“We’re grateful for the opportunity to serve our community and partners through this challenging period of time,” said Evan Spiegel, CEO. Net loss and Adjusted EBITDA were $(945) million and $45 million in 2020, respectively, compared to $(1.0) billion and $(202) million in the prior year, respectively.
Net loss and Adjusted EBITDA were $(113) million and $166 million in Q4 2020, respectively, compared to $(241) million and $42 million in the prior year, respectively. Revenue increased 62% to $911 million in Q4 2020, compared to the prior year. Operating cash flow improved by $14 million to $(53) million in Q4 2020, compared to the prior year.įree Cash Flow improved by $7 million to $(69) million in Q4 2020, compared to the prior year.Ĭommon shares outstanding plus shares underlying stock-based awards totaled 1,630 million at December 31, 2020, compared to 1,576 million one year ago. (NYSE: SNAP) today announced financial results for the quarter and full year ended December 31, 2020. Daily Active Users increased 22% year-over-year to 265 millionįourth quarter revenue increased 62% year-over-year to $911 millionįourth quarter operating cash flow improved 21% year-over-year to $(53) million
