Snap Research and Development Expenses 2016-2024 | SNAP
Snap annual/quarterly research and development expenses history and growth rate from 2016 to 2024. Research and development expenses can be defined as an expense arising from studies and product development processes.
- Snap research and development expenses for the quarter ending September 30, 2024 were $0.413B, a 16.53% decline year-over-year.
- Snap research and development expenses for the twelve months ending September 30, 2024 were $1.752B, a 12.92% decline year-over-year.
- Snap annual research and development expenses for 2023 were $1.911B, a 9.43% decline from 2022.
- Snap annual research and development expenses for 2022 were $2.11B, a 34.77% increase from 2021.
- Snap annual research and development expenses for 2021 were $1.565B, a 42.11% increase from 2020.
| Snap Annual Research and Development Expenses (Millions of US $) |
|
|---|---|
| 2023 | $1,911 |
| 2022 | $2,110 |
| 2021 | $1,565 |
| 2020 | $1,102 |
| 2019 | $884 |
| 2018 | $772 |
| 2017 | $1,535 |
| 2016 | $184 |
| 2015 | $82 |
| Snap Quarterly Research and Development Expenses (Millions of US $) |
|
|---|---|
| 2024-09-30 | $413 |
| 2024-06-30 | $406 |
| 2024-03-31 | $450 |
| 2023-12-31 | $484 |
| 2023-09-30 | $495 |
| 2023-06-30 | $478 |
| 2023-03-31 | $455 |
| 2022-12-31 | $585 |
| 2022-09-30 | $564 |
| 2022-06-30 | $505 |
| 2022-03-31 | $456 |
| 2021-12-31 | $434 |
| 2021-09-30 | $412 |
| 2021-06-30 | $371 |
| 2021-03-31 | $349 |
| 2020-12-31 | $318 |
| 2020-09-30 | $284 |
| 2020-06-30 | $261 |
| 2020-03-31 | $239 |
| 2019-12-31 | $220 |
| 2019-09-30 | $212 |
| 2019-06-30 | $236 |
| 2019-03-31 | $216 |
| 2018-12-31 | $164 |
| 2018-09-30 | $204 |
| 2018-06-30 | $203 |
| 2018-03-31 | $201 |
| 2017-12-31 | $234 |
| 2017-09-30 | $239 |
| 2017-06-30 | $256 |
| 2017-03-31 | $806 |
| 2016-12-31 | $65 |
| 2016-09-30 | $55 |
| 2016-06-30 | $36 |
| 2016-03-31 | $28 |
| 2015-12-31 | |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Computer and Technology | Internet Software | $17.829B | $4.606B |
| Snap's flagship product, Snapchat, is a mobile camera application that helps people to communicate through short videos and images called Snaps. The application is one of the most popular and trendy messaging and social media applications in the United States. It is also growing rapidly in other international markets, such as India.Snapchat's popularity, especially with teens and millennials, can primarily be attributed to its ephemerality i.e. photos/videos and text sent to friends via Snapchat disappear after sometime. Moreover, an interactive style of chat developed by the addition of stickers, doodling etc. has really caught the fancy of teens. Advertising forms the mainstay of Snap's revenues. The company is helping advertisers reach millennials and Gen Z audience, who are more active on immersive mobile platforms like Snapchat. | |||
| Stock Name | Country | Market Cap | PE Ratio |
|---|---|---|---|
| Meta Platforms (META) | United States | $1421.514B | 26.52 |
| Palo Alto Networks (PANW) | United States | $129.491B | 118.01 |
| CrowdStrike (CRWD) | United States | $87.645B | 425.65 |
| PayPal Holdings (PYPL) | United States | $85.035B | 18.52 |
