Welcome to our dedicated page for Snap news (Ticker: SNAP), a resource for investors and traders seeking the latest updates and insights on Snap stock.
Snap Inc. reports developments tied to Snapchat, its visual messaging app, and to adjacent digital products including Bitmoji, Saturn, and Specs. Company news commonly covers advertising revenue, daily user trends, product and ad-format updates, augmented reality features, and the development of Specs through its wholly owned subsidiary, Specs Inc.
Recurring updates also include quarterly financial results, investor communications, strategic technology collaborations, stock repurchase authorizations, board appointments, and governance-related shareholder activity. The company’s news flow reflects its advertising-supported social platform, investments in augmented reality and intelligent eyewear, and capital allocation decisions for its Class A common stock.
Snap (NYSE: SNAP) reported Q2 2026 revenue of $1.60 billion, up 19% year-over-year from $1.34 billion. Net loss was $164 million, narrowing from $263 million a year earlier, while diluted net loss per share improved to $(0.10) from $(0.16).
Adjusted EBITDA rose to $250 million from $41 million, and operating loss decreased to $171 million from $260 million. Operating cash flow was $176 million, up 99% from $88 million, and Free Cash Flow increased to $121 million from $24 million. Common shares outstanding were 1,682 million, unchanged year-over-year. Cash, cash equivalents, and restricted cash ended the quarter at $960 million. According to Snap, Q3 2026 outlook details will be discussed on its earnings call and in its investor letter.
Snap (NYSE: SNAP) will hold its quarterly conference call to discuss Q2 2026 financial results on Monday, August 3, 2026, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).
A live webcast and replay will be available on Snap’s investor relations website for at least 90 days.
Snap (NYSE: SNAP) introduced SPECS, see-through augmented reality glasses that function as a standalone wearable computer. SPECS cost $2,195, require a $200 refundable deposit, are available for pre-order at SPECS.COM, and are expected to ship this fall in the US, UK, and France.
Features include dual Snapdragon processors, a 51-degree field-of-view LCOS display, electrochromic lenses, up to 4 hours of mixed-use battery life (20 with case), new developer tools for Lenses, and a privacy-first design.
Snap (NYSE: SNAP) received a credit rating upgrade from S&P Global Ratings, with its issuer and unsecured notes ratings raised to BB- from B+ and a positive outlook.
S&P cited lower leverage, stronger cash flow, expected revenue growth, and a major cost savings program. Q1 revenue rose 12% to $1.53 billion, net loss improved to $89 million, adjusted EBITDA reached $233 million, free cash flow was $286 million, Other Revenue grew 87% to $285 million, and Snap targets over $500 million in annualized cost reductions in second-half 2026.
Snap (NYSE: SNAP) appointed Luke Wood to its board of directors, effective May 20, 2026. Wood is former President of Beats by Dr. Dre and a former Apple Vice President.
He is CEO and co-founder of Violet St Holdings and serves on Fender’s board.
Snap Inc (NYSE: SNAP) reported Q1 2026 results: revenue $1,529M (+12% YoY), Adjusted EBITDA $233M, net loss $89M, operating cash flow $327M and free cash flow $286M. DAU reached 483M (+5% YoY) and MAU reached 956M (+5% YoY). The company highlighted growth in AR, Spotlight, Other Revenue and continued investment in Specs.
Snap (NYSE: SNAP) will hold its first quarter 2026 results conference call on Wednesday, May 6, 2026 at 2:00 p.m. PT (5:00 p.m. ET).
A live webcast and replay will be accessible on the company’s investor relations website and will remain available for at least 90 days.
Snap (NASDAQ: SNAP) and Qualcomm announced a multi-year strategic agreement to power future generations of Specs with Snapdragon XR system-on-chip platforms. Specs are standalone, see-through glasses launching for consumers later this year and will run on-device AI, advanced graphics, and low-power compute.
The collaboration builds on more than five years of previous work, aligns long-term roadmaps, and aims to create a scalable developer ecosystem and predictable product cadence for increasingly sophisticated multiuser digital experiences.
Irenic Capital Management, a ~2.5% economic shareholder in Snap (NYSE: SNAP), sent a public letter to CEO Evan Spiegel and published a presentation, urging steps to unlock value to an estimated $26.37 per share (~$35B market cap).
Recommendations include spinning or shutting Specs, cutting discretionary spending, aligning compensation to performance, prioritizing AI-driven ad monetization, accelerating buybacks (~$5.8B proposed), and converting to one-vote-per-share to improve governance and index inclusion.
Snap (NYSE: SNAP) filed its Annual Report on Form 10-K for the year ended December 31, 2025, including audited financial statements. The filing is available online at investor.snap.com and www.sec.gov.
Stockholders may request a printed copy free of charge by writing to the Corporate Secretary at 3000 31st Street, Santa Monica, CA 90405. Investor and press contact emails are provided for inquiries.