Snap Posts Its First Full Year of Positive Cash Flow in 2021

Snapchat’s parent also marked its first quarter of positive net income in the fourth quarter

At Social Media Week Europe, 7–8 Nov., we'll explore emerging technologies, sustainability and the future of Web3 with marketers from Dove, Ogilvy, Wendy's, Spotify and more. Save 30% on your pass now (ends 29 Aug.).

Snap Inc. reported its financial results for the fourth quarter of 2021 and the full year, saying that it exceeded guidance across revenue, daily active users and adjusted EBIDTA (earnings before interest, taxes, debt and amortization), and it posted its first quarter of positive net income ($23 million) and its first full year of positive free cash flow ($223 million).

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in