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Snap SNAP Business Segments — Net loss

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Other financials

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

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Market cap$9.01B-31.4%
Enterprise value$12.28B-25.2%
P/S1.4×-0.9×

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×

Where this comes from

Reported directly by Snap in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: Snap’s 10-Q, filed August 4, 2026.

Filed
Aug 3, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001564408-26-000052
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Cash flows from operating activities
Net loss$(163,960)$(262,570)$(252,911)$(402,157)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization46,94540,02391,64177,738
Stock-based compensation263,189251,886513,229499,224
Amortization of debt issuance costs and debt discount (premium)(967)(550)(1,898)7,092
Losses (gains) on debt and equity securities, net(129)(1,208)71614,592
Gain on extinguishment of debt(66,939)

Item 1. Financial Statements

FAQ

What is Snap's business segments — net loss?
Snap (SNAP) reported business segments — net loss of -$163.96M in Q2 2026.
How has Snap's business segments — net loss changed year-over-year?
Snap's business segments — net loss increased by 37.6% year-over-year, from -$262.57M to -$163.96M.
What is the long-term trend for Snap's business segments — net loss?
Over 3 years (2022 to 2025), Snap's business segments — net loss has grown at a -29.3% compound annual growth rate (CAGR), from -$1.43B to -$505.7M.
What does business segments — net loss mean?
This represents the bottom-line financial result for the segment after all revenues, operating expenses, and other costs have been accounted for. A negative value indicates that the segment's costs exceeded its revenues during the period.

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