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SNAP

Snap Loss Narrows In Q1

May 06, 2026 — 04:21 pm EDT

Written by RTTNews.com for RTTNews->

(RTTNews) - Wednesday, Snap Inc. (SNAP) announced its first-quarter financial results, reporting a net loss of $88.95 million, or $0.05 a share, compared to $139.6 million, or $0.08 a share, in the prior year quarter.

Operating loss narrowed to $74.4 million from $193.8 million in the earlier year.

Revenue rose 12 percent, to $1.528 billion from last year's $1.363 billion.

In the after-hours, SNAP is trading at $5.90, down 3.92 percent on the New York Stock Exchange.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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