Snap (NYSE:SNAP) Surprises With Strong Q2 CY2026, Stock Soars – StockStory

Social network Snapchat (NYSE: SNAP) reported revenue ahead of Wall Street’s expectations in Q2 CY2026, with sales up 18.9% year on year to $1.60 billion. Its GAAP loss of $0.10 per share was 18.3% above analysts’ consensus estimates. Is now the time to buy Snap? Find out in our full research report. Snap (SNAP) Q2 CY2026 Highlights: Revenue: $1.60 billion vs analyst estimates of $1.54 billion (18.9% year-on-year growth, 3.8% beat) EPS (GAAP): -$0.10 vs analyst estimates of -$0.12 (18.3% beat) Adjusted EBITDA: $249.6 million vs analyst estimates of $185.3 million (15.6% margin, 34.7% beat) Operating Margin: -10.7%, up from -19.3% in the same quarter last year Free Cash Flow Margin: 7.5%, down from 18.7% in the previous quarter Market Capitalization: $7.89 billion Company Overview Founded by Stanford University students Evan Spiegel, Reggie Brown, and Bobby Murphy, and originally called Picaboo, Snapchat (NYSE: SNAP) is an image centric social media network. Revenue Growth Examining a company’s long-term performance can provide clues about its quality. Any business can put up a good quarter or two, but many enduring ones grow for years. Thankfully, Snap’s 12.3% annualized revenue growth over the last three years was decent. Its growth was slightly above the
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