
Snap Balance Sheet 2021-2011 | SNAP
Brief overview of Snap 's balance sheet structure
The review uses the five latest available annual reports between 2021 and 2025.
The asset base was stable: the change from $7.5 billion to $7.7 billion does not indicate a material increase in scale.
Liabilities grew faster than assets: +44% versus +1.9%. A substantial part of expansion was externally funded.
Equity finances 29.7% of the balance sheet, compared with 50.3% at the start. The cushion remains adequate.
The accumulated result is -$13.9 billion and remains below zero. The number alone does not explain whether losses, dividends or repurchases were the main cause.
Balance sheet takeaway
Taken together, Snap 's balance sheet indicators point to elevated risk. Asset growth does not offset weak funding sources.
Annual Balance Sheet Snap
| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Net Debt |
312 M | 1.17 B | 414 M | -370 M | -318 M | -150 M | -627 M | - | - | - | - |
Long Term Debt |
2.25 B | 1.68 B | 892 M | - | - | - | - | - | - | - | - |
Long Term Debt Current |
52.4 M | 41.1 M | 42.2 M | - | - | - | - | - | - | - | - |
Total Non Current Liabilities |
- | 2.03 B | 1.25 B | 110 M | 83 M | 47.1 M | 18.5 M | - | - | - | - |
Total Current Liabilities |
852 M | 667 M | 500 M | 293 M | 346 M | - | - | - | - | - | - |
Total Liabilities |
3.75 B | 2.69 B | 1.75 B | 403 M | 429 M | 399 M | 175 M | - | - | - | - |
Deferred Revenue |
- | - | 20.1 M | - | - | - | - | - | - | - | - |
Retained Earnings |
-8.28 B | -7.89 B | -6.95 B | -5.91 B | -4.66 B | -2.93 B | -693 M | - | - | - | - |
Total Assets |
7.54 B | 5.02 B | 4.01 B | 2.71 B | 3.42 B | 1.72 B | 939 M | - | - | - | - |
Cash and Cash Equivalents |
1.99 B | 546 M | 520 M | 387 M | 334 M | 163 M | - | - | - | - | - |
Book Value |
3.79 B | 2.33 B | 2.26 B | 2.31 B | 2.99 B | 1.32 B | 764 M | - | - | - | - |
Total Shareholders Equity |
3.79 B | 2.33 B | 2.26 B | 2.31 B | 2.99 B | 1.52 B | - | - | - | - | - |
All numbers in USD currency
Quarterly Balance Sheet Snap
| 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Long Term Debt |
3.49 B | 3.58 B | 3.58 B | 3.64 B | 3.64 B | 3.3 B | - | - | - | - | - | 3.74 B | 3.74 B | 2.25 B | 2.25 B | 2.55 B | 2.25 B | 1.68 B | 1.68 B | 1.68 B | 1.68 B | 892 M | 892 M | 892 M | 892 M | - | - | - | - | 16 M | - | - | - | 15.1 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Liabilities |
5.35 B | 5.33 B | 5.28 B | 5.38 B | 5.35 B | 5.04 B | 5.23 B | 5.16 B | 5.31 B | - | 5.38 B | 5.35 B | 5.38 B | 3.75 B | 3.67 B | 3.91 B | 3.75 B | 2.69 B | 2.62 B | 2.69 B | 1.77 B | 1.75 B | 1.75 B | 1.75 B | 1.75 B | 403 M | 403 M | 403 M | 403 M | 429 M | 429 M | 429 M | 429 M | 204 M | 204 M | 204 M | 204 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Deferred Revenue |
- | - | - | - | - | - | - | - | - | - | - | - | - | 44.5 M | - | - | - | 27.8 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Retained Earnings |
