The above graph represents the worldwide Snap revenue by quarter, starting from fiscal Q1 2016 to the most recent quarter. Snap revenue in Q3 2019 reached an all-time high of $446.2 million, globally, with a whopping 50% YoY growth. On a quarterly basis, the company recorded nearly 15% growth in its revenue during the third quarter.

SourceSnap Inc. Financial ReportsSEC Filings
Graph ID519
Last Updated24 October 2019
NoteSnap Inc. Fiscal Year – Jan 01 – December 31

As the graph shows, the Snap Inc has been registering a record year-over-year growth in its quarterly revenue over the last few years.

In Q1 2016, the global revenue of Snapchat Inc (now known as Snap Inc) was $38.8 billion, which increased to an astonishing 1,254.7% YoY in Q2 2016, totalling $71.8 million.

One must note that it was Q3 2016 when Snapchat quarterly revenue crossed the $100-million mark for the first time. The company posted nearly $128.2 million in revenue, with a massive 666% YoY growth.

About Snap Inc: Additional Information

Snap Inc. (formally known as Snapchat Inc.) is an American camera company, founded on September 26, 2011, by Reggie Brown, Evan Spiegel and Bobby Murphy.

In the Spring of 2011, Reggie Brown came up with the idea of a disappearing-image messaging app called Picaboo (now known as Snapchat). However, due to the equity distribution issue, Brown later left the company.

In September 2011, the Snapchat app finally went live on the iOS App Store. On October 28, 2012, the company reported over 1 billion snaps being shared on Snapchat app – with over 20 million unique moments shared every day. While on October 29, 2012, the app was made available in the Google Play store for all Android devices.

On September 26, 2016, the name of the company changed from Snapchat Inc. to Snap Inc.

In March 2017, Snap Inc. completed its initial public offerings (IPO), at a price of $17 per share.

The above graph is a part of Dazeinfo GraphFarm – the most trusted source of hundreds of thousands of market graphs. Our team of researchers mines millions of data points every month to bring the most updated and validated set of data points representing the comprehensive view in a graphical format. From mobile to e-commerce, from Retail to healthcare, from startups to SMEs we have carefully designed thousands of graphs for those who value and understand the importance of data visualisation.

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