Snap Q1 FY26 net loss narrows to $89 million; revenue rises 12% to $1.53 billion
Snap
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- Snap reported Q1 2026 revenue of USD 1.53 billion, up 12% year over year, while net loss narrowed to USD 89 million.
- Adjusted EBITDA climbed to USD 233 million from USD 108 million a year earlier, while free cash flow rose to USD 286 million.
- Global daily active users increased 5% year over year to 483 million, while global monthly active users grew 5% to 956 million.
- Other revenue jumped 87% year over year to USD 285 million, with Dynamic Product Ads revenue up more than 30%.
- CEO Evan Spiegel said Snap returned to growth in daily active users, accelerated revenue growth, expanded margins, generated strong free cash flow, and is investing in Specs ahead of updates expected at AWE on June 16.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Snap Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260506151842) on May 06, 2026, and is solely responsible for the information contained therein.
