Company / Interest Expense
Snap Inc Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$22.0M
FY2023
5-year range
$17.7M / $22.0M
FY2019-FY2023
Trend
+2.6%
vs FY2022
Sector context
#49 of 90
Information Technology
What the data says
At $22M, Snap Inc's interest expense ranks #42 of 90 in the Information Technology sector. Interest Expense has increased for 5 consecutive years, from $1M in FY2018 to $22M in FY2023.
Based on SEC 10-K filings.
$22M in FY2023 with a 5-year CAGR of +72.9%.
Increased from $18M to $22M over the past 2 years.
Information Technology sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +78.2%
- 5-Year CAGR
- +72.9%
- 10-Year CAGR
- -
Sector benchmark
#42 of 90 in Information TechnologyTop 46% of 90This company $22.0M Sector average $170.2M
▼
-87.1% below sector average
Key checks
Key Insights
- Snap Inc's interest expense has grown for 5 consecutive years.
- 5-year CAGR of +72.9%, indicating consistent growth.
- In FY2023, interest expense increased 2.6% year-over-year.
- Ranks #49 out of 90 companies in the Information Technology sector.
Company context
Key Data Points
- Altman Z-Score -0.50 (distress zone, below 1.8 threshold)
- Negative profit margin: -8.6%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $22.0M | +2.6% |
| FY2022 | $21.5M | +21.4% |
| FY2021 | $17.7M | +353.9% |
| FY2020 | $3.9M | +12.7% |
| FY2019 | $3.5M | +142.7% |
| FY2018 | $1.4M | +0.0% |
| FY2017 | $1.4M | +0.0% |
| FY2016 | $1.4M | - |
As of FY2023 · SEC Form 10-K · Last checked Jun 30, 2026