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Snap Inc. 10-Q Filings

SNAP NYSE

Every 10-Q that Snap Inc. (SNAP) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow SNAP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SNAP filings page.

Rhea-AI Summary

Snap Inc. reported $1,599.0 million in revenue for the quarter ended June 30, 2026, up 19% year-over-year, driven by higher advertising and subscription revenue. Average Daily Active Users reached 493 million, a 5% increase, and ARPU was $3.25.

Total costs and expenses were $1,769.7 million, including $128.5 million of restructuring charges tied to a planned 16% global headcount reduction. Net loss was $164.0 million (basic and diluted loss per share $(0.10)), versus $262.6 million a year earlier, while Adjusted EBITDA improved to $249.6 million from $41.3 million. Operating cash flow was $176.2 million and Free Cash Flow was $120.5 million. Cash, cash equivalents, and marketable securities totaled $2.7 billion, alongside active share repurchase programs and a diversified mix of senior and convertible notes.

Rhea-AI Summary

Snap Inc. reported first-quarter 2026 results showing solid top-line and cash flow improvement while remaining unprofitable. Revenue rose 12% year-over-year to $1.53 billion, driven by 5% growth in Daily Active Users to 483 million and higher average revenue per user of $3.17.

Net loss narrowed to $89.0 million, or $(0.05) per diluted share, compared with a loss of $139.6 million a year earlier. Adjusted EBITDA more than doubled to $233.3 million, and operating cash flow increased to $326.8 million, supporting free cash flow of $286.0 million and an ending cash, cash equivalents, and marketable securities balance of $2.8 billion.

Other revenue, including subscriptions such as Snapchat+, Lens+, Snapchat Platinum, and Memories Storage Plans, grew sharply to $285.3 million, while advertising revenue increased modestly amid a 17% rise in ad impressions and a 12% decline in cost per impression. Snap continued significant capital returns, repurchasing and retiring 49.9 million Class A shares for about $350.5 million across recently authorized buyback programs. The company also disclosed an April 2026 plan to reduce global headcount by about 16%, expecting $95–$130 million in pre-tax restructuring charges, mostly in the second quarter.

Rhea-AI Summary

Snap Inc. (SNAP) reported Q3 2025 results showing higher revenue and a narrower loss. Revenue reached $1.51 billion, up from $1.37 billion a year ago, driven primarily by advertising ($1.32 billion) and supported by other revenue including subscriptions ($189.7 million). Net loss improved to $103.5 million from $153.2 million, and loss per share was $0.06.

Operating performance strengthened: operating loss narrowed to $128.4 million from $173.2 million, and net cash provided by operating activities was $146.5 million for the quarter. For the first nine months, operating cash flow totaled $386.6 million.

Snap continued to reshape its capital structure. In August, it issued $550 million of senior notes due 2034 at 6.875% and used proceeds to repurchase portions of 2026–2028 convertible notes, recognizing a $29.8 million Q3 gain on extinguishment. Earlier in 2025, Snap issued $1.50 billion of senior notes due 2033 at 6.875% and executed additional note repurchases. The company completed a $500.6 million Class A share repurchase program during the first half of 2025.

As of October 31, 2025, shares outstanding were: Class A 1,465,208,378; Class B 22,523,290; Class C 231,626,943.