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).
Snap Q1 revenue +14% to $1.36B; DAU 460M; net loss narrows 54% to $140M
Revenue $1,363M, up 14% YoY; advertising rev $1,211M (DR +14%, brand -3%); Other Rev $152M (+75%, Snapchat+ subscribers ~15M).
Snap issues $1.5B 6.875% senior notes due 2033, repurchases ~$1.445B convertible notes
$1.5B aggregate principal of 6.875% Senior Notes due 2033; net proceeds ~$1.473B after discounts and expenses.
Snap Q4 revenue $1.56B (+14% YoY), net income $9M vs loss a year ago, DAU 453M
Q4 revenue $1,557M up 14%; full-year revenue $5,361M up 16% YoY.
Snap Q3 revenue $1.37B (+15% YoY); net loss improves 58%; authorizes $500M buyback
DAUs 443M (+9% YoY); revenue $1.37B (+15% YoY); net loss $153M, improved 58% from $368M.
Revenue $1.24B (+16% YoY); net loss $249M vs $377M prior year; adj EBITDA $55M vs -$38M.
Snap board entirely replaced via written consent; 10 new directors elected
On July 22, 2024, holders of 231.6M Class C shares (over 99% voting power) acted by written consent to remove the existing board.
Lawsuit settled with judicial approval on Feb 26, 2024; company denies wrongdoing but avoids litigation costs.
Snap issues $750M 0.50% convertible notes due 2030, repurchases $385M of existing notes
Issued $650M in 0.50% Convertible Senior Notes due 2030; initial purchasers exercised $100M option for total $750M.
Snap Q1 revenue $1.195B (+21%), net loss narrows to $305M; Q2 rev guidance $1.225-1.255B
Revenue $1,195M, +21% YoY; net loss $305M improved from $329M; operating cash flow $88M.
Snap repurchases ~$451M of convertible notes in private transactions
Repurchased $100M principal of 0.25% Convertible Senior Notes due 2025 for ~$97.8M cash.
Snap reports Q4 revenue $1.36B (+5% YoY), DAUs up to 414M; Q1 guidance implies Adj. EBITDA loss
Q4 revenue $1,361M (+5% YoY), net loss $248M (improved 14%), adjusted EBITDA $159M (-32% YoY).
Snap to cut ~10% of global workforce; expects $55M-$75M in restructuring charges
Plans to reduce global full-time headcount by approximately 10%.
Snap Q3 revenue up 5% to $1.19B, net loss $368M; COO retiring; $500M buyback
Q3 revenue $1.189B (+5% YoY); net loss $368M (vs $360M prior); Adjusted EBITDA $40M (vs $73M prior).
Snap Q2 revenue falls 4% YoY to $1.07B; guides Q3 revenue down 5% to flat
Net loss narrowed to $377M ($0.24/shr) from $422M; adjusted EBITDA was -$38M vs +$7M a year ago.
Snap hires Eric Young as SVP of Engineering; $1M salary, $40M in RSUs
Eric Young appointed SVP of Engineering, effective June 5, 2023.
Snap Q1 FY23 revenue down 7% YoY to $989M; DAU up 15% to 383M
Net loss narrowed to $329M (diluted EPS -$0.21) from $360M loss in prior year.
Snap Q4 revenue flat at $1.3B, net loss $288M; DAUs up 17% to 375M; no Q1 guidance
Revenue of $1.30B (flat YoY); full-year revenue $4.60B (+12% YoY).
Snap Q3 revenue up 6% to $1.13B; net loss widens to $360M; announces $500M buyback
Revenue $1,128M (+6% YoY); DAUs 363M (+19% YoY).
Snap to cut ~20% of global headcount; preliminary Q3 revenue growth ~8%
Reduce global headcount by ~20% as part of strategic reprioritization; expects pre-tax charges of $110M-$175M in Q3 2022.
Q2 revenue $1.111B (+13% YoY); net loss $422M vs $152M loss in prior year; adjusted EBITDA $7M down 94%.
Macroeconomic environment deteriorated further and faster than anticipated since April 21, 2022 guidance.
Snap Q1 revenue up 38% to $1.06B, DAUs rise 18% to 332M
Revenue $1,063M (+38% YoY); net loss $360M vs $287M loss YoY.
Snap issues $1.5B 0.125% convertible notes due 2028 and enters capped calls
Issued $1.3B in 0.125% convertible senior notes due 2028; underwriters exercised $200M option for total $1.5B.
Snap Q4 revenue $1.3B (+42% YoY), first positive net income of $22.6M; DAUs 319M (+20%)
Q4 revenue $1.298B (+42% YoY); full-year revenue $4.117B (+64% YoY).
Snap Q3 revenue $1.067B (+57% YoY); net loss improves 64% to $72M; DAUs 306M (+23%)
Revenue $1,067M, up 57% YoY; net loss improved 64% to $72M; adjusted EBITDA $174M, up 209%.
Snap to exchange ~$302M of 0.25% convertible notes for 14M shares of Class A common stock
Exchange agreements with noteholders covering $302.4M principal of 0.25% Convertible Senior Notes due 2025.
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.
On May 5, 2026, our board of directors appointed Douglas Hott as Chief Financial Officer and principal financial officer, effective May 9, 2026.
appointed Jim Lanzone to fill the newly created vacancy.
On October 20, 2023, Jerry Hunter, our Chief Operating Officer, notified us that he will retire on July 1, 2024.
On September 14, 2023, our board of directors approved an increase to the size of the board from nine to ten members and appointed Patrick Spence to fill the newly created vacancy.
On June 5, 2023, Eric Young joined Snap Inc. to serve as Senior Vice President of Engineering.
On September 22, 2021, A.G. Lafley notified us of his decision to resign as a member of our board of directors, effective December 31, 2021.
Max materiality 0.85 · Median 0.70 · Most common event earnings