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; revenue fell 6.8% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | −6.8% | −462.7% | −12.9 pp |
Consensus estimate data is not available for this report.
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 | $46M | 2.9% |
| Income Tax Expense | −$2M | 0.2% |
| Net Income | −$164M | -10.3% |
Source: SNAP filings on SEC EDGAR (period ended 2026-06-30). Data normalized by EarningsFyi.