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Snap worldwide quarterly revenue 2015-2020

As of the fourth quarter of 2020, the chat app company Snap had generated 911 million U.S. dollars in revenue, up from roughly 679 million U.S. dollars in the previous quarter. In 2019, Snap’s annual revenue amounted to close to 2.5 billion U.S. dollars, up from 1.72 billion 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 fourth quarter of 2020, the social photo sharing app had 265 million daily active users worldwide, with the biggest audience being the United States. In fall 2020, 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.

Global revenue of Snap from 1st quarter 2015 to 4th quarter 2020

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Release date

February 2021



Survey time period

Q1 2015 to Q4 2020

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Statistics on "Snapchat"

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