Snap
Snap, a publicly owned company headquartered in the US, was founded in 2011 and operates with approximately 7,250 employees. The company reported $5.9B in revenue as of 2025. Mainly involved in search, social, and retail media, Snap provides three core products: Snapchat, a visual messaging app; Lens Studio, an augmented reality platform that powers AR across Snapchat and other services; and its AR glasses, Spectacles.

2025 Revenue

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Founded

2011

Headcount

5,261

Headquarters

United States

Primary Segment

Search, social, and retail media

Ownership

Publicly Owned

News Summary:

Labaton Keller Sucharow LLP began pursuing individual arbitration claims against Snap Inc. on July 24, alleging that individuals suffered mental or physical harm from using the Snapchat app during childhood or adolescence. Earlier on July 24, Snap Inc. released new engagement figures for Snap Map, indicating that over 450 million people use the mapping feature monthly, with 65% of visits to new places being locations friends visited within the past year. Previously, on July 23, Snap Inc. faced pressure to demonstrate stronger advertising revenue growth ahead of its second-quarter earnings report, as Jefferies identified the company's ads business as a key issue despite expectations for improving overall revenue growth. This followed France's implementation of a ban on social media for teenagers under 15 on July 23, marking the first such move by an EU member and potentially triggering new regulations across the bloc for big tech platforms. Also on July 23, Snap's shares declined after Alphabet dropped 6% due to an increased capital expenditure of $205 billion for AI development, which overshadowed its 82% Cloud surge, also impacting Meta Platforms.

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Snap offers products in the media and telecoms services industry. Snap's product portfolio comprises of search, social, and retail media.
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Snap's revenues were $5.9B in 2025. All the revenue comes from social media advertising.
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New Offerings, Emerging Tech, B2B Tag, New Offerings
Snap's pricey AR glasses to get consumer-focused introduction on September 16
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PhoneArena
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Examples of Snap's suppliers include Samba TV, Genius Sports and Google.

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