4 views left Get unlimited views with a free account

Get a 360 degree view on a company powered by live data from the GlobalData Intelligence Center.

Snap's Quarterly Revenue (Q1 2016 - Q1 2022)

Industry: Internet Services; Social Media
Current: Company Performance

Snap generated $1.06 billion in Q1 2022
In Q4 2021, Snap had generated a revenue of $1.3 billion
Snap has been a popular social media platform amongst the GenZ and Millennials due to its immersive mobile application Snapchat

Snap, the social media, and camera company generated $1.06 billion in the first quarter of 2022, down by almost 18% as compared to $1.3 billion in revenue in Q4 2021. The Q1 2022 revenue was 38% more as compared to $769 million in revenue in Q1 2021. The primary source of revenue generation for Snap is through the sale of its advertising products.

In Q1 2022, although there has been a quarter-over-quarter increase in daily active users (DAU), the average revenue per user (ARPU) has decreased over the mentioned quarters, thus resulting in lesser revenue generation in Q1 2022 as compared to Q4 2021. The disruption in the digital advertising market has led to slow growth in Snap’s Q1 2022 revenues.

Snap’s quarterly revenues have showcased periodicity for the first quarter of every fiscal year, the first quarter showcases a great increase when compared year-over-year but always falls short in revenue when compared to the previous quarter (i.e., the fourth quarter of the previous year).

Get a 360 degree view on a company powered by live data from the GlobalData Intelligence Center. Get a 360 degree view on a company powered by live data from the GlobalData Intelligence Center. Explore Company Solutions