Babar Khan Javed
Aug 8, 2018

Snap grew revenues faster than users

With revenue growth of 44% and user growth of 8%, average revenue per user grew by 34%.

Scene inside Snap HQ (Source: Snap Inc.)

From the perspective of unit economics, Snap Inc had a positive Q2 2018.

The camera company saw revenue from advertising increase 44% to $262 million in the quarter, compared with $182 million in Q2 2017. Daily active users DAUs increased by 8% to 188 million and average revenue per user ARPU increased 34% to $1.40 worldwide. For context, Facebook's ARPU was $5.97 worldwide, according to its latest earnings report.

The...

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