Snap Inc.
SNAP
Jodie read · what matters now
Revenue increased 12.1% versus the comparable filing period.
The story is only the start. Jodie keeps watching the filing evidence, the companies connected to SNAP, and whether its market group begins moving.
Latest filing assessment · baseline
Fundamentals strengthened in the latest filing
10-Q filed 2026-05-07 against the comparable filing from 2025-04-30.
What improved
- Revenue increased 12.1% versus the comparable filing period.
- The operating loss narrowed by 119.4M.
What weakened
No thresholded deterioration was identified.
Filing receipts
“The increase was primarily driven by additional interest expense on our 2033 Notes and 2034 Notes which were issued in February 2025 and August 2025, respectively, and which are discussed within Note 7 to our consolidated financial statements included elsewhere in this Quarterly Report.”
“The increase was primarily driven by higher transaction processing fees due to higher subscription revenue from the growth in the number of subscribers as well as a $24.7 million increase in infrastructure costs, attributable to DAU growth of 5% compared to the prior year.”
“Net cash provided by operating activities for the three months ended March 31, 2026 was also driven by a $174.6 million decrease in accounts receivable, primarily due to the timing of collections, partially offset by $74.9 million in interest payments on our Notes.”
Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.
Who this business touches
The relationships behind SNAP
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
Depended on by
Filing peers
Companies whose filings use similar operating language.
You can see the shape of the network here. Pro opens 9 more links, the original filing receipts, and alerts when connected names begin moving. See Pro →
What is moving around it
Live connections
SNAP is currently a Participant in the organic co-movement group Internet Retail & Services. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Theme membership history
No durable theme membership has been observed for this name yet.