Snap (SNAP) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Snap

NYSE•Communication Services•Internet Content & Information

$5.53-0.12(-0.02%)Market closed

Market Cap

$9.20B

P/S

1.4x

P/B

4.8x

Snap Inc. operates as a technology company in North America, Europe, and internationally. The company offers Snapchat, a visual messaging application with various tabs, such as camera, visual messaging, snap map, stories, and spotlight that enable people to communicate visually through short videos and snaps. It also provides Snapchat+, Lens+, and Snapchat Platinum, a subscription service that provides subscribers access to exclusive, experimental, and pre-release features; Spectacles, an augmented reality (AR) glasses; and advertising products, including AR ads and Snap ads comprises a single image or video ads, collection ads, dynamic ads, story ads, commercials, sponsored snaps, and promoted places. In addition, the company offers campaign management and delivery, an advertising platform that provides automated, sophisticated, and scalable ad buying and campaign management; and measuring advertising effectiveness solutions. The company was formerly known as Snapchat, Inc. and changed its name to Snap Inc. in September 2016. Snap Inc. was founded in 2010 and is headquartered in Santa Monica, California.

How this company scores

WeakMetricSide Score: 57/100

Grade capped at D — Interest coverage below 1× (-2.2x) — earnings cannot cover interest. Strongest: Growth (18/25); weakest: Balance Sheet & Red Flags (8/25).

Profitability14/25

Growth18/25

Balance Sheet & Red Flags8/25

Cash & Earnings Quality17/25

Strengths

Rising free cash flowLong cash runwayConsistent free cash flowProfit converts from growth

Grade capped at D

Interest coverage below 1× (-2.2x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/S · 1.4x5y range 1.1x – 30.4x

Currently below its 20-quarter median.

P/B · 4.8x5y range 3.3x – 33.0x

Currently below its 20-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

FCF consistently trails net income (avg 2.3x) — earnings may be inflated by non-cash items or aggressive accounting.

Price & Volume

Market Cap $9.20B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $6.35B
Q. Revenue: $1.60B
TTM EBITDA: $-146.28M
TTM Op. Income: $-323.81M
Q. Op. Income: $-170.72M
TTM Net Income: $-311.24M
Q. Net Income: $-163.96M
EPS: $-0.1
Shares Out.: $1.66B

$6.35B in TTM revenue grew 12.6% YoY, reaching $1.60B last quarter. TTM EBITDA of $-146.28M and TTM operating income of $-323.81M show growth is flowing through to the bottom line. However, net income is negative at $311.24M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 58.2%
EBITDA Margin: -7.7%
Op. Margin: -10.7%
Net Margin: -10.3%

Op. margin of -10.7% is up 8.6% YoY — cost efficiency is improving. Net margin at -10.3% and gross margin of 58.2% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has fallen for 2 consecutive quarters — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 1.4x
P/B Ratio: 4.8x

P/S of 1.4x and P/B of 4.8x. P/S is low relative to typical market levels.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $7.47B
Cash: $958.85M
Long-Term Debt: $3.38B
Book Value: $1.93B
D/E Ratio: 1.8
Debt/EBITDA: N/A

With $7.47B in assets and $3.38B in long-term debt, D/E is 1.8and book value is $1.93B — moderate leverage. Across the last 8 quarters, debt/equity has risen for 2 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $176.21M
TTM Free Cash Flow: $705.54M
FCF Margin: 11.1%
FCF / Net Income: -2.3

TTM FCF of $705.54M on $176.21M in operating cash flow. The FCF / Net Income ratio of -2.3x means the business consumes cash — it is not yet self-funding. Across the last 8 quarters, free cash flow has risen for 7 consecutive quarters — an improving trend.