---
schema_version: "secwatch.filing_event.v1"
accession: "0001564408-24-000030"
form_type: "8-K"
ticker: "SNAP"
cik: "0001564408"
company_name: "Snap Inc"
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T07:57:20.464347+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Snap Q1 revenue $1.195B (+21%), net loss narrows to $305M; Q2 rev guidance $1.225-1.255B

## Summary
- Revenue $1,195M, +21% YoY; net loss $305M improved from $329M; operating cash flow $88M.
- Adjusted EBITDA $46M vs $1M YoY; free cash flow $38M vs $103M.
- DAU 422M (+10% YoY); Snapchat+ subscribers >9M, more than tripled YoY.
- Q2 outlook: DAU ~431M; rev $1,225-1,255M (15-18% YoY); adj EBITDA $15-45M.
- SMB advertisers +85% YoY; DR ad revenue +17% YoY; ARPU improvement in all regions.

## SEC filing metadata
- accession: 0001564408-24-000030
- form_type: 8-K
- ticker: SNAP
- cik: 0001564408
- company_name: Snap Inc
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1564408/000156440824000030/0001564408-24-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1564408/000156440824000030/snap-20240425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564408-24-000030
- JSON: https://secwatch.observer/filing/0001564408-24-000030.json
- Plain text: https://secwatch.observer/filing/0001564408-24-000030.txt

## Key facts
- Earnings Releases
  Snap Inc reported the three months ended March 31, 2024 results: revenue $1,195 million, EPS (0.19) per share.
  - Period: the three months ended March 31, 2024
  - Revenue: $1,195 million
  - EPS: (0.19) per share
  - Result: reported results
  source text: language in such filing. --- EX-99.1 (EX-99.1) --- Snap Inc. Announces First Quarter 2024 Financial Results First quarter revenue increased 21% year-over-year to $1,195 million Daily Active Users increased 10% year-over-year to 422 million First quarter operating cash flow of $88 million and Free Cash Flow of $38 million SANTA MONICA, Calif. – April 25,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1564408/000156440824000030/0001564408-24-000030-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.