How did Snap Inc's revenue change from 2023 to 2024?

Snap Inc reported $5.4B in revenue for fiscal year 2024. This represents a +16.4% change compared to 2023. Revenue accelerated to 5.36 billion dollars in 2024, a 16.4 percent gain aided by recovering ad demand and 12 million Snapchat+ subscribers, though Snap still posted a 698 million dollar net loss.

FY2024 Revenue

$5.4B

▲ 16.4% vs FY2023 ($4.6B)

Source: Annual report / company filing

Snap Inc reported $5.4B in revenue for fiscal year 2024. This represents a growth of 16.4% compared to the 2023 figure of $4.6B. In 2025, revenue increased to $5.9B.

Revenue accelerated to 5.36 billion dollars in 2024, a 16.4 percent gain aided by recovering ad demand and 12 million Snapchat+ subscribers, though Snap still posted a 698 million dollar net loss.

Revenue by Year

FY2025 FY2024

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.

Next year →

FY2025: $5.9B

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