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Snap (SNAP) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 4, 2026

Snap (SNAP) reported revenue of $1.6B for the second quarter 2026 (Q2 2026), +19% from a year earlier and +5% from the quarter before. Operating margin was -10.7%, net loss $164M (10.3% of revenue).

Revenue$1.6B
Year over year+19%
Quarter over quarter+5%
Operating margin-10.7%
Net earnings−$164M

Snap, Q2 2026: revenue $1.6B (+19% year over year), operating margin -10.7%, net loss $164M, operating cash flow $176M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$1.6B+5%+19%
Operating profit−$171M——
Net earnings−$164M——
Operating cash flow$176M-46%+99%
Free cash flow$121M—+407%

What changed

Revenue was $1.6B in Q2 2026, up 19% year over year and up 5% from the previous quarter. Advertising revenue was the largest line at 80% of revenue. Other revenue added $0.15B year over year (up 85%), 57% of the total change.

Operating costs exceeded revenue by $0.17B, an operating margin of -10.7%. Total costs grew 10% against revenue growth of 19%. The fastest-growing cost line was Research & development (+22%). The quarter ended with a net loss of $0.16B, wider than the previous quarter's $0.09B loss.

Operating cash flow was $0.18B (up 99% year over year). Non-cash charges added back $0.05B of depreciation and amortization and $0.26B of share-based compensation. Working capital and other items added $0.03B. After purchases of property and equipment ($0.06B), free cash flow as the company reports it was $0.12B.

Questions

What was Snap's revenue in the second quarter 2026?

Snap (SNAP) reported revenue of $1.6B for the second quarter 2026 (Q2 2026), +19% from a year earlier and +5% from the quarter before.

Was Snap profitable in the second quarter 2026?

Operating loss was $171M (-10.7% of revenue) and net loss $164M.

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Source: Snap 10-Q on SEC EDGAR.