Snap Inc. · NYSE:SNAP
Snap — Corporate Update (April 2026)
10 slides from Snap's corporate update, April 2026
Slide 1: Investor Update: Snap's Path to Net Income Profitability
Investor Update Snap’s Path to Net Income Profitability April 2026
Slide 2: Note Regarding User Metrics and Other Data
2 Note Regarding User Metrics and Other Data We define a Daily Active User, or DAU, as a registered and logged-in Snapchat user who visits Snapchat through our applications or websites at least once during a defined 24-hour period. We calculate average DAUs for a particular quarter by adding the numbe
Slide 3: Profitable Growth Through Improved Efficiency
3 Profitable Growth Through Improved Efficiency Snap faces a crucible moment — squeezed between giants with enormous resources and nimble startups moving fast. To meet this moment, we are pivoting toward profitable growth. Strategic Pivot AI-Driven Transformation Organizational Impact Disciplined invest
Slide 4: Catalysts to 60%+ Gross Margins
4 Catalysts to 60%+ Gross Margins 1 2 3 Monetizable Growth Higher-Margin Ad Placements Scaling Subscriptions Focusing growth investments in Increasing the mix of higher margin ad Scaling Snapchat+ and direct revenue monetizable markets placements streams 60%+ gross margin target for 2026
Slide 5: Transforming How We Operate to Drive Efficiency
5 Transforming How We Operate to Drive Efficiency We are refining our operating model using a "jobs to be done" framework, mapping critical work to a combination of highly focused teams and increasingly capable AI agents. Focused teams aligned to top strategic priorities are allowing us to move faster,
Slide 6: Updated Full-Year 2026 Cost Structure Guidance
6 Updated Full-Year 2026 Cost Structure Guidance As a result of the actions we are announcing today, we are updating our full-year 2026 cost structure guidance as follows: Infrastructure Costs: Reiterating prior full-year guidance of $1.6 billion to $1.65 billion. All Other Adjusted Cost of Revenue
Slide 7: Updated Q1 Financial Outlook
7 Updated Q1 Financial Outlook We are encouraged by our business trends in Q1 2026 and are updating our Q1 Guidance as follows: Revenue: We currently estimate that total revenue will be approximately $1.529 billion in Q1, up 12% year-over-year. Adjusted EBITDA1: We currently estimate that Adjusted E
Slide 8: Long-Term Value Creation
8 Path to 1 billion Monthly Active Users Innovate to drive growth in content engagement Accelerate growth of our direct response advertising Long-Term business and take share in digital advertising Value Creation Scaling subscriptions and diversifying revenue sources Sustainable profitable growth wit
Slide 9: Non-GAAP Measures
9 Non-GAAP Measures To supplement our consolidated financial statements, which are prepared and presented in accordance with GAAP, we use certain non-GAAP financial measures, as described below, to understand and evaluate our core operating performance. These non-GAAP financial measures, which may be d
Slide 10: Snap Inc.
Snap Inc.