Snap Inc. Q2 2026 Financial Results

Snap Inc. reported its financial results for the second quarter of 2026, ending June 30. The company announced a 19% year-over-year increase in revenue, reaching $1,599 million. Operating cash flow was $176 million, and Free Cash Flow was $121 million. The net loss for the quarter was $164 million, an improvement from the previous year, while Adjusted EBITDA stood at $250 million. The company highlighted progress in strengthening its core business, expanding margins, and growing direct revenue. Monthly active users reached 971 million, and daily active users were 493 million. Advertising revenue increased by 9% to $1,280 million, and Other Revenue surged by 85% to $316 million, driven by services like Snapchat+ and Memories Storage. Snap Inc. also noted advancements in its AI-powered tools, impacting operational efficiency and advertising effectiveness. The company is focusing on increasing Free Cash Flow per share as its primary financial objective and is continuing to invest in its long-term opportunities, including its SPECS initiative.