How did Snap Inc's revenue change from 2022 to 2023?

Snap Inc reported $4.6B in revenue for fiscal year 2023. This represents a +0.1% change compared to 2022. Snap's 2023 revenue of 4.61 billion dollars was essentially flat at 0.1 percent growth, reflecting macro headwinds and degraded ad targeting that prompted workforce cuts and tighter cost discipline.

FY2023 Revenue

$4.6B

▲ 0.1% vs FY2022 ($4.6B)

Source: Annual report / company filing

Snap Inc reported $4.6B in revenue for fiscal year 2023. This represents a growth of 0.1% compared to the 2022 figure of $4.6B. In 2024, revenue increased to $5.4B.

Snap's 2023 revenue of 4.61 billion dollars was essentially flat at 0.1 percent growth, reflecting macro headwinds and degraded ad targeting that prompted workforce cuts and tighter cost discipline.

Revenue by Year

FY2025 FY2024 FY2023 FY2022 FY2021 FY2020

Snap Inc Annual Revenue History

Year	Revenue	YoY Change
FY2025	$5.9B	+10.7%
FY2024	$5.4B	+16.4%
FY2023	$4.6B	+0.1%
FY2022	$4.6B	+11.8%
FY2021	$4.1B	+64.3%
FY2020	$2.5B	—

Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.

← Previous year

FY2022: $4.6B

Next year →

FY2024: $5.4B

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