About snap inc. - SNAP
SNAP At a Glance
| Phone | 1-310-399-3339 | Revenue | 4.61B | |
| Industry | Packaged Software | Net Income | -1,322,485,000.00 | |
| Sector | Technology Services | 2023 Sales Growth | 0.093% | |
| Fiscal Year-end | 12 / 2024 | Employees | 5,289 | |
| View SEC Filings |
SNAP Valuation
| P/E Current | N/A |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | N/A |
| Price to Sales Ratio | 5.927 |
| Price to Book Ratio | 11.54 |
| Price to Cash Flow Ratio | 110.74 |
| Enterprise Value to EBITDA | -22.847 |
| Enterprise Value to Sales | 6.101 |
| Total Debt to Enterprise Value | 0.155 |
SNAP Efficiency
| Revenue/Employee | 870,885.801 |
| Income Per Employee | -250,044.432 |
| Receivables Turnover | 3.604 |
| Total Asset Turnover | 0.576 |
SNAP Liquidity
| Current Ratio | 4.387 |
| Quick Ratio | 4.387 |
| Cash Ratio | 3.125 |
SNAP Profitability
| Gross Margin | 50.722 |
| Operating Margin | -30.359 |
| Pretax Margin | -28.102 |
| Net Margin | -28.712 |
| Return on Assets | -16.534 |
| Return on Equity | -52.954 |
| Return on Total Capital | -19.566 |
| Return on Invested Capital | -19.71 |
SNAP Capital Structure
| Total Debt to Total Equity | 179.983 |
| Total Debt to Total Capital | 64.284 |
| Total Debt to Total Assets | 54.532 |
| Long-Term Debt to Equity | 177.94 |
| Long-Term Debt to Total Capital | 63.554 |
Snap Inc. in the News
Biden's attempt to mimic Trump's namecalling backfires after 'Broke Don's' stock soars
President Biden attempted to co-opt former President Trump's penchant for nicknames to little success after his "Broke Don" moniker was beset by the GOP nominee's social media company's stock soaring.
Snap to cut 10% of global workforce
Snap announced that it is cutting some global positions, making it the latest in a growing list of major technology companies to announce layoffs in 2024.
Mother whose son died from drugs bought on social media wants stronger protections for kids
Lisa Neville calls for social media companies to do more to protect kids online after losing her son to fentanyl poisoning due to pills bought from dealer on Snapchat.
'Sextortion' schemes target two out of every three teens, Snap research shows
New research conducted by Snap Inc., which owns the social media app Snapchat, estimates two out of every three teenagers are targeted by "sextortion" schemes.
Tech experts warn Snapchat’s ‘My AI' major ‘misstep’ has ‘dangers ahead’ for children
What are the implications of putting a chatbot in the youngest generations' hands? Industry leaders Joseph Raczynski and Jessica Melugin discuss concerns around Snapchat's My AI.
California school board sues TikTok, Snap, Google over youth mental health crisis
A California school board is suing some social media companies over the content delivered to children and their practices.
Mark Zuckerberg says he's accountable as Meta prepares for layoffs: Report
Meta CEO Mark Zuckerberg on Tuesday said he is accountable for the company's missteps as thousands of employees prepare for layoffs
Netflix hires two top ad executives from Snap to lead ad-supported streaming option
Netflix's hiring of two top Snap executives signals Netflix's commitment on build an ad-supported version of the streaming service.
Snapchat introduces first parental controls, allowing parents see who their teens are messaging
Snapchat released a new parental control tool in its app called Family Center that gives parents a way to monitor who their kids are communicating with.
Secret Service Director James Murray retiring to join Snapchat as chief security officer: report
James Murray, the Director of the Secret Service, is retiring at the end of July to join Snapchat as the company's chief security officer, Reuters reports.