Snap Inc reported results for the quarter ended 2026 with revenue of $1.6B, up 18.9% from the prior-year quarter, while net loss narrowed and diluted EPS improved to ($0.1) from ($0.16).
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$1.6B$1.34B18.9% | Net income²($163.96M)($262.57M)37.6% | Diluted EPS³($0.1)($0.16)37.5% |
¹ Reported as “Revenue”. ² Reported as “Net loss”. ³ Reported as “Diluted earnings per share”.
Business Highlights
- Revenue growth of 19% was driven by higher average revenue per user (ARPU) and increased ad impressions.
- Advertising remains the primary revenue driver, with accelerated growth in subscription and other revenues from new subscription products.
- Daily active users (DAUs) rose 5% year-over-year to 493M, indicating continued engagement and community expansion.
- Company increased R&D spend and completed restructuring to realign priorities, including investments in augmented reality and related specs.
- Monetization gains reflected higher average cost per ad impression and expanded Sponsored Snaps offerings.
Original SEC Filing:
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