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Snap Q1 2025 Profit Report

The CEO of Snap, Evan Spiegel, speaks during the Summit of the World Economy of Semafor 2025 in Conrad Washington on April 23, 2025 in Washington, DC.

Kayla Bartkowski | Getty images

Break He informed the income of the first quarter better than expected on Tuesday, but refused to provide guidance, citing macroeconomic uncertainties that could weigh on advertising demand.

The shares fell more than 14% in trade off hours.

This is how the company did compared to the expectations of Wall Street:

  • Profit per action: Loss of 8 cents. That figure is not comparable to analysts’ estimates.
  • Revenue: $ 1.36 billion compared to $ 1.35 billion expected, according to LSE
  • Global daily active users: 460 million vs. 459 million expected, according to streetacount
  • Average global income per user: $ 2.96 compared to $ 2.93 expected, according to streetacount

Snap did not offer a perspective for the second quarter, citing uncertainties that surround “how macroconomic conditions can evolve in the coming months and how this can affect the advertising demand more widely.”

Analysts waited $ 1.39 billion in the second quarter revenue guide. The company said it expects daily active users to be close to the midpoint of its second quarter in 468 million.

“While our income from the upper line has continued to grow, we have experienced winds against the beginning of the current quarter, and we believe that it is prudent to continue balancing our investment level with a growth made of income,” the company said in a letter to investors.

Like many technological companies, Snap faces a turbulent macro configuration, since it dealt with the evolutionary commercial plans of President Donald Trump. Many fear that global commercial uncertainty can lead companies to a lower orientation or withdraw when spending this profit season.

Snap cited possible limitations on advertising demand as the reason to stop guidance. Advertising income for the period increased 9% year after year to $ 1.21 billion. That growth came mainly from direct response advertising. The company also said that brand -oriented advertisements fell 3% compared to the previous year.

The company is not alone. Last Thursday, alphabet reported Sales of the first quarter of $ 90.23 billion, which exceeded the expectations of Wall Street, but executives He told analysts that the company may experience winds against its online advertising business in the Asia-Pacific region.

Snap reduced its range of adjusted operational expenses from all year after $ 2.65 billion and $ 2.70 billion, below $ 2.70 billion to $ 2.75 billion. The company also reviewed its full -year cost orientation for compensation based on a shares down between $ 1.13 billion and $ 1.16 billion $ 1.15 billion to $ 1.20 billion.

Sales in the first Snap quarter increased 14% to $ 1.36 billion of $ 1.19 billion in the period of the previous year. The company reported a net loss of approximately $ 140 million, or 8 cents per share. That reduced 54% of approximately $ 305 million, or 19 cents, in the previous year. The adjusted Ebitda reached $ 108 million, exceeding an estimate of $ 64 million streetaccount.

The company attributed the loss of 8 cents to a charge of $ 70.1 million related to cash compensation, compensation expenses based on shares and other costs associated with a restructuring of 2024. “These positions do not reflect the underlying trends in our business,” said the company.

SNAP registered 460 million daily active users during the period, compared to 453 million in the previous quarter. The company also said it reached 900 million monthly active users, compared to 850 million in August, the last time Snap provided that statistic.

Goal Informs your last profits on Wednesday, followed by Reddit Thursday and Pinterest May 8.

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