Snap research and development spending 2015-2021

Published by S. Dixon, Feb 15, 2022
The annual research and development expenditure of Snap Inc in 2021 was 1.56 billion U.S. dollars, up from over 1.1 billion U.S. dollars in 2020. This is an increase of over 460 million U.S. dollars in R&D for the camera and social media company. The last time the company spent roughly the same amount on R&D was in 2017.

Annual research and development expenditure of Snap from 2015 to 2021 (in million U.S. dollars)

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Release date

February 2022

Region

Worldwide

Survey time period

2015 to 2021

Supplementary notes

*2017 increase was mainly due to a $1.1 billion increase in stock-based compensation expense primarily due to the recognition of expense related to RSUs with a performance condition satisfied on the effectiveness of the registration statement for Snap's IPO in March 2017

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