Snap Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-460.5M | $-697.9M | $-1.32B | $-1.43B | $-488.0M | $-944.8M | $-1.03B | $-1.26B |
| Depreciation & Amortization | $163.6M | $158.1M | $168.4M | $202.2M | $119.1M | $86.7M | $87.2M | $91.6M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $45.5M | $60.0M | $81.1M | $132.3M | $63.2M | $33.5M | $33.4M | $42.6M |
| Stock-Based Compensation | $1.02B | $1.04B | $1.32B | $1.39B | $1.09B | $770.2M | $686.0M | $538.2M |
| Net Cash from Operating Activities | $656.2M | $413.5M | $246.5M | $184.6M | $292.9M | $-167.6M | $-305.0M | $-689.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $219.0M | $194.8M | $211.7M | $129.3M | $69.9M | $57.8M | $36.5M | $120.2M |
| Business Acquisitions | $35.5M | $0 | $50.3M | $67.1M | $310.9M | $168.9M | $77.1M | $815.0K |
| Net Cash from Investing Activities | $173.1M | $-717.1M | $571.0M | $-1.06B | $90.2M | $-729.9M | $-728.6M | $694.5M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $750.9M | $311.1M | $189.4M | $1.00B | $0 | $0 | — | — |
| Net Cash from Financing Activities | $-848.1M | $-428.6M | $-458.8M | $306.7M | $1.07B | $922.8M | $1.17B | $47.4M |
| Net Change in Cash | — | — | — | — | — | — | — | — |
| Free Cash Flow | $437.2M | $218.7M | $34.8M | $55.3M | $223.0M | $-225.5M | $-341.4M | $-810.2M |