- Revenue: $1.36B, +14% YoY
- Net Loss: -$140M, improved 54% YoY
- Adjusted EBITDA: $108M, +137% YoY
CEO Evan Spiegel: "We surpassed 900 million monthly active users, with revenue growth driven by direct-response advertising, SMB momentum, and Snapchat+ subscription expansion."
🌱Revenue & Growth
- Total Revenue: $1.36B, +14% YoY
- North America Revenue: $832M, +12% YoY
- Europe Revenue: $224M, +14% YoY
- Rest of World Revenue: $308M, +20% YoY
- Daily Active Users (DAUs): 460M, +9% YoY
- Monthly Active Users (MAUs): over 900M milestone
- ARPU: $2.96, +5% YoY
💰Profits & Health
- Net Loss: -$140M vs -$305M in Q1 2024
- Operating Loss: -$194M, improved 42% YoY
- Free Cash Flow: $114M, +202% YoY
- Operating Cash Flow: $152M, +72% YoY
- Cash & Equivalents: $911M
📌Business Highlights
- Total active advertisers +60% YoY
- Other Revenue (mostly Snapchat+): +75% YoY
- Launched AI-powered Lenses and Easy Lens creation tool
- Expanded Agency Partner Program for advertisers
- Launched Sponsored Snaps auction testing
🔮Future Outlook
- Focus on accelerating direct-response ad solutions
- Continued growth in Snapchat+ subscriptions
- Expansion of AR platform and Spectacles ecosystem
- Strategic investments to drive monetization and user engagement