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Snap Inc. (SNAP)

Communication Services Balanced

Snap is the tech company behind Snapchat, a popular mobile app that lets people share disappearing photos, videos, and messages with friends.

$5.68

Is Snap Inc. a good stock for a UK beginner?

The honest version: There's no rating here and nothing for sale. In its favour: Strong brand recognition among younger demographics. Worth weighing: History of losing money on a net basis.

No rating · no target price · nothing for sale here
Price-37.0%
= past earnings-report date
Priced in USD. As a UK investor your £ return also moves with the pound-to-dollar exchange rate, even inside an ISA - a stronger pound can trim your £ gains and a weaker pound can add to them, whatever the share price itself does.
52-week range-43% past year
$5.68
Low $3.81High $9.28
Where today's price sits versus its past year - context, not a signal.

Is this normal for this company?

Each figure against the range this same company has produced recently. Neither end of a range is the good end.

Net profit margin
-10.3%now
-19.5%2.6%

Profit as a share of sales, from the company's own quarterly statements. The range covers the 5 quarters we hold, and the figure shown is its most recent one.

How these ranges are built

Every number here is the company's own reported figure, not a comparison with other companies. The ranges come from this company's own results and its share price. Where it reports in a different currency from the one its shares trade in, the price-to-earnings range is left out rather than mixing the two.

What does Snap Inc. do?

Snap makes its money primarily by showing adverts to the millions of people who use its app every day. While the company is growing its revenue, it is still working hard to turn a consistent profit, which is why its bottom-line margins remain in negative territory. What really matters is whether they can keep users engaged and convince advertisers that Snapchat is the best place to reach a younger audience.

On our factor screen it looks strongest on growth and value, and weakest on income.

Quick checks
What's strong
  • Growth screens high
What to watch
  • Quality screens low
  • Income screens low

Does Snap Inc. pay a dividend?

No - Snap Inc. doesn't currently pay a dividend, so the whole return would rest on the share price. Plenty of growing companies reinvest their profits instead of paying them out - neither approach is better or worse, they're just different.

Does Snap Inc. have more cash or more debt?

It holds about $2.66B in cash against about $4.23B of debt - so it has net debt of about $1.57B. Debt is not automatically a problem - it funds growth - but it has to be serviced and repaid, which matters more when profits wobble.

From the latest reported balance sheet. Cash and debt levels change, and some borrowing is normal - this is context, not a judgment.

What do Snap Inc.'s numbers mean?

P/S
1.47
This compares the company's total market value to its annual sales, showing how much investors are paying for every pound of revenue the business generates.
Around the middle of the 52 Communication Services shares we cover
Gross margin
57.3%
This shows the percentage of revenue left over after paying the direct costs of running the app, like server and data storage fees.
Around the middle of the 52 Communication Services shares we cover
Net margin
-4.9%
This indicates that the company is currently spending more on overall operations than it is bringing in, resulting in a loss.
Lower than most of the 52 Communication Services shares we cover
Beta
1.0
This suggests the share price tends to move in line with the wider stock market, neither significantly more nor less volatile than the average.

How has it performed?

Growth of £1,000, the worst fall, and year by year
If you had put $1,000 into Snap Inc.
$630-37%

Over about 2 years to 2026-09-11. This is the share price only; any dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.

How much has Snap Inc. actually fallen?

−69%

Over the last 2 years of daily prices, Snap Inc. fell as much as −69% from a high to a later low. Falls like this are normal when you own a share.

Past falls are not a forecast - it can fall further, or recover.

How has it done year by year?

2022-81%
2023+89%
2024-36%
2025-25%
2026 so far-32%

Calendar-year total return - the share price with dividends reinvested - from adjusted closing prices. The current year is only part-complete. Past returns are not a guide to the future.

A closer look at the numbers

Ownership, earnings history, where the money goes, and the outlook range
Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$9.32B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
41.95M
Day range: The lowest and highest price the shares traded at during the latest day.
$5.52 – $5.78
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$3.81 – $9.28
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
1.02

Does the share price tell you if it's cheap or expensive?