| Fortinet (FTNT) | United States | $72.062B | 50.28 |
| Workday (WDAY) | United States | $71.039B | 171.84 |
| Sea (SE) | Singapore | $66.580B | 775.53 |
| Atlassian (TEAM) | United States | $66.142B | 0.00 |
| Snowflake (SNOW) | United States | $57.437B | 0.00 |
| Datadog (DDOG) | United States | $48.873B | 235.84 |
| Adyen (ADYEY) | Netherlands | $41.488B | 0.00 |
| HubSpot (HUBS) | United States | $37.169B | 0.00 |
| Cloudflare (NET) | United States | $35.775B | 0.00 |
| Veeva Systems (VEEV) | United States | $34.741B | 55.44 |
| Samsara (IOT) | United States | $30.533B | 0.00 |
| Reddit (RDDT) | United States | $27.745B | 0.00 |
| Zoom Video Communications (ZM) | United States | $24.992B | 29.42 |
| MongoDB (MDB) | United States | $23.301B | 0.00 |
| Toast (TOST) | United States | $19.952B | 0.00 |
| Pinterest (PINS) | United States | $19.808B | 81.42 |
| Topicus (TOITF) | Canada | $18.004B | 76.60 |
| Docusign (DOCU) | United States | $16.268B | 79.36 |
| Aspen Technology (AZPN) | United States | $15.717B | 44.22 |
| Twilio (TWLO) | United States | $15.656B | 226.82 |
| F5 (FFIV) | United States | $14.319B | 23.35 |
| Bentley Systems (BSY) | United States | $13.890B | 54.92 |
| Monday (MNDY) | Israel | $13.337B | 321.23 |
| Paycom Software (PAYC) | United States | $13.090B | 27.72 |
| Dayforce (DAY) | United States | $12.411B | 75.67 |
| Paylocity Holding (PCTY) | United States | $11.247B | 47.36 |
| Nice (NICE) | Israel | $10.770B | 21.23 |
| GitLab (GTLB) | United States | $10.400B | 0.00 |
| Elastic (ESTC) | United States | $9.672B | 0.00 |
| BILL Holdings (BILL) | United States | $9.313B | 183.63 |
| Unity Software (U) | United States | $9.048B | 0.00 |
| Rubrik (RBRK) | United States | $8.845B | 0.00 |
| AppFolio (APPF) | United States | $8.601B | 79.98 |
| Vertex (VERX) | United States | $8.335B | 144.43 |
| Informatica (INFA) | United States | $8.077B | 66.12 |
| Clearwater Analytics Holdings (CWAN) | United States | $7.843B | 317.50 |
| Smartsheet (SMAR) | United States | $7.763B | 0.00 |
| OneStream (OS) | United States | $7.282B | 0.00 |
| HashiCorp (HCP) | United States | $6.868B | 0.00 |
| Trump Media & Technology Group (DJT) | United States | $6.614B | 0.00 |
| Waystar Holding (WAY) | United States | $5.359B | 0.00 |
| Workiva (WK) | United States | $5.255B | 0.00 |
| Tenable Holdings (TENB) | United States | $5.028B | 0.00 |
| Freshworks (FRSH) | United States | $5.009B | 0.00 |
| KANZHUN LIMITED (BZ) | China | $4.899B | 30.05 |
| Box (BOX) | United States | $4.800B | 145.70 |
| NCino (NCNO) | United States | $4.674B | 449.44 |
| Intapp (INTA) | United States | $4.577B | 0.00 |
| Alight (ALIT) | United States | $4.279B | 16.77 |
| Alkami Technology (ALKT) | United States | $3.893B | 0.00 |
| BlackLine (BL) | United States | $3.855B | 42.84 |
| Kingdee Software Group (KGDEY) | China | $3.795B | 0.00 |
| Clarivate (CLVT) | United Kingdom | $3.651B | 7.67 |
| CLEAR Secure (YOU) | United States | $3.609B | 27.25 |
| DigitalOcean Holdings (DOCN) | United States | $3.587B | 33.22 |
| Compass (COMP) | United States | $3.434B | 0.00 |
| DoubleVerify Holdings (DV) | United States | $3.383B | 54.05 |
| Asana (ASAN) | United States | $3.359B | 0.00 |
