Latest Snap Inc. News & Updates
See the latest news and media coverage for Snap. We track all announcements, press releases, and industry mentions in real time, all in one place.
Camera-focused social media and augmented reality company
snap.com- Headquarters
- Santa Monica, United States
- Founded year
- 2011
- Company type
- Public company
- Number of employees
- 8,000–10,000
Last updated
Latest news about Snap Inc. (Snap)
In short: Snap cut 16% of its workforce to focus on AI and profitability, while preparing for a 2026 consumer launch of its new augmented reality glasses.
Company announcements
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Snap announces Q1 2026 financial results
Revenue rises 12% to $1,529 million. Net loss narrows to $89 million. DAU grows to 483 million. Adjusted EBITDA reaches $233 million.
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Snap introduces AI Sponsored Snaps
This new ad format lets brands engage Snapchatters via AI agents in Chat. It builds on Sponsored Snaps' success and launches in alpha with Experian.
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Snap introduces Place Loyalty on Snap Map
Snapchatters earn tiered 'Top Visitor' badges for frequent visits. It highlights top hotspots friends visit together in Los Angeles and New York.
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Snap announces CFO transition
Derek departs May 8th; Doug Hott assumes CFO role. Organizational changes streamline teams.
Media coverage
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Snap CEO Evan Spiegel: 2026 Is Make-Or-Break As Consumer AR Glasses Launch.
Specs, Snap (NASDAQ:SNAP) CEO Evan Spiegel recently said, calling it a "crucible moment" for consumer augmented reality glasses. The glasses are designed to keep...
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Snap CEO Evan Spiegel Has to Go
He's has had almost 15 years to make Snap profitable. With an activist investor agitating for changes and the stock tanking, Evan Spiegel needs to...
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Snap anticipates Q2 revenue of $1.52B-$1.55B while targeting over $500M annualized cost reduction in H2 2026
Q1 2026 Management view Evan Spiegel (Co-Founder, CEO & Director) said Q1 was “a return to growth in daily active users reaching $483 million,” and...
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Snap shares tumble after geopolitical headwinds weigh on outlook
Snap Inc. (NYSE:SNAP) posted first-quarter results that topped analyst estimates, but the stock slid...
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