%53.4%+0.2pp
Operating Margin-10.7%+8.6pp-4.9%+9.3pp2.9%+4.6pp-8.5%+4.1pp-19.3%+1.2pp-14.2%+13.7pp-1.7%+16.5pp-12.6%+19.4pp
Net Margin-10.3%+9.3pp-5.8%+4.4pp2.6%+2.1pp-6.9%+4.3pp-19.5%+0.6pp-10.2%+15.3pp0.6%+18.8pp-11.2%+19.8pp
Return on Equity-8.5%+4.2pp-4.3%+1.8pp2.0%+1.6pp-4.7%+2.3pp-12.7%-0.7pp-6.0%+8.3pp0.4%+10.7pp-6.9%+7.8pp
Return on Assets-2.2%+1.4pp-1.2%+0.6pp0.6%+0.5pp-1.4%+0.6pp-3.5%-0.2pp-1.8%+2.4pp0.1%+3.2pp-2.0%+2.8pp
Current Ratio2.94-0.9x3.53-0.8x3.56-0.4x3.67-0.4x3.88-0.1x4.30+0.5x3.95-0.4x4.04-0.8x
Debt-to-Equity1.750.0x1.67+0.1x1.53+0.1x1.57-0.1x1.730.0x1.550.0x1.47-0.1x1.65+0.1x
Asset Turnover0.210.0x0.200.0x0.220.0x0.200.0x0.180.0x0.180.0x0.200.0x0.180.0x
FCF Margin7.5%+5.8pp18.7%+10.3pp12.0%+0.3pp6.2%+1.0pp1.8%+7.7pp8.4%+5.2pp11.7%+3.6pp5.2%+10.3pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
Snap Inc. SNAP FY2025 $5.9B -$460.5M -7.8% $11.0B 50/100
KANZHUN LIMITED BZ FY2025 $1.2B $391.1M 33.1% $7.0B 76/100
Bilibili Inc. BILI FY2025 $4.3B $170.7M 3.9% $6.3B 58/100
Pinterest, Inc. PINS FY2025 $4.2B $416.9M 9.9% $12.1B 70/100
ZILLOW GROUP INC ZG FY2025 $2.6B $23.0M 0.9% $6.5B 57/100
Nebius Group N.V. NBIS FY2025 $529.8M $82.5M 15.6% $57.1B 61/100

Frequently Asked Questions

What is Snap Inc.'s annual revenue?

Snap Inc. (SNAP) reported $5.9B in total revenue for fiscal year 2025. This represents a 10.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Snap Inc.'s revenue growing?

Snap Inc. (SNAP) revenue grew by 10.6% year-over-year, from $5.4B to $5.9B in fiscal year 2025.

Is Snap Inc. profitable?

No, Snap Inc. (SNAP) reported a net income of -$460.5M in fiscal year 2025, with a net profit margin of -7.8%.

Snap Inc. (SNAP) reported diluted earnings per share of -$0.27 for fiscal year 2025. This represents a 35.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Snap Inc. (SNAP) had EBITDA of -$368.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, Snap Inc. (SNAP) had $1.0B in cash and equivalents against $3.5B in long-term debt.

Snap Inc. (SNAP) had a gross margin of 55.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Snap Inc. (SNAP) had an operating margin of -9.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Snap Inc. (SNAP) had a net profit margin of -7.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Snap Inc. (SNAP) has a return on equity of -20.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Snap Inc. (SNAP) generated $437.2M in free cash flow during fiscal year 2025. This represents a 99.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Snap Inc. (SNAP) generated $656.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Snap Inc. (SNAP) had $7.7B in total assets as of fiscal year 2025, including both current and long-term assets.

Snap Inc. (SNAP) invested $219.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Snap Inc. (SNAP) invested $1.8B in research and development during fiscal year 2025.

Yes, Snap Inc. (SNAP) spent $750.9M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Snap Inc. (SNAP) had 1.76B shares outstanding as of fiscal year 2025.

Snap Inc. (SNAP) had a current ratio of 3.56 as of fiscal year 2025, which is generally considered healthy.

Snap Inc. (SNAP) had a debt-to-equity ratio of 1.53 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Snap Inc. (SNAP) had a return on assets of -6.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Snap Inc. (SNAP) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $11.0B as of Oct 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Snap Inc. (SNAP) trades at 1.7x sales, its market capitalization divided by revenue of $6.4B revenue, trailing 12 months to June 30, 2026. The market capitalization is $11.0B as of Oct 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Snap Inc. (SNAP) has an Altman Z-Score of -0.26, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Snap Inc. (SNAP) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Snap Inc. (SNAP) reported a net loss of $460.5M while generating $656.2M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Snap Inc. (SNAP) reported an operating loss of $532.2M against $122.0M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Snap Inc. (SNAP) scores 50 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

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