| Appian (APPN) | United States | $3.292B | 0.00 |
| JFrog (FROG) | United States | $3.254B | 0.00 |
| Paycor HCM (PYCR) | United States | $3.078B | 71.38 |
| Five9 (FIVN) | United States | $2.893B | 0.00 |
| StoneCo (STNE) | Cayman Islands | $2.864B | 7.13 |
| Flywire (FLYW) | United States | $2.853B | 152.87 |
| Rapid7 (RPD) | United States | $2.682B | 37.23 |
| Grindr (GRND) | United States | $2.637B | 78.58 |
| Rumble (RUM) | United States | $2.501B | 0.00 |
| ODDITY Tech (ODD) | Israel | $2.452B | 27.29 |
| Ziff Davis (ZD) | United States | $2.446B | 10.04 |
| Magnite (MGNI) | United States | $2.328B | 97.35 |
| AvidXchange Holdings (AVDX) | United States | $2.236B | 543.50 |
| SolarWinds (SWI) | United States | $2.226B | 21.05 |
| SEMrush Holdings (SEMR) | United States | $2.165B | 184.50 |
| EverCommerce (EVCM) | United States | $2.138B | 0.00 |
| Calix (CALX) | United States | $2.130B | 229.43 |
| PagerDuty (PD) | United States | $1.846B | 0.00 |
| Diebold Nixdorf (DBD) | United States | $1.662B | 7.50 |
| WEBTOON Entertainment (WBTN) | United States | $1.515B | 0.00 |
| Zuora (ZUO) | United States | $1.500B | 0.00 |
| Docebo (DCBO) | Canada | $1.467B | 61.42 |
| Kingsoft Cloud Holdings (KC) | China | $1.466B | 0.00 |
| Evolent Health (EVH) | United States | $1.351B | 27.59 |
| Blend Labs (BLND) | United States | $1.333B | 0.00 |
| Enfusion (ENFN) | United States | $1.299B | 202.00 |
| Arlo Technologies (ARLO) | United States | $1.193B | 0.00 |
| VTEX (VTEX) | United Kingdom | $1.174B | 106.33 |
| Getty Images Holdings (GETY) | United States | $1.155B | 25.55 |
| Olo (OLO) | United States | $1.146B | 0.00 |
| Udemy (UDMY) | United States | $1.102B | 0.00 |
| Couchbase (BASE) | United States | $1.079B | 0.00 |
| Fastly (FSLY) | United States | $1.068B | 0.00 |
| E2open Parent Holdings (ETWO) | United States | $1.025B | 16.61 |
| Soho House & Co (SHCO) | United Kingdom | $0.986B | 0.00 |
| Planet Labs PBC (PL) | United States | $0.974B | 0.00 |
| Radware (RDWR) | Israel | $0.973B | 257.56 |
| Hello Group (MOMO) | China | $0.951B | 6.56 |
| Nextdoor Holdings (KIND) | United States | $0.944B | 0.00 |
| Penguin Solutions (PENG) | Cayman Islands | $0.928B | 29.02 |
| CI&T (CINT) | Brazil | $0.918B | 34.15 |
| Bumble (BMBL) | United States | $0.856B | 13.88 |
| Riskified (RSKD) | United States | $0.817B | 0.00 |
| Tuya (TUYA) | China | $0.812B | 0.00 |
| I3 Verticals (IIIV) | United States | $0.790B | 66.80 |
| PubMatic (PUBM) | United States | $0.774B | 52.26 |
| ONESPAN INC (OSPN) | United States | $0.671B | 16.67 |
| Yalla Group (YALA) | $0.671B | 5.79 | |
| Thryv Holdings (THRY) | United States | $0.608B | 0.00 |
| Cognyte Software (CGNT) | Israel | $0.585B | 0.00 |
| Quantum Computing (QUBT) | United States | $0.487B | 0.00 |
| Consensus Cloud Solutions (CCSI) | United States | $0.458B | 5.07 |
| Innovid (CTV) | Israel | $0.447B | 0.00 |
| Materialise (MTLS) | Belgium | $0.442B | 27.70 |
| D-Wave Quantum (QBTS) | United States | $0.441B | 0.00 |
| Porch (PRCH) | United States | $0.426B | 0.00 |
| ReposiTrak (TRAK) | United States | $0.414B | 73.13 |
| 8x8 Inc (EGHT) | United States | $0.385B | 0.00 |
| Domo (DOMO) | United States | $0.351B | 0.00 |
| Arteris (AIP) | United States | $0.340B | 0.00 |
