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SNAP| Name | Value |
|---|---|
| Revenues | 1,194.8M |
| Cost of Revenue | 614.3M |
| Gross Profit | 580.5M |
| Operating Expense | 913.7M |
| Operating I/L | -333.2M |
| Other Income/Expense | 35.1M |
| Interest Income | 39.9M |
| Pretax | -298.2M |
| Income Tax Expense | 6.9M |
| Net Income/Loss | -305.1M |
Snap Inc. operates as a camera company, offering the Snapchat application for visual communication through short videos and images. The company also provides Spectacles, eyewear that connects with Snapchat, and advertising products, including AR ads and Snap ads. These products generate revenue through advertising and the sale of Spectacles. Snap Inc. focuses on leveraging its camera technology to create engaging visual experiences for users and advertisers, driving its business through innovative hardware and software offerings.
