The financials
Snap Inc. by the numbers
Snap Inc. (SNAP) reported revenue of $1.53B in Q1 2026 (quarter ended March 31, 2026), up 12% from the same quarter a year earlier. That came with a gross margin of 56% and net loss of $89M. For the full year FY2025, revenue was $5.93B (+11% year on year) and net income −$460M. Its largest region in 2026-Q2 was North America at $905M, 57% of the disclosed total, just ahead of Europe at 22%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $1.53B | $1.36B | +12% |
| Gross profit | $864M | $724M | +19% |
| Operating income | −$74M | −$194M | n/a |
| Net income | −$89M | −$140M | n/a |
| Diluted EPS | −$0.05 | −$0.08 | n/a |
| Geographic | Revenue | Share |
|---|---|---|
| North America | $905M | 57% |
| Europe | $354M | 22% |
| Rest Of World | $340M | 21% |
Business Segments
Revenue split by geographic segment, from SEC XBRL filings.
Latest period: Q2 2026Total $1.60B (+4.6%)
Europe grew +39% year on yearNorth America +13% year on year
Segment Latestquarter on quarteryear on year
- North America$904.9M$904.9MQoQ +9.8%year on year +13%+9.8%+13%
- Europe$353.7M$353.7MQoQ +12%year on year +39%+12%+39%
- Rest Of World$340.3M$340.3MQoQ -12%year on year +19%-12%+19%
Internet Content & Information
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