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Snap (SNAP) Net Margin %

: -18.24% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. Snap's Net Income for the three months ended in Dec. 2023 was $-248 Mil. Snap's Revenue for the three months ended in Dec. 2023 was $1,361 Mil. Therefore, Snap's net margin for the quarter that ended in Dec. 2023 was -18.24%.

The historical rank and industry rank for Snap's Net Margin % or its related term are showing as below:

SNAP' s Net Margin % Range Over the Past 10 Years
Min: -635.65   Med: -60.25   Max: -11.85
Current: -28.71


SNAP's Net Margin % is ranked worse than
73.93% of 583 companies
in the Interactive Media industry
Industry Median: -1.55 vs SNAP: -28.71

Snap Net Margin % Historical Data

The historical data trend for Snap's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Snap Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only -60.25 -37.69 -11.85 -31.07 -28.71

Snap Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -22.19 -33.25 -35.34 -30.98 -18.24

Competitive Comparison

For the Internet Content & Information subindustry, Snap's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Snap Net Margin % Distribution

For the Interactive Media industry and Communication Services sector, Snap's Net Margin % distribution charts can be found below:

* The bar in red indicates where Snap's Net Margin % falls into.



Snap Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Snap's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-1322.485/4606.115
=-28.71 %

Snap's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-248.247/1361.287
=-18.24 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Snap  (NYSE:SNAP) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Snap Net Margin % Related Terms

Thank you for viewing the detailed overview of Snap's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Snap (SNAP) Business Description

Address
3000 31st Street, Santa Monica, CA, USA, 90405
Snap, which refers to itself as a camera company, has one of the most popular social networking apps, Snapchat, in developed regions such as North America and Europe. Snap generates nearly all its revenue from advertising with 70% coming from North America. The firm is headquartered in Venice, California.
Executives
Rebecca Morrow officer: CAO and Controller C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Derek Andersen officer: Chief Financial Officer C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Michael J. O'sullivan officer: General Counsel C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Eric Young officer: SVP of Engineering 3000 31ST STREET, SANTA MONICA CA 90405
Robert C. Murphy director, officer: Chief Technology Officer C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Evan Spiegel director, officer: Chief Executive Officer C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Jerry James Hunter officer: Senior VP, Engineering 3000 31ST STREET, SANTA MONICA CA 90405
Patrick Spence director C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101
Poppy Thorpe director C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Jeremi Gorman officer: Chief Business Officer C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Joanna Coles director C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Fidel Vargas director 3000 31ST STREET, C/O SNAP INC, SANTA MONICA CA 90405
Jared Grusd officer: Chief Strategy Officer C/O SNAP INC., 2772 DONALD DOUGLAS LOOP NORTH, SANTA MONICA CA 90405
Elizabeth Jenkins director C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Michael Lynton director 2000 AVENUE OF THE STARS 12TH FL, LOS ANGELES CA 90067