-13.7 B | -13.6 B | -13.1 B | -12.7 B | -12.6 B | -12.3 B | -11.3 B | -10.9 B | -10.5 B | - | -9.43 B | -9.07 B | -8.64 B | -8.28 B | -8.31 B | -8.24 B | -8.28 B | -7.89 B | -7.78 B | -7.89 B | -7.25 B | -6.95 B | -6.95 B | -6.95 B | -6.95 B | -5.91 B | -5.91 B | -5.91 B | -5.91 B | -4.66 B | -4.66 B | -4.66 B | -4.66 B | -1.21 B | -1.21 B | -1.21 B | -1.21 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Assets |
7.58 B | 7.4 B | 7.59 B | 7.59 B | 7.42 B | 7.17 B | 7.72 B | 7.67 B | 7.89 B | - | 8.29 B | 8.79 B | 8.94 B | 7.54 B | 7.11 B | 6.82 B | 7.54 B | 5.02 B | 4.82 B | 5.02 B | 3.9 B | 4.01 B | 4.01 B | 4.01 B | 4.01 B | 2.71 B | 2.71 B | 2.71 B | 2.71 B | 3.42 B | 3.42 B | 3.42 B | 3.42 B | 1.72 B | 1.72 B | 1.72 B | 1.72 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cash and Cash Equivalents |
- | - | - | - | - | - | - | - | - | - | - | 2.3 B | 2.41 B | 1.99 B | 1.97 B | 2.05 B | 1.99 B | 546 M | 546 M | 546 M | 546 M | 520 M | 520 M | 520 M | 520 M | 387 M | 387 M | 387 M | 387 M | 334 M | 334 M | 334 M | 334 M | 150 M | 150 M | 150 M | 150 M | 641 M | - | - | - | 398 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Book Value |
2.23 B | 2.07 B | 2.31 B | 2.21 B | 2.07 B | 2.13 B | 2.49 B | 2.5 B | 2.58 B | - | 2.9 B | 3.44 B | 3.56 B | 3.79 B | 3.44 B | 2.91 B | 3.79 B | 2.33 B | 2.2 B | 2.33 B | 2.12 B | 2.26 B | 2.26 B | 2.26 B | 2.26 B | 2.31 B | 2.31 B | 2.31 B | 2.31 B | 2.99 B | 2.99 B | 2.99 B | 2.99 B | 1.52 B | 1.52 B | 1.52 B | 1.52 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Shareholders Equity |
2.23 B | 2.07 B | 2.31 B | 2.21 B | 2.07 B | 2.13 B | 2.49 B | 2.5 B | 2.58 B | - | 2.9 B | 3.44 B | 3.56 B | 3.79 B | 3.44 B | 2.91 B | 1.71 B | 2.33 B | 2.2 B | 2.19 B | 2.12 B | 2.26 B | 2.32 B | 2.12 B | 2.17 B | 2.31 B | 2.31 B | 2.31 B | 2.31 B | 2.99 B | 2.99 B | 2.99 B | 2.99 B | 1.52 B | 1.52 B | 1.52 B | 1.52 B | 764 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
Balance Sheet is a fundamental financial report of Snap , providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.
For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.
Features of balance sheet analysis- Vertical and horizontal analysis
Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods. - Asset quality
It is important to evaluate not only the amount of assets but also their liquidity and realizability. - Accounting for off-balance sheet liabilities
Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.
Balance sheet of other industry stocks – Social internet
| Issuer | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|
|
Despegar.com, Corp.
DESP
|
- | - | $ 1.59 B | ||
|
JOYY
YY
|
- | -2.53 % | $ 54.4 B | ||
|
IAC/InterActiveCorp
IAC
|
- | - | $ 3.38 B | ||
|
B2B-РТС
BTBR
|
- | - | - | ||
|
Светофор Групп
SVET
|
- | - | - | ||
|
Grubhub Inc.
GRUB
|
- | - | $ 7.39 B | ||
|
Carnival Corporation & plc
CCL
|
$ 24.76 | 0.18 % | $ 32.5 B | ||
|
BlueCity Holdings Limited
BLCT
|
- | 1.33 % | $ 56.9 M | ||
|
HeadHunter Group PLC
HHRU
|
- | - | - | ||
|
Baidu
BIDU
|
$ 97.12 | 0.19 % | $ 34.6 B | ||
|
VK
VKCO
|
- | - | - | ||
|
Cardlytics
CDLX
|
$ 4.02 | 0.25 % | $ 214 M | ||
|
DoorDash
DASH
|
$ 236.74 | 2.09 % | $ 101 B | ||
|
Sogou Inc.
