Snap Inc. (SNAP) beat expectations in Q2 FY2026 on revenue of $1.6B versus the $1.5B estimate (+18.9% YoY) and EPS of $-0.10. The next Snap Inc. (SNAP) earnings date is Nov 4, 2026. Below is the full Snap Inc. earnings breakdown — the risk-adjusted verdict, price forecast, technicals, options and hedge-fund 13F holdings, decoded in plain English.
Snap Inc. (SNAP) Earnings Analysis — key stats
Next earnings date
Nov 4, 2026
Latest reported quarter
Q2 FY2026
Earnings verdict
Beat
EPS beat rate
8 of last 8 (quarters above estimate)
Avg next-day move
±12.4% (over the last 8 reports)
Post-earnings direction
Up 3 / Down 5 (of the last 8 reports)
Implied move (next report)
±36.5% (options-derived · into Nov 4, 2026)
Institutional ownership
28.9% (13F as of 2026-06-30)
Top 10 holders
20.9% (of shares outstanding)
Insider activity
12 buys / 0 sells (recent Form 4 filings)
Revenue
$1.6B (vs $1.5B est · +3.9% surprise · +18.9% YoY)
EPS
$-0.10 (vs $-0.12 est · +17.9% surprise · -39.2% YoY)
Share price
$5.42 (+2.3%)
Market cap
$9.2B
Snap Inc. (SNAP) Earnings Analysis — beat / miss history
Quarter
Revenue
EPS
EPS surprise
Next-day move
Verdict
Q3 FY2026
$1.6B vs $1.5B est
$-0.10 vs $-0.12 est
+17.9%
+23.5%
Beat
Q2 FY2026
$1.5B vs $1.5B est
$-0.05 vs $-0.07 est
+25.2%
-2.1%
Mixed
Q1 FY2026
$1.7B vs $1.7B est
$0.03 vs $-0.03 est
+197.0%
-16.1%
Mixed
Q4 FY2025
$1.5B vs $1.5B est
$0.06 vs $-0.12 est
+149.2%
+7.2%
Mixed
Q3 FY2025
$1.3B vs $1.4B est
$-0.13 vs $-0.16 est
+18.8%
-17.8%
Mixed
Q2 FY2025
$1.4B vs $1.3B est
$0.04 vs $-0.13 est
+130.0%
-9.9%
Mixed
Q1 FY2025
$1.6B vs $1.5B est
$0.16 vs $0.14 est
+14.3%
-4.8%
Mixed
Q4 FY2024
$1.4B vs $1.4B est
$0.08 vs $-0.14 est
+159.2%
+17.8%
Mixed
Top institutional holders
Holder
% outstanding
Shares
Value
QoQ change
Fmr LLC
3.9%
66.5M
$295.3M
-25.0%
Vanguard Capital Management LLC
2.8%
46.9M
$208.3M
-1.6%
Undisclosed filer
2.8%
46.4M
$206.2M
-0.5%
Blackrock, INC.
2.6%
44.0M
$195.4M
-6.9%
Jane Street Group, LLC
2.1%
35.6M
$158.2M
+161.7%
Irenic Capital Management LP
1.8%
30.0M
$133.2M
+0.0%
Aqr Capital Management LLC
1.7%
29.3M
$128.9M
+156.6%
Two Sigma Investments, LP
1.2%
20.4M
$90.6M
+56.9%
Ubs Group Ag
1.0%
17.0M
$75.6M
-11.8%
Invesco Ltd.
