Snap Inc. reported serving 971 million monthly active users on Snapchat at the close of Q2 2026, alongside a 5% year-over-year lift in daily active users. Q2 2026 revenue climbed 19% year over year to $1,599 million, versus $1,345 million in the prior-year quarter. Snap’s direct-revenue category cleared a $1 billion annualized revenue run rate, anchored by a global subscription community of more than 25 million Snapchatters.
Regional user counts, ARPU by region, United States adult and teen reach, the subscription portfolio, and the operating structure underneath those numbers are the through-line for the sections below.
Key Takeaways
- Snapchat reached 493 million daily active users in Q2 2026, up 5% year over year, while monthly active users climbed to 971 million on a 4% year-over-year gain. Global reach stayed on trajectory toward one billion monthly users.
- Snap Inc. posted $1,599 million in Q2 2026 revenue, an increase of 19% year over year, versus $1,345 million in Q2 2025. The quarter’s growth rate outpaced every prior period since Q1 2024.
- Snapchat+ surpassed 25 million paid subscribers by the time Snap disclosed the milestone, less than four years after launching in late 2022. The subscription tier remains one of the fastest-growing consumer subscription services globally per Snap’s own disclosure.
- About 25% of U.S. adults reported ever using Snapchat in Pew Research Center’s 2025 social media survey of 5,022 adults conducted between February and June 2025, ranking Snapchat seventh among the eleven platforms Pew tracked.
- 55% of U.S. teens ages 13 to 17 use Snapchat, and 46% visit the app every day, per Pew Research Center’s December 2025 teen survey of 1,458 respondents, making Snapchat the fourth-most-used platform among teens behind YouTube, TikTok, and Instagram.
- Snap Inc. produced $250 million in Adjusted EBITDA in Q2 2026, up from $41 million in the prior-year quarter, on 19% revenue growth. That is roughly a 505% year-over-year jump. The margin swing is the sharpest quarterly improvement in the company’s public history.
- North America ARPU rose 23% year over year to $10.26 in Q2 2026, while Rest of World ARPU held near $1.00. Monetization density in the mature market widened even as North America daily users stopped shrinking.
Editor’s Choice: Snapchat Data at a Glance
- Snapchat’s global ARPU landed at $3.25 in Q2 2026, up 13% year over year.
- North America DAU stabilized at 92 million in Q2 2026, matching Q1 2026 after a multi-quarter slide.
- Rest of World DAU expanded 12% year over year to 303 million in Q2 2026, more than three times the size of North America daily users.
- Snap Inc. generated $121 million in Free Cash Flow in Q2 2026, versus $24 million in Q2 2025, a 407% year-over-year jump.
- Full-time headcount fell to 4,723 as of June 30, 2026, down 9% from 5,206 a year earlier.
- Full-year 2025 revenue reached $5,931 million, an 11% lift over 2024, with a Q4 gross margin of 59%.
- Snap Inc.’s board authorized a stock repurchase program of up to $500 million of its Class A common stock on February 4, 2026, alongside the Q4 2025 earnings release.
Snapchat User Growth Trajectory
- Q2 2026 DAU: 493 million (+5% YoY).
- Q2 2026 MAU: 971 million (+4% YoY).
- Six-quarter DAU net add: 33 million.
- Rest of World contribution to net add: 41 million (+124% of total).
- North America contribution: –7 million.
- Europe contribution: –1 million.
| Quarter | DAU (millions) | MAU (millions) | DAU YoY |
|---|---|---|---|
| Q1 2025 | 460 | 913 | 9% |
| Q2 2025 | 469 | 932 | 9% |
| Q3 2025 | 477 | 943 | 8% |
| Q4 2025 | 474 | 946 | 5% |
| Q1 2026 | 483 | 956 | 5% |
| Q2 2026 | 493 | 971 | 5% |
Source: Snap Inc Q2 2026 Investor Release, August 3 2026
The platform grew from 460 million DAU in Q1 2025 to 493 million in Q2 2026 across six quarters. That is a net add of 33 million daily users across the six-quarter window. Rest of World supplied 41 million net new daily users. North America lost 7 million. Europe lost 1 million over the same window.
Snapchat DAU by Region
- North America DAU: 92 million (-7% YoY, stable QoQ).
- Europe DAU: 98 million (-2% YoY).
- Rest of World DAU: 303 million (+12% YoY).
- Rest of World share of total DAU: 61%.
- North America share of total DAU: 19%.
- Europe share of total DAU: 20%.
