AI brief of an SEC Form 8-K · Snap Inc (SNAP)

Snap Q2 revenue rises 19% to $1.6 billion; net loss narrows to $164 million

Positive Impact 3 of 5 earnings Written later

Snap reported second-quarter 2026 results on August 3, 2026, with revenue of $1.6 billion, up 19% from a year earlier, and a net loss of $164 million, down from $263 million. Adjusted EBITDA rose to $250 million from $41 million, and free cash flow was $121 million, compared with $24 million. Shareholders should note $128.5 million in restructuring charges, which the company excluded from Adjusted EBITDA, and that the Q3 2026 outlook was to be discussed on the earnings call rather than in the filing.

Key points

  • Q2 2026 revenue was $1,599 million, up 19% from $1,345 million; diluted net loss per share was $0.10, versus $0.16 a year earlier.
  • Net loss was $164 million, compared with $263 million; operating loss was $171 million, compared with $260 million.
  • Restructuring charges of $128.5 million were included in results for the quarter and excluded from Adjusted EBITDA.
  • Free cash flow was $121 million for the quarter, compared with $24 million; the Q3 2026 outlook was not included in the release.

The filing

CompanySnap Inc (SNAP)
Form8-K, current report
Filed with the SECAug 3, 2026, 4:13 PM ET
Accession number0001564408-26-000047

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 03, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.