Snapchat Q4 2022 Earnings Report
Key Takeaways
Snap Inc. reported Q4 2022 revenue of $1.3 billion, a slight increase year-over-year. Daily Active Users (DAUs) grew to 375 million, a 17% increase year-over-year. However, the company reported a net loss of $288 million, compared to a net income of $23 million in the prior year. Free Cash Flow was $78 million, down from $161 million in the prior year.
Daily Active Users (DAUs) increased 17% year-over-year to 375 million.
Q4 revenue was $1.3 billion, a slight increase compared to the prior year.
Net loss was $288 million, including restructuring charges of $34 million.
Free Cash Flow decreased to $78 million from $161 million in the prior year.
Snapchat
Snapchat
Snapchat Revenue by Geographic Location
Forward Guidance
Given uncertainties related to the operating environment, Snap is not providing its expectations for revenue or adjusted EBITDA for the first quarter of 2023.
Revenue & Expenses
Visualization of income flow from segment revenue to net income