Snap Inc. Files Q1 2024 10-Q Report
Ticker: SNAP · Form: 10-Q · Filed: 2024-04-26T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, earnings, financials, shares
TL;DR
**SNAP Q1 2024 10-Q FILED: Financials and share details out.**
AI Summary
Snap Inc. filed its 10-Q for the period ending March 31, 2024, reporting on its financial performance. The company's fiscal year ends on December 31st, and this filing covers the first quarter of 2024. Key financial data and share information for different classes of common stock are detailed within the report.
Why It Matters
This filing provides investors with the latest financial performance data for Snap Inc., crucial for understanding the company's current health and future prospects.
Risk Assessment
Risk Level: medium — 10-Q filings are standard for public companies, but the specific financial details within can reveal significant risks or opportunities.
Key Numbers
- 2024-03-31 — Reporting Period End Date (Indicates the end of the fiscal quarter covered by the report.)
- 2024-01-01 — Reporting Period Start Date (Indicates the start of the fiscal quarter covered by the report.)
- 2023-03-31 — Prior Year Quarter End Date (Provides a comparative point for year-over-year performance.)
Key Players & Entities
- Snap Inc. (company) — Filer of the 10-Q report
- 20240331 (date) — Conformed period of report
- 20240426 (date) — Filed as of date
- 3000 31ST STREET, SANTA MONICA, CA 90405 (address) — Business and mail address
FAQ
What is the total number of outstanding shares for Snap Inc. as of March 31, 2024?
The filing details share information for Common Class A Non-Voting, Common Class B, and Common Class C members, with specific counts available for the reporting period ending March 31, 2024.
What was Snap Inc.'s revenue for the first quarter of 2024?
The provided text does not explicitly state the revenue figures for Q1 2024, but it indicates the filing covers the period from January 1, 2024, to March 31, 2024.
Did Snap Inc. report any significant changes in its capital structure during the quarter?
The filing includes details on various classes of common stock (Class A, B, C) and their status as of March 31, 2024, and December 31, 2023, which could indicate capital structure changes.
What is the company's primary business activity according to the filing?
Snap Inc. is classified under SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] according to the Standard Industrial Classification.
When was Snap Inc. formerly known as Snapchat Inc.?
The date of the name change from Snapchat Inc. to Snap Inc. was December 11, 2012.
From the Filing
0001564408-24-000034.txt : 20240426 0001564408-24-000034.hdr.sgml : 20240426 20240425201016 ACCESSION NUMBER: 0001564408-24-000034 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 93 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240426 DATE AS OF CHANGE: 20240425 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Snap Inc CENTRAL INDEX KEY: 0001564408 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] ORGANIZATION NAME: 06 Technology IRS NUMBER: 455452795 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-38017 FILM NUMBER: 24878279 BUSINESS ADDRESS: STREET 1: 3000 31ST STREET CITY: SANTA MONICA STATE: CA ZIP: 90405 BUSINESS PHONE: (310) 399-3339 MAIL ADDRESS: STREET 1: 3000 31ST STREET CITY: SANTA MONICA STATE: CA ZIP: 90405 FORMER COMPANY: FORMER CONFORMED NAME: Snapchat Inc DATE OF NAME CHANGE: 20121211 10-Q 1 snap-20240331.htm 10-Q snap-20240331 0001564408 12-31 2024 Q1 false P3Y P1Y 481 365 0001564408 2024-01-01 2024-03-31 0001564408 snap:CommonClassANonVotingMember 2024-04-23 xbrli:shares 0001564408 us-gaap:CommonClassBMember 2024-04-23 0001564408 us-gaap:CommonClassCMember 2024-04-23 iso4217:USD 0001564408 2023-01-01 2023-03-31 0001564408 2023-12-31 0001564408 2022-12-31 0001564408 2024-03-31 0001564408 2023-03-31 iso4217:USD xbrli:shares 0001564408 snap:CommonClassANonVotingMember 2024-03-31 0001564408 snap:CommonClassANonVotingMember 2023-12-31 0001564408 us-gaap:CommonClassBMember 2024-03-31 0001564408 us-gaap:CommonClassBMember 2023-12-31 0001564408 us-gaap:CommonClassCMember 2024-03-31 0001564408 us-gaap:CommonClassCMember 2023-12-31 0001564408 snap:CommonClassANonVotingMember us-gaap:CommonStockMember 2023-12-31 0001564408 snap:CommonClassANonVotingMember us-gaap:CommonStockMember 2022-12-31 0001564408 snap:CommonClassANonVotingMember us-gaap:CommonStockMember 2024-01-01 2024-03-31 0001564408 snap:CommonClassANonVotingMember us-gaap:CommonStockMember 2023-01-01 2023-03-31 0001564408 snap:CommonClassANonVotingMember us-gaap:CommonStockMember 2024-03-31 0001564408 snap:CommonClassANonVotingMember us-gaap:CommonStockMember 2023-03-31 0001564408 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2023-12-31 0001564408 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2022-12-31 0001564408 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2023-01-01 2023-03-31 0001564408 snap:ClassANonVotingCommonStockConversionFromClassBVotingCommonStockMember us-gaap:CommonStockMember us-gaap:CommonClassBMember 2023-01-01 2023-03-31 0001564408 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2024-03-31 0001564408 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2023-03-31 0001564408 us-gaap:CommonClassCMember us-gaap:CommonStockMember 2023-12-31 0001564408 us-gaap:CommonClassCMember us-gaap:CommonStockMember 2022-12-31 0001564408 us-gaap:CommonClassCMember us-gaap:CommonStockMember 2024-03-31 0001564408 us-gaap:CommonClassCMember us-gaap:CommonStockMember 2023-03-31 0001564408 us-gaap:TreasuryStockCommonMember 2023-12-31 0001564408 us-gaap:TreasuryStockCommonMember 2022-12-31 0001564408 us-gaap:TreasuryStockCommonMember 2024-01-01 2024-03-31 0001564408 us-gaap:TreasuryStockCommonMember snap:CommonClassANonVotingMember 2024-01-01 2024-03-31 0001564408 us-gaap:TreasuryStockCommonMember 2023-01-01 2023-03-31 0001564408 us-gaap:TreasuryStockCommonMember 2024-03-31 0001564408 us-gaap:TreasuryStockCommonMember 2023-03-31 0001564408 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001564408 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001564408 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0001564408 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-03-31 0001564408 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001564408 us-gaap:AdditionalPaidInCapitalMember 2023-03-31 0001564408 us-gaap:RetainedEarningsMember 2023-12-31 0001564408 us-gaap:RetainedEarningsMember 2022-12-31 000