{"schema_version":"secwatch.filing_event.v1","accession":"0001564408-24-000017","form_type":"8-K","ticker":"SNAP","cik":"0001564408","company_name":"Snap Inc","filed_at":"2024-02-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.622642+00:00","generated_at":"2026-06-06T08:06:58.545919+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Snap reports Q4 revenue $1.36B (+5% YoY), DAUs up to 414M; Q1 guidance implies Adj. EBITDA loss","bullets":["Q4 revenue $1,361M (+5% YoY), net loss $248M (improved 14%), adjusted EBITDA $159M (-32% YoY).","DAUs reached 414M (+10% YoY); Snapchat+ subscribers >7M; Spotlight time spent >+175% YoY.","Full-year revenue $4,606M (flat), net loss $1,322M (improved 7%), adjusted EBITDA $162M (-57% YoY).","Q1 2024 guidance: revenue $1,095-1,135M (+11-15%); Adj. EBITDA loss of $55-95M.","Diluted GAAP EPS ($0.15); non-GAAP EPS $0.08 (down 43%). Op. cash flow $165M, FCF $111M (both +YoY)."],"urls":{"canonical":"https://secwatch.observer/filing/0001564408-24-000017","json":"https://secwatch.observer/filing/0001564408-24-000017.json","markdown":"https://secwatch.observer/filing/0001564408-24-000017.md","text":"https://secwatch.observer/filing/0001564408-24-000017.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1564408/000156440824000017/0001564408-24-000017-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1564408/000156440824000017/snap-20240206.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T08:06:58.545919+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":"7aa7059a6e080625a3ba0b978b653b90cbd72df5","claim":"Snap Inc reported quarter and full year ended December 31, 2023 results: revenue Revenue was $4,606 million in 2023, compared to $4,602 million in 2022., net income Net loss was $1,322 million in 2023, compared to $1,430 million in 2022..","evidence_excerpt":"Snap Inc. (NYSE: SNAP) today announced financial results for the quarter and full year ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1564408/000156440824000017/0001564408-24-000017-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter and full year ended December 31, 2023"},{"label":"Revenue","value":"Revenue was $4,606 million in 2023, compared to $4,602 million in 2022."},{"label":"Net income","value":"Net loss was $1,322 million in 2023, compared to $1,430 million in 2022."},{"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"}