Snap Inc. Posts Best Quarter in 4 Years, With Revenue Up 116% Year Over Year

Snapchat has 293 million daily active users, and its Spotlight user-generated content platform saw DAUs grow 49% quarter over quarter

It was a robust second quarter for Snap Inc., as Snapchat’s parent company posted its highest year over year growth in revenue and daily active users in four years, with revenue reaching $982 million for the period, up 116% compared with the second quarter of 2020.