Snap's first quarter 2026 revenue rose 12% to $1.53 billion as Adjusted EBITDA jumped 115%.

Snap reported first quarter revenue of $1.53 billion, an increase of 12% year-over-year, and a net loss per share of $0.05, beating analyst estimates. The company saw a return to user growth, with Daily Active Users (DAUs) increasing 5% to 483 million, and generated strong free cash flow of $286 million, up 150% from the prior year.

Key Highlights

• Adjusted EBITDA more than doubled, increasing 115% year-over-year to $233 million, demonstrating significant progress on profitability.
• The company returned to user growth, with Daily Active Users (DAUs) increasing 5% year-over-year to 483 million.
• Revenue diversification efforts showed strong results, with 'Other Revenue' growing 87% year-over-year to $285 million, driven by subscriptions.