Snap Q4 revenue flat at $1.3B, net loss $288M; DAUs up 17% to 375M; no Q1 guidance

Snap Inc

2022-FY EPS reported -$0.89 revenue$4,601,847,000

Revenue of $1.30B (flat YoY); full-year revenue $4.60B (+12% YoY).
Net loss $288M in Q4 (vs net income $23M a year ago); full year net loss $1.43B ($0.89 diluted loss per share).
Adjusted EBITDA $233M, down 29% YoY; free cash flow $78M, down 51%.
Daily Active Users 375M (+17% YoY); Snapchat+ subscribers exceeded 2M.
No Q1 2023 revenue or adjusted EBITDA guidance provided due to operating environment uncertainties.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Snap Inc reported the twelve months ended December 31, 2022 results: revenue $4.6 billion, net income $1,430 million, EPS $(0.89).

Period: the twelve months ended December 31, 2022
Revenue: $4.6 billion
Net income: $1,430 million
EPS: $(0.89)
Result: reported results

Exact text from the filing

Annual Financial Summary • Revenue increased 12% to $4.6 billion in 2022, compared to the prior year. • Net loss was $1,430 million in 2022, including restructuring charges of $189 million, compared to $488 million in 2021.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Snap Inc reported the three months ended December 31, 2022 results: revenue $1,300 million, net income $288 million, EPS $(0.18).

Period: the three months ended December 31, 2022
Revenue: $1,300 million
Net income: $288 million
EPS: $(0.18)
Result: reported results

Exact text from the filing

Q4 2022 Financial Summary • Revenue was $1,300 million, compared to $1,298 million in the prior year. • Net loss was $288 million, including restructuring charges of $34 million, compared to net income of $23 million in the prior year.

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

Snap Inc filing history →

Source: SEC EDGAR

accession 0001564408-23-000010

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.