Snyk
Financial Performance
Snyk Revenue & Financials
Revenue
$309.2M (FY2025)
Employees
990
What is Snyk's revenue?
Snyk had $309.2M in revenue for fiscal year 2025. It reported a net loss of $197.9M.
- Latest revenue
- $309.2M (FY2025)
- Peak revenue
- $309.2M (FY2025)
- Years of data
- 3
- Employees
- 990
- How much profit does Snyk make?
- Snyk reported a net loss of $197.9M for fiscal year 2025. calcalistech.com
- How many employees does Snyk have?
- Snyk has about 990 employees.
Financial Analysis
Snyk does not report quarterly results, but its UK statutory accounts give a yearly view. Revenue reached $278.4 million in 2024 and $309.2 million in 2025, an 11% increase that marked a sharp slowdown from 50% growth in 2023. The 2025 operating loss was $202.7 million and the net loss $197.9 million, up from $166.5 million in 2024. Cash, short-term investments and restricted cash totalled $291.3 million at the end of 2025, or $367.8 million including longer-term investments (down from $412.4 million). The company raised more than $1 billion as a private company, peaking at an $8.5 billion valuation in 2021 before a $196.5 million Series G at $7.4 billion in 2022.
Revenue Trend Analysis
Peak Year
2025
Trend
Not enough comparable years
Snyk has 2 full fiscal year figures on this page, plus 1 other figure (annualized run-rate, partial-period or estimated) that are not ranked or trended with them. Annual revenue peaked in fiscal year 2025 at $309.2M. There are not enough consecutive, comparable fiscal years to measure a trend.
Reported Revenue Figures
| Fiscal Year | Revenue | Net Income | YoY Change | Source |
|---|---|---|---|---|
| FY2025 | $309.2M | -$197.9M | — | Snyk UK statutory filings via Calcalist Revenue up 11%; operating loss $202.7M. |
| FY2024annualized run-rate | $278.4M | -$166.5M | — | Snyk UK statutory filings via Calcalist Derived from 2025 revenue less the reported $30.8M increase. Snyk separately said ARR passed $300M in December 2024 (TechCrunch). |
| FY2023 | $220M | — | — | Snyk UK statutory filing coverage Reported 2023 revenue; Snyk is privately held and files statutory accounts in the UK. |
Click any row to see year details.
Keep researching Snyk
Snyk Revenue and Financial FAQ
What was Snyk's valuation in its latest funding round?
Snyk achieved an enterprise valuation of $7.4 billion in December 2022 following a $196.5 million Series G financing round led by the Qatar Investment Authority (QIA), having previously reached an $8.5 billion valuation in mid-2021.
What is Snyk's Annual Recurring Revenue (ARR) scale?
While private, Snyk crossed $100 million in ARR in 2021 and continued scaling past $200 million to $250 million+ in ARR by 2024-2025, driven by rapid enterprise contract expansion.
Who are Snyk's major venture capital and institutional investors?
Snyk has raised over $1.4 billion in total equity financing from premier global investors, including Accel Partners, Tiger Global Management, Boldstart Ventures, Canaan Partners, Addition, Temasek, Salesforce Ventures, and BlackRock.
What are Snyk's SaaS gross margins?
Snyk maintains strong cloud gross margins of approximately 78% to 82%, reflecting low hosting infrastructure overhead on AWS and scalable automated scanning pipelines.
How many enterprise customers generate substantial recurring revenue for Snyk?
Snyk serves over 3,000 commercial and enterprise customers globally, with hundreds of large enterprise clients spending more than $100,000 annually and multiple Fortune 500 contracts exceeding $1 million in ARR.
How did macroeconomic tech layoffs impact Snyk's financial efficiency?
In late 2022 and 2023, Snyk restructured operational expenses and conducted targeted layoffs (~14% of staff), reorienting corporate strategy from pure "growth at all costs" toward free cash flow break-even and sustainable IPO readiness.
How much capital did Snyk deploy for strategic acquisitions?
Snyk deployed hundreds of millions in cash and equity to fund accretive technology buyouts, including DeepCode, Manifold, FossID, CloudSkiff, Enso Security, and Helios.
What is Snyk's IPO outlook and timeline?
Snyk previously filed confidential IPO paperwork with the US SEC in early 2022. While market volatility delayed public listing plans, Snyk remains one of the premier cybersecurity unicorns primed for an initial public offering once tech IPO windows open.
How does Snyk manage cloud hosting infrastructure costs?
Snyk optimizes elastic compute on AWS and Google Cloud, caching vulnerability graphs and using symbolic AI processing to parse ASTs (Abstract Syntax Trees) in milliseconds, keeping per-scan compute costs minimal.
What proportion of revenue originates from international markets?
Approximately 40% of Snyk's revenue is generated internationally outside North America, with deep penetration in the UK, Western Europe, Israel, Japan, and Australia.
How do enterprise multi-product bundles affect deal sizes?
Customers adopting three or more modules (e.g., Snyk Open Source, Snyk Code, and Snyk Container) generate average contract values 3x higher than single-product customers, with dramatically lower annual logo churn.
What is Snyk's financial target leading into 2027?
Management is focused on achieving GAAP operating profitability, compounding high-margin ASPM subscriptions via Snyk AppRisk, and sustaining 25%+ ARR growth.
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Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Snyk Revenue & Financials." CorpDigest, https://corpdigest.com/company/snyk/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Snyk reported $309.2M in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/snyk/financials" target="_blank" rel="noopener">CorpDigest — Snyk financials</a></div>Related Financial Audits
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