Snap's Q2 2026 Financial Results:
Revenue was $1.599 billion, an increase of 19% year-over-year.
Net loss was $164 million, compared to a net loss of $263 million in the same period last year.
Adjusted EBITDA was $250 million, compared to $41 million in the same period last year.
Operating cash flow was $176 million, compared to $88 million in the same period last year.
Free cash flow was $121 million, compared to $24 million in the same period last year.
Evan Spiegel, Co-Founder and CEO, stated:
“Our second-quarter results reflect the progress we’ve made in strengthening our core business and building a more resilient financial foundation for Snap. We delivered 19% revenue growth, improved margins, generated positive free cash flow, saw improved ad performance, and achieved strong growth in our direct response business. We will continue focusing on serving our 971 million monthly active users, delivering measurable value for advertisers, and making disciplined investments aimed at sustainably increasing free cash flow per share over the long term.”
Editor/Liam