Risk factors

Snap (SNAP) risk factors

Item 1A of every Snap Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

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  • FY2025 10-K risk factors
    61 risks6 new3 dropped15 reworded

    New risks emphasize Snapchat+ subscriptions, augmented-reality hardware, platform misuse, and AI-related legal and privacy exposure.

    Filed Feb 05, 2026
  • FY2024 10-K risk factors
    58 risks

    Advertising generated approximately 91% of 2024 revenue, making advertiser demand and monetization the dominant business risk.

    Filed Feb 05, 2025