The annual research and development expenditure of Snap Inc in 2023 was 1.9 billion U.S. dollars, down from 2.1 billion U.S. dollars in 2021. This is a decrease around nine percent in R&D for the camera and social media company.
Annual research and development expenditure of Snap from 2015 to 2023
(in million U.S. dollars)
*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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Snap Inc.. (February 7, 2024). Annual research and development expenditure of Snap from 2015 to 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 09, 2024, from https://www.statista.com/statistics/668089/annual-snap-research-spend/
Snap Inc.. "Annual research and development expenditure of Snap from 2015 to 2023 (in million U.S. dollars)." Chart. February 7, 2024. Statista. Accessed November 09, 2024. https://www.statista.com/statistics/668089/annual-snap-research-spend/
Snap Inc.. (2024). Annual research and development expenditure of Snap from 2015 to 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 09, 2024. https://www.statista.com/statistics/668089/annual-snap-research-spend/
Snap Inc.. "Annual Research and Development Expenditure of Snap from 2015 to 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 7 Feb 2024, https://www.statista.com/statistics/668089/annual-snap-research-spend/
Snap Inc., Annual research and development expenditure of Snap from 2015 to 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/668089/annual-snap-research-spend/ (last visited November 09, 2024)
Annual research and development expenditure of Snap from 2015 to 2023 (in million U.S. dollars) [Graph], Snap Inc., February 7, 2024. [Online]. Available: https://www.statista.com/statistics/668089/annual-snap-research-spend/
