Snap(US:SNAP)2025-04-30 00:19Financial Performance - Revenue reached $1363 million in Q1 2025, a 14% year-over-year increase[8, 11] - Average revenue per user (ARPU) was $2.96, up from $2.83 in the prior year[8] - GAAP gross margin improved to 53%, compared to 52% in the prior year[8] - Net loss decreased to $140 million, compared to $305 million in the prior year, improving net loss margin from (26)% to (10)%[8] - Adjusted EBITDA was $108 million, compared to $46 million in the prior year[14] User Engagement - Daily active users (DAU) increased by 38 million, or 9%, year-over-year, reaching 460 million in Q1 2025[23] - The company reached more than 900 million monthly active users (MAU)[19] Cash Flow and Liquidity - Operating cash flow increased 72% year-over-year to $152 million[16, 79] - Free cash flow increased 202% year-over-year to $114 million[16, 79] - Cash, cash equivalents, and marketable securities totaled $3.2 billion as of March 31, 2025[16, 88]