SNAP — 10-K Filing

IndemnificationsIn the ordinary course of business, we may provide indemnifications of varying scope and terms to customers, vendors, lessors, investors, directors, officers, employees, and other parties with respect to certain matters. Indemnification may include losses from our breach of such agreements, services we provide, or third-party intellectual property infringement claims. These indemnifications may survive termination of the underlying agreement and the maximum potential amount of future indemnification payments may not be subject to a cap. We have not incurred material costs to defend lawsuits or settle claims related to these indemnifications as of December 31, 2025. We believe the fair value of these liabilities is immaterial and accordingly have no liabilities recorded for these agreements as of December 31, 2025.9. LeasesWe have non-cancelable lease agreements for certain of our offices with original lease terms expiring between 2026 and 2042. Total operating lease costs were $105.5 million, $101.0 million, and $101.0 million for the years ended December 31, 2025, 2024, and 2023, respectively.

The risk profile above reflects the latest cached DredgeCap analysis for SNAP. For the full filing-by-filing analyst report (red flags, primary risk driver, what moves the stock), open SNAP's company page.