Regional splits are where the reshape shows up. North America DAU held at 92 million in both Q1 2026 and Q2 2026, ending a multi-quarter run of sequential declines. Rest of World DAU reached 303 million in Q2 2026, growing 12% year over year. That is roughly 61% of the global daily community. Europe DAU sat at 98 million, essentially flat versus 100 million a year earlier.
The mix shift matters because it changes what growth means: Snap can lift MAU toward its one-billion goal on Rest of World volume even while its highest-monetization market runs sideways on user count.
The regional split shows up in peer platforms too. Snap’s Gen Z-heavy audience shape mirrors the pattern SQ Magazine tracks in its Gen Z social media usage data.
Recent Developments
- August 3, 2026 (2026-08-03): Snap Inc. reported Q2 2026 revenue of $1,599 million, up 19% year over year, and Adjusted EBITDA of $250 million versus $41 million in the prior-year quarter.
- May 6, 2026 (2026-05-06): Q1 2026 revenue reached $1,529 million, up 12% year over year, with 483 million daily active users. North America daily actives declined to 92 million from 94 million in the prior quarter.
- February 18, 2026 (2026-02-18): Snap announced its subscription community surpassed 25 million Snapchatters and its direct-revenue business cleared a $1 billion annualized revenue run rate.
- February 4, 2026 (2026-02-04): Snap Inc. reported Q4 2025 revenue of $1,716 million, up 10% year over year, with a Q4 gross margin of 59% and net income of $45 million. The board authorized a $500 million Class A stock repurchase program in the same release.
- June 30, 2026 (2026-06-30): Snap’s full-time employee count stood at 4,723, down 9% from 5,206 a year earlier, following a $128.5 million restructuring charge recognized in Q2 2026.
Snapchat ARPU by Region
- North America ARPU: $10.26 (+23% YoY).
- Europe ARPU: $3.62 (+36% YoY).
- Rest of World ARPU: $1.00 (+4% YoY).
- Global ARPU: $3.25 (+13% YoY).
- North America ARPU multiple over Rest of World: 10.3x.
ARPU is the metric that distinguishes Snap’s mature markets from its growth regions, and the Q2 2026 gap is stark. North America ARPU landed at $10.26 in Q2 2026, up 23% year over year, while Rest of World ARPU held at $1.00, essentially flat versus $0.96 in Q2 2025. Europe ARPU reached $3.62, a 36% year-over-year gain and the fastest ARPU growth of any region.
The 10-to-1 ratio between North America ARPU and Rest of World ARPU means each North American user monetizes at roughly the level of ten Southeast Asian or Latin American users, even after the recent price acceleration in Europe.
Snapchat Revenue and Profitability
- Q2 2026 revenue: $1,599 million (+19% YoY).
- Q2 2026 revenue on a constant-currency basis: 18% YoY.
- Q2 2026 net loss: $164 million (vs $263 million in Q2 2025).
- Q2 2026 Adjusted EBITDA: $250 million (+505% YoY).
- Q2 2026 Adjusted EBITDA margin: 16%.
- Q2 2026 Free Cash Flow: $121 million (+407% YoY).
- Q2 2026 operating cash flow: $176 million.
- H1 2026 revenue: $3,128 million (+15% YoY).
- H1 2026 Free Cash Flow: $407 million (+194% YoY).
- H1 2025 Free Cash Flow (comparison base): $138 million.
- H1 2025 revenue (comparison base): $2,708 million.
- Q2 2026 revenue growth vs Q2 2025 growth: 19% vs 9%.
- Q2 2026 restructuring charge (excluded from EBITDA): $128.5 million.
Snap’s Q2 2026 print marked the seventh straight quarter of positive year-over-year revenue growth and the highest growth rate in that span. Q2 2026 revenue of $1,599 million grew 19% year over year and 18% on a constant-currency basis. Six-month revenue for the first half of 2026 reached $3,128 million, up 15% from $2,708 million in the same period of 2025. Free Cash Flow across the first six months of 2026 was $407 million, a 194% year-over-year jump from $138 million in H1 2025.
By the numbers: Snap Inc.: Q2 2026 revenue $1,599 million (+19% YoY), Adjusted EBITDA $250 million (+505%), Free Cash Flow $121 million (+407%), operating cash flow $176 million alongside a 9% workforce cut and a $128.5 million restructuring charge.
