---
schema_version: "secwatch.filing_event.v1"
accession: "0001564408-26-000011"
form_type: "8-K"
ticker: "SNAP"
cik: "0001564408"
company_name: "Snap Inc"
filed_at: "2026-02-04T23:59:59+00:00"
generated_at: "2026-05-16T04:55:09.753401+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Snap Q4 revenue up 10% to $1.72B, net income $45M; authorizes $500M buyback

## Summary
- Q4 revenue $1,716M (+10% YoY), net income $45M vs $9M, adjusted EBITDA $358M vs $276M
- Q4 gross margin 59% (up 4pp QoQ); full-year revenue $5,931M (+11%), net loss $460M vs $698M
- Board authorized $500M stock repurchase program over 12 months; total cash and securities $2.9B
- DAU declined 3M QoQ to 474M; MAU 946M (+6% YoY); Snapchat+ subscribers 24M (+71%)

## SEC filing metadata
- accession: 0001564408-26-000011
- form_type: 8-K
- ticker: SNAP
- cik: 0001564408
- company_name: Snap Inc
- filed_at: 2026-02-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1564408/000156440826000011/0001564408-26-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1564408/000156440826000011/snap-20260204.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564408-26-000011
- JSON: https://secwatch.observer/filing/0001564408-26-000011.json
- Plain text: https://secwatch.observer/filing/0001564408-26-000011.txt

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