{"schema_version":"secwatch.filing_event.v1","accession":"0001564408-23-000010","form_type":"8-K","ticker":"SNAP","cik":"0001564408","company_name":"Snap Inc","filed_at":"2023-01-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.598658+00:00","generated_at":"2026-06-20T05:23:19.079961+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Snap Q4 revenue flat at $1.3B, net loss $288M; DAUs up 17% to 375M; no Q1 guidance","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001564408-23-000010","json":"https://secwatch.observer/filing/0001564408-23-000010.json","markdown":"https://secwatch.observer/filing/0001564408-23-000010.md","text":"https://secwatch.observer/filing/0001564408-23-000010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1564408/000156440823000010/0001564408-23-000010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1564408/000156440823000010/snap-20230131.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T05:23:19.079961+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2cda0f223af04ba23885f7725596d0768e7efbbc","claim":"Snap Inc reported the twelve months ended December 31, 2022 results: revenue $4.6 billion, net income $1,430 million, EPS $(0.89).","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1564408/000156440823000010/0001564408-23-000010-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the twelve months ended December 31, 2022"},{"label":"Revenue","value":"$4.6 billion"},{"label":"Net income","value":"$1,430 million"},{"label":"EPS","value":"$(0.89)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"414e68fcae2c7557a26896922c79dc467198e077","claim":"Snap Inc reported the three months ended December 31, 2022 results: revenue $1,300 million, net income $288 million, EPS $(0.18).","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1564408/000156440823000010/0001564408-23-000010-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended December 31, 2022"},{"label":"Revenue","value":"$1,300 million"},{"label":"Net income","value":"$288 million"},{"label":"EPS","value":"$(0.18)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}