Snap's second-quarter revenue rose 19% and its stock climbed about 8%

Snap, the owner of the Snapchat social network, published its second-quarter results on Monday, Aug. 3, 2026 (12 Mordad 1405), with revenue and earnings above analyst expectations. The stock jumped about 8% in extended trading.

Second-quarter revenue reached $1.6 billion against a market forecast of $1.54 billion, a 19% rise from $1.34 billion a year earlier. The net loss narrowed to $164 million from $262.6 million a year ago, and adjusted earnings of $250 million beat the $192 million estimate. Global daily active users came in at 493 million (487 million expected) and average revenue per user at $3.25 (against $3.16 expected).

The picture was not uniform: daily active users in North America fell 7% year on year to 92 million. The company guided third-quarter revenue to between $1.7 billion and $1.74 billion, and lifted its full-year infrastructure cost range by $50 million to between $1.65 billion and $1.7 billion, citing investment in AI infrastructure.