Snapchat Q4 2021 Earnings Report
Key Takeaways
Snap Inc. reported a strong fourth quarter, with revenue increasing by 42% year-over-year to $1.3 billion. The company achieved its first quarter of positive net income as a public company, reporting $23 million in net income. Daily Active Users (DAU) increased by 20% year-over-year to 319 million.
Daily Active Users (DAUs) increased 20% year-over-year to 319 million.
Revenue increased 42% year-over-year to $1.3 billion.
Net income was positive for the first time as a public company, reaching $23 million.
Free cash flow was $161 million, compared to $(69) million in the prior year.
Snapchat
Snapchat
Snapchat Revenue by Geographic Location
Forward Guidance
Snap Inc. provided the following forward-looking statements for the first quarter of 2022 as of February 3, 2022:
Positive Outlook
- Revenue is estimated to be between $1,030 million and $1,080 million.
- Adjusted EBITDA is estimated to be approximately breakeven.
Revenue & Expenses
Visualization of income flow from segment revenue to net income