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Jun 30, 2022
Snapchat Q2 2022 Earnings Report
Snapchat's Q2 results were announced, revealing an increase in Daily Active Users but financial results did not meet expectations.
Key Takeaways
Snap Inc. reported a 13% increase in revenue year-over-year, reaching $1,111 million. Daily Active Users (DAU) also saw an 18% increase, totaling 347 million. However, the company experienced a net loss of $422 million and negative operating and free cash flows.
Daily Active Users (DAUs) increased 18% year-over-year to 347 million.
Revenue increased 13% year-over-year to $1,111 million.
Net loss was $422 million, compared to $152 million in the prior year.
Free Cash Flow was $(147) million, compared to $(116) million in the prior year.
Revenue by Geographic Location
Forward Guidance
Due to uncertainties related to the operating environment, Snap Inc. is not providing expectations for revenue or adjusted EBITDA for the third quarter of 2022.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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