Filing Flows › Snap (SNAP) › Q2 2026 › vs Q2 2025
Snap (SNAP) Q2 2026 vs Q2 2025 (year over year)
Snap's revenue rose $254M (+19%) from $1.3B in Q2 2025 to $1.6B in Q2 2026. The biggest changes: Other revenue +$145M (+85%); Advertising revenue +$109M (+9%).
Snap, Q2 2026: revenue $1.6B (+19% year over year), operating margin -10.7%, net loss $164M, operating cash flow $176M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 7.5% | 1.8% | +5.8 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Advertising revenue | $1.3B | $1.2B | $109M | +9% |
| Other revenue | $316M | $171M | $145M | +85% |
| Revenue | $1.6B | $1.3B | $254M | +19% |
| Other income, net | $9.2M | $4.8M | $4.5M | +94% |
| Net loss | $164M | $263M | −$98.6M | -38% |
| Costs & expenses | $1.8B | $1.6B | $160M | +10% |
| Operating costs | $1.8B | $1.6B | $165M | +10% |
| Income tax | $2.5M | $7.7M | −$5.2M | -68% |
| Cost of revenue | $668M | $653M | $14.6M | +2% |
| Research & development | $542M | $443M | $98.8M | +22% |
| Sales & marketing | $298M | $258M | $40.5M | +16% |
| General & admin | $261M | $250M | $11.2M | +4% |
| Operating cash sources | $340M | $351M | −$10.9M | -3% |
| Depreciation & amortization | $46.9M | $40.0M | $6.9M | +17% |
| Share-based compensation | $263M | $252M | $11.3M | +4% |
| Working capital & other | $30.0M | $59.2M | −$29.1M | -49% |
| Net loss absorbed | $164M | $263M | −$98.6M | -38% |
| Operating cash flow | $176M | $88.5M | $87.7M | +99% |
| Free Cash Flow (company-reported) | $121M | $23.8M | $96.7M | +407% |
| Purchases of property and equipment | $55.7M | $64.7M | −$9.0M | -14% |
Questions
How much did Snap's revenue grow year over year in Q2 2026?
Snap's revenue rose $254M (+19%) from $1.3B in Q2 2025 to $1.6B in Q2 2026.
What drove Snap's revenue change in Q2 2026?
Other revenue +$145M (+85%); Advertising revenue +$109M (+9%).