secwatch.observer — SEC 8-K summary
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Issuer:     Snap Inc (SNAP)
CIK:        0001564408
Form:       8-K
Filed at:   2026-02-04T23:59:59+00:00
Accession:  0001564408-26-000011
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1564408/000156440826000011/0001564408-26-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1564408/000156440826000011/snap-20260204.htm
  HTML page:      https://secwatch.observer/filing/0001564408-26-000011

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