SOGO
|
- | 0.11 % | $ 3.45 B | ||
|
Yandex N.V.
YNDX
|
$ 2 101.4 | - | $ 510 B | ||
|
AutoWeb
AUTO
|
- | 0.78 % | $ 5.38 M | ||
|
Leaf Group Ltd.
LEAF
|
- | - | $ 306 M | ||
|
Monaker Group, Inc.
MKGI
|
- | 7.08 % | $ 53.2 M | ||
|
Qutoutiao
QTT
|
- | -38.43 % | $ 6.99 M | ||
|
SINA Corporation
SINA
|
- | -0.12 % | $ 2.58 B | ||
|
iQIYI
IQ
|
$ 0.92 | 0.05 % | $ 892 M | ||
|
MediaAlpha
MAX
|
$ 12.85 | 2.23 % | $ 723 M | ||
|
Momo
MOMO
|
$ 5.72 | 0.18 % | $ 1.9 B | ||
|
Liberty TripAdvisor Holdings
LTRPA
|
- | -20.83 % | $ 19.8 M | ||
|
Phoenix New Media Limited
FENG
|
$ 1.5 | 1.22 % | $ 18 M | ||
|
Spark Networks SE
LOV
|
- | -2.8 % | $ 81.6 M | ||
|
EverQuote
EVER
|
$ 25.66 | 3.38 % | $ 927 M | ||
|
Points International Ltd.
PCOM
|
- | 1.3 % | $ 360 M | ||
|
Youdao
DAO
|
$ 16.65 | 1.28 % | $ 1.97 B | - | |
|
Moxian
MOXC
|
- | -1.96 % | $ 34.2 M | ||
|
NetEase
NTES
|
$ 122.76 | 0.06 % | $ 391 B | ||
|
Fiverr International Ltd.
FVRR
|
$ 9.47 | 0.85 % | $ 344 M | ||
|
Pinterest
PINS
|
$ 23.19 | 1.4 % | $ 15.6 B | ||
|
Remark Holdings
MARK
|
- | -15.19 % | $ 4.46 M | ||
|
ANGI Homeservices
ANGI
|
$ 5.04 | 7.92 % | $ 231 M | ||
|
36Kr Holdings
KRKR
|
$ 3.09 | 1.48 % | $ 3.27 B | ||
|
Lindblad Expeditions Holdings
LIND
|
$ 29.59 | 0.37 % | $ 1.63 B | ||
|
Twitter
TWTR
|
- | 1.14 % | $ 41.3 B | ||
|
Alphabet
GOOG
|
$ 342.88 | 1.53 % | $ 4.15 T | ||
|
Autohome
ATHM
|
$ 22.83 | 1.24 % | $ 10.7 B | - | |
|
Royal Caribbean Group
RCL
|
$ 279.41 | 0.27 % | $ 75.7 B | ||
|
DouYu International Holdings Limited
DOYU
|
$ 4.28 | 0.47 % | $ 129 M | ||
|
Gaia
GAIA
|
$ 1.55 | 1.26 % | $ 38.5 M | ||
|
Cango
CANG
|
$ 2.23 | 8.82 % | $ 632 M | - | |
|
Luokung Technology Corp.
LKCO
|
- | -46.36 % | $ 1.8 M | ||
|
Sohu.com Limited
SOHU
|
$ 14.11 | 0.25 % | $ 398 M | ||
|
Spotify Technology S.A.
SPOT
|
$ 547.51 | 3.84 % | $ 112 B | ||
|
Trip.com Group Limited
TCOM
|
$ 45.35 | 1.66 % | $ 29.8 B | ||
|
Zillow Group
Z
|
$ 35.66 | 0.65 % | $ 8.63 B |