Snap Inc (Snap) is a social media and camera company that develops and provides applications and products for communication. The company’s products include Camera, Communication, Spotlight, Stories, Snap Map, Memories and Spectacles. It also provides advertising services and products such as sponsored creative tools and snap ads for businesses. The company’s camera application, snapchat allow users to capture photos and voices and share with family and friends. Its service offering includes campaign management and delivery, and measuring advertising effectiveness. The company also offers advertising services such as Snap Ads, AR Ads and sponsored creative tools. The company operates across Europe, North America. Australia and Asia. Snap is headquartered in Santa Monica, California, the US.
Headquarters
United States of America
Address
3000 31st Street, Loop North, Santa Monica, California, 90405
Website
www.snap.com
Telephone
1 310 3993339
No of Employees
5,288
Industry
Media
Ticker Symbol & Exchange
SNAP (NYSE)
Revenue (2023)
$4.6B
64.2%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
48.4%
(2023 vs 2022)
Market Cap*
$17.2B
Net Profit Margin (2022)
XYZ
68.6%
(2023 vs 2022)
* As of and is in US$
Snap Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Spectacles | Solutions: | Snapchat |
| Camera | ||
| Communication | ||
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | New Products/Services | In February, the company launched ray tracing technology for its AR lenses. |
| 2023 | Contracts/Agreements | In January, the company entered into a collaboration with Chipotle to launch a new augmented reality lens for the Snapchat app. |
| 2022 | Contracts/Agreements | In December, the company and adidas teamed up to launch a new line of exclusive Bitmoji clothing. |
Competitor Comparison
| Key Parameters | Snap Inc | Apple Inc | Alphabet Inc | Meta Platforms Inc | Tencent Holdings Ltd |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | China |
| City | Santa Monica | Cupertino | Mountain View | Menlo Park | Shenzhen |
| State/Province | California | California | California | California | Guangdong |
| No. of Employees | 5,288 | 164,000 | 190,234 | 86,482 | 108,836 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Michael Lynton | Chairman | Executive Board | 2016 | 62 |
| Derek Andersen | Chief Financial Officer | Senior Management | 2019 | 43 |
| Rebecca Morrow | Controller; Chief Accounting Officer | Senior Management | 2019 | 48 |
| Kenny Mitchell | Chief Marketing Officer | Senior Management | 2019 | - |
| Julie Henderson | Chief Communications Officer | Senior Management | 2021 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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