Verified Confidence: high
Primary source found; it says the same thing, the scope matches, and it is reasonably current.
Safe rephrasing
Snap reported Q2 2026 revenue of $1.599 billion, up 19% from $1.345 billion, alongside a $164 million net loss.
What the source says
Revenue was $1,599 million, compared to $1,345 million in the prior year, an increase of 19% year-over-year.
Snap Inc. — Snap Inc. Announces Second Quarter 2026 Financial Results (Aug. 3, 2026)
- Commonly cited as
- "Snapchat is shrinking"
- True origin
- Snap Inc. — Snap Inc. Announces Second Quarter 2026 Financial Results (Aug. 3, 2026)
- Type
- Reference fact: A frequently needed number or rule taken directly from a primary source (e.g. Pew, Census, IAB/PwC, FTC), with its as-of date.
- Year
- 2026
- Data as of
- Q2 2026 (quarter ended June 30, 2026)
- Last checked
- Method & sample
- Snap quarterly earnings release.
- Drift between quote and source
- Snap still reported a net loss ($164 million) for the quarter
- Interest
- The company reporting its own results; figures are from its earnings release.
Sources we opened
- Snap Inc. — Q2 2026 results primary