secwatch.observer — SEC 8-K summary
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Issuer:     Snap Inc (SNAP)
CIK:        0001564408
Form:       8-K
Filed at:   2025-08-05T23:59:59+00:00
Accession:  0001564408-25-000047
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Snap Q2: revenue +9% to $1.345B; net loss $263M; DAU 469M; SVP Engineering departs
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- Revenue $1,345M (+9% YoY); net loss $263M (vs $249M loss); Adj. EBITDA $41M (vs $55M).
- DAU 469M (+9% YoY); MAU 932M (+7% YoY); Snapchat+ ~16M subs, Other Revenue +64% YoY.
- Operating cash flow $88M (vs -$21M); Free Cash Flow $24M (vs -$73M).
- Eric Young, SVP Engineering, to depart Aug 15; transition not related to disagreements.
- Sponsored Snaps rolled out more broadly; delivering up to 22% incremental conversions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1564408/000156440825000047/0001564408-25-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1564408/000156440825000047/snap-20250804.htm
  HTML page:      https://secwatch.observer/filing/0001564408-25-000047

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer