{
  "schema_version": "1.1",
  "id": "snap-q2-2026-revenue-1-6-billion-up-19-percent",
  "slug": "snap-q2-2026-revenue-1-6-billion-up-19-percent",
  "url": "https://groundedkit.com/claims/snap-q2-2026-revenue-1-6-billion-up-19-percent/",
  "api_url": "https://groundedkit.com/api/claims/snap-q2-2026-revenue-1-6-billion-up-19-percent.json",
  "claim": "Snap's Q2 2026 revenue was $1.599 billion, up 19% year over year",
  "commonly_cited_as": "\"Snapchat is shrinking\"",
  "verdict": "verified",
  "verdict_definition": "Primary source found; it says the same thing, the scope matches, and it is reasonably current.",
  "confidence": "high",
  "rating": {
    "value": 5,
    "best": 5,
    "worst": 1
  },
  "origin": {
    "publisher": "Snap Inc.",
    "title": "Snap Inc. Announces Second Quarter 2026 Financial Results (Aug. 3, 2026)",
    "year": "2026"
  },
  "quote": "Revenue was $1,599 million, compared to $1,345 million in the prior year, an increase of 19% year-over-year.",
  "method": "Snap quarterly earnings release.",
  "drift": [
    "Snap still reported a net loss ($164 million) for the quarter"
  ],
  "interest": "The company reporting its own results; figures are from its earnings release.",
  "safe_rephrasing": "Snap reported Q2 2026 revenue of $1.599 billion, up 19% from $1.345 billion, alongside a $164 million net loss.",
  "sources": [
    {
      "title": "Snap Inc. — Q2 2026 results",
      "url": "https://investor.snap.com/news/news-details/2026/Snap-Inc--Announces-Second-Quarter-2026-Financial-Results/default.aspx",
      "primary": true
    }
  ],
  "kind": "reference_fact",
  "as_of": "Q2 2026 (quarter ended June 30, 2026)",
  "last_checked": "2026-10-17",
  "stale": false,
  "date_reviewed": "2026-10-17",
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/"
}