secwatch.observer — SEC 8-K summary
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Issuer:     Snap Inc (SNAP)
CIK:        0001564408
Form:       8-K
Filed at:   2026-08-03T20:13:07+00:00
Accession:  0001564408-26-000047
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Snap Q2 revenue $1.6B (+19% YoY); net loss narrows to $164M; Q3 revenue guidance $1.70-1.74B
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- Revenue $1,599M (+19% YoY); advertising revenue +9% to $1,280M; other revenue +85% to $316M.
- Net loss $164M vs $263M prior year; adjusted EBITDA $250M vs $41M (505% increase).
- Operating cash flow $176M; free cash flow $121M; gross margin 58% (up 7pp YoY).
- Q3 revenue guidance $1.70-1.74B; adjusted EBITDA guidance $300-350M.
- DAU 493M, MAU 971M; restructuring charges $128.5M excluded from adjusted EBITDA.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1564408/000156440826000047/0001564408-26-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1564408/000156440826000047/snap-20260803.htm
  HTML page:      https://secwatch.observer/filing/0001564408-26-000047

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