Snap Inc.’s CEO framed the print in the same release. “Q2 reflects the progress we are making to strengthen our core business and build a more durable financial foundation for Snap,” said Evan Spiegel, co-founder and CEO. “We grew revenue by 19%, expanded margins, and generated positive free cash flow while improving advertising performance and rapidly growing our direct revenue business. We remain focused on serving our 971 million monthly active users, delivering measurable value for advertisers, and investing with discipline to increase free cash flow per share over time.”
Snapchat User Age Demographics
- US adult reach: 25% (Pew 2025 fact sheet, rounded).
- US teen reach (13-17): 55%.
- Daily US teen use: 46%.
- US teen girls using Snapchat: 61%.
- US teen boys using Snapchat: 49%.
- Teen girls to teen boys Snapchat gap: 12 percentage points.
- Teens describing Snapchat use as “almost constant”: 12%.
| Group | Reach | Notes |
|---|---|---|
| US adults, all | 25% | Pew NPORS 2025, N=5,022 |
| US teens, all (13-17) | 55% | Pew Teens 2025, N=1,458 |
| US teen girls | 61% | Pew Teens 2025 |
| US teen boys | 49% | Pew Teens 2025 |
| US teens, daily users | 46% | Pew Teens 2025 |
| US teens, almost constant | 12% | Pew Teens 2025 |
Source: Pew Research Center Social Media Fact Sheet, November 20, 2025; Pew Research Teens Social Media and AI Chatbots 2025, December 9, 2025
Age is the sharpest lens on Snapchat usage in the United States, and Pew’s 2025 data shows the platform still concentrates in the youngest segments. 25% of U.S. adults reported using Snapchat in 2025.
For teens, 55% report ever using Snapchat, and older teens use the platform more than younger teens. 61% of teen girls report using Snapchat, compared with 49% of teen boys, a 12-point gender gap.
Snap’s public messaging has consistently anchored its addressable market at “teens and young adults in 25-plus countries,” so the Pew skew corroborates the pitch to advertisers targeting Gen Z and younger Millennials.
The demographic skew here matches what Pew and Snap have been reporting for years, with older teens consistently outpacing younger teens on Snapchat usage.
Snapchat vs Other Platforms in the United States
- YouTube: 84% of US adults.
- Facebook: 71%.
- Instagram: 50%.
- TikTok: 37%.
- WhatsApp: 32%.
- Reddit: 26%.
- Snapchat: 25%.
- X (formerly Twitter): 21%.
Snapchat sits mid-pack among the eleven platforms Pew asked U.S. adults about in 2025. YouTube led at 84% of U.S. adults ever using the platform, followed by Facebook at 71%, Instagram at 50%, TikTok at 37%, WhatsApp at 32%, Reddit at 26%, Snapchat at 25%, and X at 21%. Snapchat ranked seventh out of the eleven platforms Pew tracked, ahead of only X, Threads, Bluesky, and Truth Social among the widely-adopted set.
The ranking shape holds up in adjacent data: SQ Magazine’s social media demographics by platform breakdown and its Reddit and X platform data page follow the same Pew source lineage.
Snapchat Teen Reach and Frequency
- Teens ever using Snapchat: 55%.
- Teens visiting Snapchat daily: 46%.
- Teens “almost constant” on Snapchat: 12%.
- Teens ever using YouTube: nine-in-ten.
- Teens ever using TikTok: 60%+.
- Teens ever using Instagram: 60%+.
- Teens ever using Facebook: 31%.
- Teens ever using WhatsApp: 24%.
- Teens ever using X: 16%.
- Teens visiting YouTube daily: 75%.
- Teens visiting TikTok daily: 61%.
- Teens visiting Instagram daily: 55%.
- Teens visiting Facebook daily: 20%.
- Teens “almost constant” on TikTok: 21%.
- Teens “almost constant” on Instagram: 12%.
- Teens “almost constant” on Facebook: 3%.
- Cross-platform teens using at least one site “almost constantly”: 36%.
Teen data tells a different story than adult data. Among U.S. teens, YouTube led with roughly nine-in-ten ever using it, followed by TikTok and Instagram at about six-in-ten or more, Snapchat at 55%, Facebook at 31%, WhatsApp at 24%, and X at 16%.
For daily use, roughly three-quarters of teens visit YouTube every day, 61% visit TikTok, 55% visit Instagram, 46% visit Snapchat, and 20% visit Facebook. About 12% of teens describe their Snapchat use as “almost constant,” the same share as for Instagram, while TikTok reaches 21% on that measure.
The 46% daily-teen number for Snapchat sits close to Instagram (55%) and well below TikTok (61%) in Pew’s teen daily-use data. The full peer-set session frequency comparison lives in the Instagram teen usage data and the TikTok audience trajectory.
