Snap Inc.
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Evan Thomas Spiegel
- Full Time Employees
- 5,261
- Sector
- Technology services
- Industry
- Packaged software
- Address
- 3000 31st Street Santa Monica CA United States 90405
- IPO Date
- Mar 2, 2017
- CIK
- 0001564408
- Website
- snap.com
- Similar Companies
- Business
- Snap Inc. (SNAP) operates as a technology company focused on camera and visual messaging platforms that enable self-expression, augmented reality experiences, and social interaction. Founded in 2011 and headquartered in Santa Monica, California, the company offers core products including Snapchat, a multimedia mobile application featuring camera tools, disappearing messages, Stories, Spotlight, Snap Map, Lenses, AR ad capabilities, and chat functions; Spectacles, developer editions of AR smartglasses that record circular videos and integrate with Snapchat; Bitmoji, a platform for personalized avatar stickers; Lens Studio, an augmented reality creation tool; and advertising services such as sponsored Lenses and filters. Snap serves a global user base exceeding 477 million daily active users, primarily younger demographics, with operations spanning North America, Europe, and international markets including an office in London. In recent developments, Snap Inc. announced a $400 million partnership with Perplexity AI in November 2025 to integrate conversational AI search into Snapchat's chat interface starting in 2026; reported third-quarter 2025 revenue of $1.507 billion, up 10% year-over-year, with daily active users rising 8% to 477 million; issued $1.5 billion in post-IPO debt in February 2025 to fund projects and manage obligations; and reduced its workforce by 10% in February 2024 to enhance in-person collaboration following prior cuts.
Company News
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Snap stock falls 10% as revenue and user growth miss estimates
Snap Inc. (SNAP) Q3 2026 Earnings Call Transcript
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Snap Q3: The Potential Is There - The Conviction Isn't
Snapchat surpasses 30M paid subscribers
Snap Stock Dives After Q3 Earnings — Here's Why
Snap shares fall over 10% on third-quarter earnings miss
Snap Inc. Announces Third Quarter 2026 Financial Results
Snap Likely To Report Higher Q3 Revenue; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Attorney Mark Lanier Calls for Social Media Companies to Make Meaningful Changes in Wake of Meta, Snap Settlements
Snap settles US social media trial days after Meta