SNAP tops revenue guidance as Q2 sales rise 19% and adjusted EBITDA surges 505%, with AI tools, subscriptions and ad growth driving stronger results.
SNAP puts free cash flow per share first as ad gains, subscription growth and disciplined Specs spending aim to drive durable cash generation.
Snap delivered better-than-expected second-quarter results on Monday, helped by higher advertising spending during the FIFA World Cup and improving demand from large advertisers in North America, while also issuing a stronger-than-expected revenue forecast for the current quarter. The upbeat results sent shares of the social media company more than 7% higher in extended trading.
Snap NYSE: SNAP reported second-quarter revenue growth of 19% as the company cited improving advertising performance, rapid expansion in subscription-related revenue and increased cash generation. The company also said it is shifting its primary financial objective toward free cash flow per share while continuing to invest in its Spectacles computing platform.
Snap (SNAP) came out with quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.07 per share. This compares to a loss of $0.01 per share a year ago.
The headline numbers for Snap (SNAP) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Snap Inc. (SNAP) Q2 2026 Earnings Call Transcript
Snap CEO Evan Spiegel sidestepped investors' questions about pre-order demand for the company's long-awaited Specs smart glasses during Monday's earnings call, just weeks before the device's September launch event.
Snap reported better-than-expected earnings and revenue for the second quarter. CEO Evan Spiegel said in an investor letter that the company "saw improving momentum in our advertising business.
Investors will be closely monitoring daily active user growth as multiple countries across the globe have introduced laws banning teens from using social-media platforms.
Snapchat is the latest company to strengthen its stance against AI slop. The social network platform will no longer reward fully AI-generated videos, as it seeks to prioritize human-made content.
Snap Inc. (SNAP) Shareholder/Analyst Call Prepared Remarks Transcript