Snapchat+ tops 25M subscribers, driving company's direct revenue ARR to $1B [TechCrunch]
Snap Inc. Class A (SNAP)
Last snap inc. class a earnings: 4/21 04:10 pm
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US:NYSE Investor Relations:
investor.snap.com/company-profile
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Source: TechCrunch
Annualized revenue refers to a business's current revenue rate projected over a full year. The social media giant says the milestone is driven by its Snapchat+ offering, which has now surpassed 25 million subscribers. Launched in 2022, Snapchat+ gives subscribers access to exclusive and pre-release features for $3.99 per month. Following a successful launch, Snap introduced additional paid tiers beyond the core Snapchat+ subscription over the past year to further diversify its revenue streams. “Snapchat+ has become one of the fastest-growing consumer subscription services globally, with subscriber growth every quarter,” the company wrote in a blog post. “What started as an early-access program for our most engaged Snapchatters has quickly scaled into a meaningful business—one that now represents a strong and growing revenue stream alongside our ads business.” Last June, Snapchat launched Lens+ , which gives users access to exclusive Lenses and AR experiences, along with the perk
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SNAP
News
- Snap: MAU Growth Creates Upside Catalyst [Seeking Alpha]Seeking Alpha
- Snapchat launches creator subscription in the U.S. [TechCrunch]TechCrunch
- Snap to launch creator subscriptions in push to diversify revenue [CNBC]CNBC
- Eaton and Palisades fire refugees moved near and far — and often [Los Angeles Times (CA)]Los Angeles Times
- Snap Inc (SNAP) Pivoting to Profitable Growth [Yahoo! Finance]Yahoo! Finance
SNAP
Earnings
- 2/4/26 - Beat
SNAP
Sec Filings
- 2/18/26 - Form 144
- 2/17/26 - Form 144
- 2/17/26 - Form 144
- SNAP's page on the SEC website