| CS Disco (LAW) | United States | $0.332B | 0.00 |
| Kaltura (KLTR) | United States | $0.329B | 0.00 |
| Jiayin Group (JFIN) | China | $0.310B | 1.93 |
| Audioeye (AEYE) | United States | $0.307B | 148.47 |
| ON24 (ONTF) | United States | $0.268B | 0.00 |
| Backblaze (BLZE) | United States | $0.250B | 0.00 |
| Sangoma Technologies (SANG) | Canada | $0.203B | 0.00 |
| Chegg (CHGG) | United States | $0.188B | 18.00 |
| Inseego (INSG) | United States | $0.183B | 0.00 |
| Rimini Street (RMNI) | United States | $0.175B | 4.49 |
| Perfect (PERF) | Taiwan | $0.161B | 17.18 |
| Digital Turbine (APPS) | United States | $0.152B | 18.38 |
| EGain (EGAN) | United States | $0.147B | 27.16 |
| Trident Digital Tech Holdings (TDTH) | Singapore | $0.141B | 0.00 |
| Cheetah Mobile (CMCM) | China | $0.138B | 0.00 |
| YXT.COM - (YXT) | China | $0.126B | 0.00 |
| A2Z Cust2Mate Solutions (AZ) | Canada | $0.106B | 0.00 |
| Synchronoss Technologies (SNCR) | United States | $0.097B | 0.00 |
| Rekor Systems (REKR) | United States | $0.091B | 0.00 |
| Upland Software (UPLD) | United States | $0.090B | 8.63 |
| Phunware (PHUN) | United States | $0.088B | 0.00 |
| GAN (GAN) | United States | $0.083B | 0.00 |
| MultiSensor AI Holdings (MSAI) | United States | $0.051B | 0.00 |
| IZEA WORLDWIDE, INC (IZEA) | United States | $0.049B | 0.00 |
| Aurora Mobile (JG) | China | $0.049B | 0.00 |
| MIND C.T.I (MNDO) | Israel | $0.039B | 8.90 |
| SurgePays (SURG) | United States | $0.036B | 0.00 |
| KOREs (KORE) | United States | $0.035B | 0.00 |
| Wireless Ronin Technologies (CREX) | United States | $0.035B | 22.47 |
| Veea (VEEA) | United States | $0.028B | 0.00 |
| Wellchange Holdings (WCT) | Hong Kong, SAR China | $0.026B | 0.00 |
| SCHMID Group (SHMD) | Cayman Islands | $0.026B | 0.00 |
| OneMedNet (ONMD) | United States | $0.024B | 0.00 |
| VirnetX Holding Corp (VHC) | United States | $0.019B | 0.00 |
| Lifeward (LFWD) | United States | $0.016B | 0.00 |
| Next Technology Holding (NXTT) | China | $0.016B | 0.00 |
| EzFill Holdings (EZFL) | United States | $0.016B | 0.00 |
| ARB IOT Group (ARBB) | $0.015B | 0.00 | |
| CISO Global (CISO) | United States | $0.014B | 0.00 |
| Locafy (LCFY) | Australia | $0.010B | 0.00 |
| MF (MFI) | Hong Kong, SAR China | $0.010B | 0.00 |
| LeddarTech Holdings (LDTC) | Canada | $0.009B | 0.00 |
| Nvni Group (NVNI) | United States | $0.008B | 0.00 |
| Verb Technology (VERB) | United States | $0.008B | 0.00 |
| Amesite (AMST) | United States | $0.007B | 0.00 |
| Iveda Solutions (IVDA) | United States | $0.006B | 0.00 |
| DatChat (DATS) | United States | $0.006B | 0.00 |
| Femto Technologies (BCAN) | Israel | $0.005B | 0.00 |
| Versus Systems (VS) | Canada | $0.004B | 0.00 |
| Oblong (OBLG) | United States | $0.004B | 0.00 |
| SCWorx (WORX) | United States | $0.003B | 0.00 |
| ICoreConnect (ICCT) | United States | $0.002B | 0.00 |
| My Size (MYSZ) | Israel | $0.001B | 0.00 |
| Qutoutiao (QTT) | China | $0.000B | 0.00 |
| Castlight Health, Inc (CSLT) | United States | $0.000B | 0.00 |
| ForgeRock (FORG) | United States | $0.000B | 0.00 |
| Karooooo (KARO) | Singapore | $0.000B | 27.19 |
| Cloopen (RAAS) | China | $0.000B | 0.00 |
| VSee Health (VSEE) | United States | $0.000B | 0.00 |