Snap worldwide quarterly revenue 2015-2019

Global revenue of Snap from 1st quarter 2015 to 2nd quarter 2019 (in million U.S. dollars)

by J. Clement, last edited Aug 9, 2019
Snap worldwide quarterly revenue 2015-2019 As of the second quarter of 2019, the chat app company Snap had generated 388 million U.S. dollars in revenue, up from 320.4 million U.S. dollars in the previous quarter. In 2018, Snap’s annual revenue amounted to close to 1.18 billion U.S. dollars, up from 824 million in the preceding year. Snap is the parent company of social photo sharing app Snapchat.
Snapchat product info

Snap generates most of its revenues through advertising. The company’s key advertising products are Sponsored Lenses, 3D video overlays that utilize augmented reality (AR) and mobile video advertising service Snap Ads. Snap’s product and advertising are both reliant on devices with adequate mobile processing power and high mobile bandwidth, which means that the app is primarily a product for consumers in developed mobile markets.

Snapchat usage

As of the first quarter of 2019, the social photo sharing app had 190 million daily active users worldwide, with the biggest audience being the United States. In spring 2019, Snapchat was still the most popular social network among teens in the United States, ahead of Instagram and Twitter. The photo and video sharing app accounted for approximately one percent of total monthly app time in the United States.
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Global revenue of Snap from 1st quarter 2015 to 2nd quarter 2019 (in million U.S. dollars)

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