One share costs$5.68
Number of shares1.64 billion
So the whole company is worth$9.32bn
A £5 share is not cheaper than a £500 one - it means the company cut itself into more slices. Whether the total looks high or low is what the figures below are for; we don't give a verdict.

Who owns Snap Inc.?

Big institutions 45%Company insiders 22%Public & smaller investors 33%

About 45% of Snap Inc., or about 45 in every 100 shares, is held by big institutions such as pension and index funds, and company insiders hold about 22%. The rest, roughly 33%, is held by the public and smaller investors.

What this does and doesn't tell you

This is a recent snapshot of the share register, and it moves. We don't read anything into who owns what - a high institutional share is common for any large listed company and is not a signal about it.

How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 1.02
Calm
Wild
Roughly in step with the market

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▲ +13% past week · ▼ -43% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

How much money does Snap Inc. make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$429.12M$858.23M$1.29B$1.72BQ2 25Q3 25Q4 25Q1 26Q2 26
Gross margin
57.3%
Net margin
-4.9%
Return on equity
-15.6%

When does Snap Inc. report earnings, and how did recent quarters go?

Snap Inc. is next scheduled to report on about 2026-11-04 - dates can move, and we don't predict results; this just tells you when to look.

‘Beat’ and ‘missed’ are against what analysts expected, not whether the business is doing well.

Snap Inc.: reported versus expected earnings per share, recent quarters
ReportedExpected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number.Actual EPSvs expected
2026-08-03$-0.12$-0.10Beat +18%
2026-05-06$-0.07$-0.05Beat +25%
2026-02-04$0.15$0.19Beat +23%
2025-11-05$-0.12$-0.06Beat +51%
2025-08-05$-0.15$-0.16Missed -5%
2025-04-29$-0.13$-0.08Beat +40%

Across the last 6 quarters here, Snap Inc. came in ahead of what analysts expected 5 times. One quarter is noise, not a trend.

See who else reports over the next two weeks →

Where these figures come from

Each quarter a company reports its results against a consensus of analyst forecasts. The figures here are reported versus expected earnings per share from published results; the expectation is that analyst consensus, not our view. Report dates are estimates and can move.

What are the scenarios for Snap Inc.?

An illustrative range for the year ahead — not a prediction or a price target.

◀ lowerhigher ▶todayBull▲ UpsideBase• In-lineBear▼ Downside
Bull
+10% to +15%Stronger than expected advertising demand during the next quarter.
Base
-5% to +5%Steady user growth with no major changes to the current business model.
Bear
-10% to -20%A sudden drop in daily active users or a pullback in digital ad spending.

What are the pros, cons and common questions?

The case each way, and the questions people ask
The bull case

Snap becomes a dominant player in the metaverse or wearable tech space.

The bear case

The platform loses its cultural relevance and fails to attract new, younger users.

What are the pros and cons of Snap Inc.?

3bull points
6bear points

A balance check, not a score or verdict.

The bull case3
  • Strong brand recognition among younger demographics
  • High engagement levels with daily active users
  • Significant investment in innovative augmented reality tools
The catch3
  • History of losing money on a net basis
  • Heavy reliance on advertising revenue which can be cyclical: A business whose sales and profits rise and fall with the wider economy - booming in good times, sinking in downturns. Miners, carmakers and banks are classic examples.
  • Intense competition from larger, well-funded social media rivals
Key risks3
  • Changes in privacy regulations affecting ad targeting
  • Potential for users to migrate to newer, trendier platforms
  • High sensitivity to economic downturns affecting marketing budgets
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

  • The company reporting a sustained period of positive net profit
  • A significant and permanent decline in daily active user numbers

Common questions about Snap Inc.

Does Snap Inc. pay a dividend?

No - Snap Inc. does not currently pay a dividend, so the return would rest on the share price. Many growing companies reinvest profits instead of paying them out.

When does Snap Inc. report earnings next?

Snap Inc. is next scheduled to report results on about 2026-11-04. Report dates are estimates and can move; this is a diary note for when to look, not a forecast of the outcome.

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Confidence: medium · data: USD · flags: pe, earnings_growth · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Prices as of 11 Sep 2026; other figures as of 11 Aug 2026. Prices may be delayed and numbers can go stale - always double-check before acting.