Highest-materiality recent filing
Snap appoints Douglas Hott as CFO with $1M salary and $14.9M equity grant
Douglas Hott appointed CFO effective May 9, 2026; annual salary $1,000,000.
Snap Q1 revenue up 12% to $1.53B, net loss narrows to $89M, Adj EBITDA $233M
Revenue $1,529M (+12% YoY); Advertising $1.24B (+3%), Other Revenue $285M (+87%).
Snap CFO Derek Andersen to depart May 8, 2026; Doug Hott appointed as replacement
CFO Derek Andersen notified departure for new professional opportunity; no disagreement with company on accounting or strategy.
Snap reports Q1 rev ~$1.53B (+12% YoY), adj EBITDA ~$233M; cuts 16% of staff (~1,000 jobs)
Estimated Q1 2026 revenue $1.529B, up 12% YoY; adjusted EBITDA $233M.
Snap Q4 revenue up 10% to $1.72B, net income $45M; authorizes $500M buyback
Q4 revenue $1,716M (+10% YoY), net income $45M vs $9M, adjusted EBITDA $358M vs $276M
Snap Q3 revenue +10% to $1.51B, net loss narrows; expects DAU may decline in Q4
Q3 revenue $1,507M (+10% YoY), net loss $104M (down from $153M), Adj. EBITDA $182M (+38% YoY).
Snap issues $550M 6.875% notes due 2034; repurchases ~$589.5M convertible notes
Issued $550M principal of 6.875% Senior Notes due 2034, net proceeds ~$541.3M.
Snap Q2: revenue +9% to $1.345B; net loss $263M; DAU 469M; SVP Engineering departs
Revenue $1,345M (+9% YoY); net loss $263M (vs $249M loss); Adj. EBITDA $41M (vs $55M).
On May 20, 2026, our board of directors approved an increase to the size of the board from twelve to thirteen members and appointed Luke Wood to fill the newly created vacancy.
Max materiality 0.80 · Median 0.70 · Most common event leadership