Snap Q1 revenue up 12% to $1.53B, net loss narrows to $89M, Adj EBITDA $233M

Snap Inc

2026-Q1 EPS reported -$0.05 revenue$1,528,791,000

Revenue $1,529M (+12% YoY); Advertising $1.24B (+3%), Other Revenue $285M (+87%).
Net loss $89M (vs $140M loss); Adj EBITDA $233M (+115%); FCF $286M (+150%).
Global DAU 483M (+5% YoY), MAU 956M (+5%); Spotlight time spent +11% YoY.
SMB ad spend in NA grew >30% YoY; large NA advertisers remain a headwind but early signs of improvement.
Q2 outlook discussed on call; FY2026 gross margin target of 60%+ remains on track.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Snap Inc reported the quarter ended March 31, 2026 results: revenue $1,529 million, net income $89 million, EPS $ (0.05).

Period: the quarter ended March 31, 2026
Revenue: $1,529 million
Net income: $89 million
EPS: $ (0.05)
Result: reported results

Exact text from the filing

Revenue was $1,529 million, compared to $1,363 million in the prior year, an increase of 12% year-over-year. • Net loss was $89 million, compared to $140 million in the prior year. • Adjusted EBITDA was $233 million, compared to $108 million in the prior year. • Operating cash flow was $327 million, compared to $152 million in the prior year. • Free Cash Flow was $286 million, compared to $114 million in the prior year. Three Months Ended March 31, Percent Change 2026 2025 (Unaudited) (dollars in thousands, except per share amounts) Revenue $ 1,528,791 $ 1,363,217 12 % Operating loss $ (74,449) $ (193,846) 62 % Net loss $ (88,951) $ (139,587) 36 % Adjusted EBITDA (1) $ 233,333 $ 108,425 115 % Net cash provided by operating activities $ 326,779 $ 151,610 116 % Free Cash Flow (2) $ 286,007 $ 114,396 150 % Diluted net loss per share attributable to common stockholders $ (0.05) $ (0.08) 38 %

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

Snap Inc filing history →

Source: SEC EDGAR

accession 0001564408-26-000024

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.