---
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"
generated_at: "2026-06-06T08:06:58.545919+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Snap reports Q4 revenue $1.36B (+5% YoY), DAUs up to 414M; Q1 guidance implies Adj. EBITDA loss

## Summary
- 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).

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564408-24-000017
- JSON: https://secwatch.observer/filing/0001564408-24-000017.json
- Plain text: https://secwatch.observer/filing/0001564408-24-000017.txt

## Key facts
- Earnings Releases
  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..
  - Period: quarter and full year ended December 31, 2023
  - 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.
  - Result: reported results
  source text: Snap Inc. (NYSE: SNAP) today announced financial results for the quarter and full year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1564408/000156440824000017/0001564408-24-000017-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.