Snapchat Subscription Portfolio
- Snapchat+ subscribers: 25 million (Feb 2026).
- Direct-revenue annualized run rate: $1 billion (Feb 2026).
- Time from Snapchat+ launch to $1 billion annualized run rate: ~3.3 years (late 2022 to Feb 2026).
- Subscription products in market: 4.
- Snapchat Platinum positioning: ad-light.
- Lens+ positioning: AR/AI creative tools.
Key finding: Snap Inc.: Snap’s direct-revenue category (Snapchat+, Lens+, Snapchat Platinum, Memories Storage Plans) reached a $1 billion annualized revenue run rate in February 2026 with 25 million paid subscribers, less than four years after Snapchat+ launched in late 2022.
| Product | Purpose | Availability |
|---|---|---|
| Snapchat+ | Premium features, customization, Bitmoji Pet, chat wallpapers | Available since late 2022 |
| Lens+ | Advanced AR and generative AI Lenses, unlimited Imagine Lens | Live |
| Snapchat Platinum | Ad-light subscription experience | Live |
| Memories Storage Plans | Extra storage above the 5GB free tier | Live |
Source: Snap Inc Newsroom February 18 2026 and Snap Inc Q2 2026 Investor Release August 3 2026
Snap’s paid tier grew from a single product into a four-part portfolio between 2022 and 2026. Snapchat+ launched in late 2022 and has grown its subscriber count every quarter since, reaching more than 25 million subscribers in February 2026. In addition to Snapchat+, Snap now offers Lens+ (AI- and AR-powered creative tools), Snapchat Platinum (an ad-light experience), and Memories Storage Plans (for Snapchatters with more than 5GB of Memories). Snap disclosed that its direct-revenue category, anchored on the Snapchat+ subscription business, crossed a $1 billion annualized revenue run rate in February 2026.
Snapchat Adult Adoption Over Time
- 2025 US adult Snapchat share (Pew NPORS raw topline): 26%.
- 2024 US adult Snapchat share: 28%.
- 2023 US adult Snapchat share: 28%.
- Range across all Pew surveys since 2019: 24-27%.
- 2018 baseline (Pew): 27%.
| Pew survey wave | Snapchat share of US adults |
|---|---|
| January 2018 | 27% |
| February 2019 | 24% |
| February 2021 | 25% |
| September 2023 | 27% |
| June 2024 | 27% |
| June 2025 | 25% |
Source: Pew Research Center NPORS Topline, November 20, 2025; Pew Research Center Social Media Fact Sheet, November 20, 2025
Multi-year Pew data shows Snapchat’s U.S. adult reach ticked down between 2023 and 2025. In Pew Research’s NPORS 2025 topline, 26% of U.S. adults said they use Snapchat, versus 28% in both 2024 and 2023. Snapchat’s adult reach has held between 24 and 27% of U.S. adults across every Pew reading since 2019.
The stability at the adult level, combined with rising teen usage, argues that Snapchat’s US audience is aging with its earliest cohort rather than losing them.
The pattern is one of several stability signatures across the SQ Magazine Social Media coverage.
Snapchat Workforce and Operating Structure
- Full-time employees (June 30, 2026): 4,723 (-9% YoY).
- Full-time employees (June 30, 2025): 5,206.
- Q2 2026 restructuring charges: $128.5 million.
- Cash and cash equivalents (June 30, 2026): $958.8 million.
- Marketable securities (June 30, 2026): $1,700.9 million.
- Long-term debt (June 30, 2026): $3,381.4 million.
The Q2 2026 filing also reveals a leaner operating base than a year earlier. Snap Inc.’s full-time headcount was 4,723 as of June 30, 2026, down 9% from 5,206 as of June 30, 2025. Snap Inc. recognized $128.5 million in restructuring charges in Q2 2026. Cash and cash equivalents were $958.8 million as of June 30, 2026, with total marketable securities of $1,700.9 million, against long-term debt of $3,381.4 million.
Conclusion
Snapchat entered the second half of 2026 with 493 million DAU, 971 million MAU, and revenue up 19% year over year. Snap’s subscription portfolio was anchored on more than 25 million Snapchat+ members as of February 2026.
Two threads carry the next twelve months: whether Rest of World keeps adding 40 million daily users a year, and whether North America stays flat while ARPU keeps its 23% climb.
































































