Snap Inc. unveiled on Tuesday that its revenue in the second quarter of fiscal 2025 came in at $1.3 billion, up 9% compared to the same timeframe in 2024.
In the reported three-month period, net loss and diluted net loss per share stood at $263 million and $0.16, expanding from a net loss and diluted net loss per share of $249 million and $0.15, registered in the same trimester a year ago. Meanwhile, monthly active users increased 7% year over year, reaching 932 million.
"Our global community continued to grow in Q2, reaching 932 million Monthly Active Users as we continued to invest in AI and augmented reality. With meaningful inventory and conversions growth this quarter, including the broader rollout of Sponsored Snaps, we’re excited about the opportunity to translate improved advertiser performance into topline acceleration," CEO Evan Spiegel said.
