earnings
confidence high
sentiment positive
materiality 0.75
Snap Q1 revenue +14% to $1.36B; DAU 460M; net loss narrows 54% to $140M
Snap Inc
2025-Q1 EPS reported
-$0.08
revenue$1,363,217,000
- Revenue $1,363M, up 14% YoY; advertising rev $1,211M (DR +14%, brand -3%); Other Rev $152M (+75%, Snapchat+ subscribers ~15M).
- Net loss $140M (improved 54% YoY from $305M); Adjusted EBITDA $108M (+137% YoY); Free Cash Flow $114M.
- DAU 460M (+9% YoY); North America flat at 99M; Europe +3M to 99M; Rest of World +36M to 262M.
- Issued $1.5B senior notes 6.875% due 2033; used proceeds to repurchase $1.44B of convertible notes.
- Sponsored Snaps biddable testing contributed <$10M revenue in Q1; total active advertisers +60% YoY.