secwatch.observer — SEC 8-K summary
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Issuer:     Snap Inc (SNAP)
CIK:        0001564408
Form:       8-K
Filed at:   2025-02-04T23:59:59+00:00
Accession:  0001564408-25-000016
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Snap Q4 revenue $1.56B (+14% YoY), net income $9M vs loss a year ago, DAU 453M
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- Q4 revenue $1,557M up 14%; full-year revenue $5,361M up 16% YoY.
- Q4 net income $9M vs net loss $248M in prior year; full-year net loss $698M vs $1,322M.
- Q4 Adjusted EBITDA $276M (+73% YoY); full-year Adj. EBITDA $509M (+215% YoY).
- DAU 453M (+9% YoY); North America 100M flat, Rest of World 254M (+36M).
- Ajit Mohan named Chief Business Officer; Snapchat+ subscribers doubled to 14M in 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1564408/000156440825000016/0001564408-25-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1564408/000156440825000016/snap-20250204.htm
  HTML page:      https://secwatch.observer/filing/0001564408-25-000016

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer