Snap Net Income by Quarter: FY Q1 2015 – Q2 2020

The below graph represents the global net income of Snap Inc. by quarter, starting from fiscal Q1 2015 to the recently completed quarter. Surprisingly, the company could never become profitable ever since its inception. In Q2 2020, the total net loss of Snap Inc increased to $325.95 million, from $255.174 million a year ago period.

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The above graph represents the Snap net income by quarter, starting from fiscal Q1 2015 to the recently completed quarter. As the graph shows, the company could never become profitable ever since its inception. The global net loss of Snap Inc increased to $325.95 million in Q2 20202, from $255.174 million a year ago period.

RegionWorldwide
SourceSnap Inc. Financial ReportsSEC Filings
Graph ID520
NoteSnap Inc. fiscal year starts from January 1st

Surprisingly, in Q1 2017, ended March 31st, the quarterly net loss of Snap Inc. skyrocketed to $2,208.8 million ($2.2 billion), from just $104.6 million in net loss the company reported in Q1 2016. The sudden increase in Q1 2017 net loss was primarily due to the 35871.8% YoY increase in Stock-based compensation expense.

The fiscal Q1 2016 was the first time when the social media company’s net loss crossed $100 million mark, globally.

About Snap Inc.

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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