1.0%
16.6M
$73.8M
+1073.3%
Recent insider transactions
Insider
Role
Date
Type
Shares
Value
Coffey Kelly
director
2026-08-07
Buy
47K
—
Vargas Fidel
director
2026-08-07
Buy
47K
—
Coles Joanna
director
2026-08-07
Buy
47K
—
Lanzone James
director
2026-08-07
Buy
47K
—
MILLER SCOTT D
director
2026-08-07
Buy
47K
—
Wood Luke
director
2026-08-07
Buy
47K
—
Spence Patrick
director
2026-08-07
Buy
47K
—
Lynton Michael
director
2026-08-07
Buy
47K
—
What you'll find
Next Snap Inc. (SNAP) earnings date, the expected move and the estimates priced in
A clear Beat / Miss / In-line / Mixed verdict the moment Snap Inc. reports
Revenue & EPS versus estimates, guidance and segment trends
Multi-lens price forecast — analyst, quant, technical and options views
Deep research: red flags, risk decoder and earnings-call sentiment
Technicals, options / implied volatility and unusual-activity signals
Hedge-fund and legendary-investor 13F holdings in Snap Inc. (SNAP)
Side-by-side peer and historical earnings comparison
Frequently asked questions
When is Snap Inc.'s next earnings date?
Snap Inc.'s (SNAP) next scheduled earnings date is Nov 4, 2026. Magnisto shows the confirmed date, the options-implied expected move and the revenue and EPS estimates Wall Street is modeling into the report.
Did Snap Inc. (SNAP) beat or miss earnings?
In Q2 FY2026, Snap Inc. (SNAP) posted beat results — revenue of $1.6B versus the $1.5B estimate (+3.9% surprise) and EPS of $-0.10 versus $-0.12 expected (+17.9% surprise). Magnisto decodes every Snap Inc. (SNAP) report into a clear Beat, Miss, In-line or Mixed verdict and checks whether guidance was raised, held or cut.
How often does Snap Inc. beat earnings estimates?
Over its last 8 reported quarters, Snap Inc. (SNAP) beat Wall Street EPS estimates 8 times, most recently a beat result in Q3 FY2026. Magnisto tracks every Snap Inc. (SNAP) quarter's revenue and EPS versus consensus and grades each one Beat, Miss, In-line or Mixed at a unified ±2% threshold.
How much does Snap Inc. stock move after earnings?
Over its last 8 quarterly reports, Snap Inc. (SNAP) moved an average of ±12.4% the day after earnings — ranging from -17.8% (Q3 FY2025) to +23.5% (Q3 FY2026). The stock rose after 3 of those 8 reports and fell after 5. Heading into its next report on Nov 4, 2026, options-implied volatility is pricing in a move of roughly ±36.5% (derived). Magnisto tracks the realized post-earnings move for every Snap Inc. (SNAP) quarter alongside the beat/miss verdict — past moves don't predict the next one.
Who are the largest shareholders of Snap Inc.?
Institutions hold about 28.9% of Snap Inc.'s (SNAP) shares outstanding as of the 2026-06-30 13F quarter. Its largest institutional holders include Fmr LLC (3.9%), Vanguard Capital Management LLC (2.8%), Undisclosed filer (2.8%). Magnisto lists Snap Inc.'s (SNAP) top 13F holders with each stake size and its quarter-over-quarter change.
Are insiders buying or selling Snap Inc. (SNAP)?
In the most recent Form 4 filings Magnisto tracks, Snap Inc. (SNAP) insiders recorded 12 purchases and 0 sales — net buying. Insider transactions are one signal among many and are often routine (option exercises or scheduled 10b5-1 sales), so Magnisto shows the raw feed for you to judge.
What is the forecast for Snap Inc. (SNAP) stock?
Magnisto blends analyst price targets, quantitative research, technical trend and options-implied moves into a scenario range for Snap Inc. (SNAP), anchored to the current $5.42 share price, so you can weigh the bull, base and bear cases for Snap Inc. side by side.
Is Snap Inc. (SNAP) a buy right now?
Magnisto does not give buy or sell tips. It gives you the institutional-grade evidence — the verdict, valuation, risks, technicals and hedge-fund 13F flows — so you can decide whether Snap Inc. fits your own thesis and risk profile. This is research, not investment advice.