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Mar 31, 2022
Snapchat Q1 2022 Earnings Report
Snapchat's Q1 2022 performance reflected growth in community and revenue despite a challenging operating environment.
Key Takeaways
Snap Inc. announced its Q1 2022 financial results, revealing an 18% year-over-year increase in Daily Active Users (DAUs) to 332 million and a 38% year-over-year increase in revenue to $1.06 billion. The company's focus remains on providing value for its community, delivering ROI for advertising partners, and investing in augmented reality.
Daily Active Users (DAUs) increased by 18% year-over-year, reaching 332 million in Q1 2022.
Revenue increased by 38% year-over-year, reaching $1.06 billion in Q1 2022.
Snapchatters are highly engaged with augmented reality, with over 250 million using it daily on average.
The company expanded its content offerings through partnerships and new formats like Dynamic Stories.
Snapchat
Snapchat
Snapchat Revenue by Geographic Location
Revenue by Geographic Location
North America Revenue
CapyFin.comEurope Revenue
CapyFin.comRest of World Revenue
CapyFin.com Forward Guidance
Snap Inc. provided the following forward-looking statements reflecting their expectations for the second quarter of 2022 as of April 21, 2022, and are subject to substantial uncertainty.
Positive Outlook
- Revenue growth year-over-year is estimated to be between 20% and 25%.
- Adjusted EBITDA is estimated to be between breakeven and $50 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income