SNAP Q2 2026 Earnings — Income Statement Breakdown
For its Q2 2026 period (ending 2026-06-30), SNAP reported revenue of $1.6B, gross profit of $931M (58.2% gross margin), operating income of −$171M, and net income of −$164M (-10.3% net margin). The flow of revenue into costs and profit is visualized below.
What changed
SNAP reported a net loss; no comparable cached period is available, and revenue beat consensus by 3.9%.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | Not available | Not available | Not available |
Consensus revenue estimate was $1.5B; reported revenue was +3.9% versus consensus. EPS was $0.00 versus $-0.12 expected.
SNAP Q2 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $1.6B | 100% |
| Cost of Revenue | −$668M | 41.8% |
| Gross Profit | $931M | 58.2% |
| Research & Development | −$542M | 33.9% |
| Selling, General & Administrative | −$560M | 35.0% |
| Operating Income | −$171M | -10.7% |
| Interest Expense | −$37M | 2.3% |
| Other Income, net | $22M | 1.3% |
| Income Tax Expense | −$2M | 0.2% |
| Net Income | −$164M | -10.3% |
Source: original SEC filing (filed 2026-08-03). Accession 0001564408-26-000047. Data normalized by EarningsFyi.