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Snap SNAP Q2 2026 earnings

Reported August 3, 2026 · After market close

Revenue$1.6BBeat by $60.5M
EPS-$0.10Beat by $0.02
Revenue estimate$1.5B
EPS estimate-$0.12
“Q2 reflects the progress we are making to strengthen our core business and build a more durable financial foundation for Snap. We grew revenue by 19%, expanded margins, and generated positive free cash flow while improving advertising performance and rapidly growing our direct revenue business. We remain focused on serving our 971 million monthly active users, delivering measurable value for advertisers, and investing with discipline to increase free cash flow per share over time.”
Evan Spiegel

Next report

Nov 4, 2026 (in 2 months)
Revenue estimate$1.7B
EPS estimate$0.16

Financials

Q2 2026

Income statement

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Revenue$1.6B+18.9%
Gross profit$931.1M+34.6%
Operating income-$170.7M+34.3%
Net income-$164.0M+37.6%
EPS (diluted)-$0.10+37.5%

Balance sheet

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Cash & equivalents$958.8M+3.6%
Total debt$4.2B+0.8%
Total equity$1.9B-6.9%
Total assets$7.5B+1.0%

Cash flow

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Operating cash flow$176.2M+99.1%
CapEx$55.7M-13.9%
Free cash flow$120.5M+407%

Valuation & ratios

Valuation

as of 08/27/26
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Market cap$9.17B-22.4%
Enterprise value$12.43B-17.5%
P/S1.4×-0.7×

Profitability

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Gross margin57.3%+3.5pp
Operating margin-5.9%-1.9pp
Net margin-5.6%-1.7pp
FCF margin11.1%+4.1pp

Returns & leverage

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Return on equity-17.8%-4.5pp
Debt / equity2.2×+0.2×
Current ratio2.9×-0.9×

Segments

By geography

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North America$904.9M+12.5%
Europe$353.7M+39.2%
Rest of world$340.3M+18.9%

By product

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Advertising revenue$1.3B+9.3%
Other revenue$316.5M+84.7%

By segment

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Reportable Segment$1.6B+18.9%

FAQ

When did Snap report Q2 2026 earnings?
Snap (SNAP) reported Q2 2026 earnings on August 3, 2026 after market close.
What were Snap's Q2 2026 revenue and EPS?
Snap reported revenue of $1.6B and eps of $-0.10 for Q2 2026.
Did Snap beat estimates in Q2 2026?
Revenue beat the consensus estimate of $1.5B by $60.5M. EPS beat the consensus estimate of $-0.12 by $0.02.
How did Snap's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 18.9% from $1.3B a year earlier and eps grew 23.1% from $-0.13.
Where can I find Snap's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001564408-26-000047) and the 10-Q periodic report (0001564408-26-000052) directly on SEC EDGAR. The filing index links above go to sec.gov.