In the second quarter of 2026, Snap's revenue reached $1.6 billion, up 19% year-on-year, surpassing market estimates of $1.54 billion. Adjusted EBITDA stood at $250 million, also outperforming the market expectation of $192.3 million. Daily active users reached 490 million, in line with market estimates. The company expects revenue for the third quarter to be between $1.7 billion and $1.74 billion, with adjusted EBITDA projected at $300 million to $350 million, compared to analyst expectations of $1.7 billion and $327.6 million, respectively.