Snap Inc. Reports Fourth‑Quarter and Full‑Year 2025 Results, Highlights Strategic Pivot

SNAP
February 05, 2026

Snap Inc. (NYSE: SNAP) announced its fourth‑quarter and full‑year 2025 financial results on February 5, 2026, reporting revenue of $1.716 billion—a 10% year‑over‑year increase—and net income of $45 million. The company’s adjusted EBITDA rose to $358 million, while gross margin expanded to 59% from 52% in the prior quarter, reflecting a shift toward higher‑margin subscription and AR‑driven revenue streams.

The earnings release noted that operating cash flow reached $270 million and free cash flow was $206 million, underscoring improved cash generation amid a strategic focus on profitability. Snap also announced a $500 million stock‑repurchase program, signaling confidence in its balance sheet and a commitment to returning value to shareholders.

Management highlighted that the Q4 results demonstrate the impact of its pivot away from heavy reliance on advertising toward diversified revenue sources, including Snapchat+ and augmented‑reality initiatives. The company’s guidance for the first quarter of 2026 remains positive, with expectations of continued margin expansion and a focus on profitable growth.

The content on EveryTicker is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.