Snap Inc. (SNAP) NYSE 04 Feb 2026 Market Closed: Q4 beats, weak Q1 guide to watch

SNAP stock dropped after Snap Inc. reported fourth-quarter results that beat estimates but gave a cautious first-quarter guide. We note the stock closed at USD 5.91, down 3.11% on volume of 92,010,471 shares. Revenue rose about 10.00% year over year, while net income improved to USD 45.20 million. Investors are parsing a beat-and-guide setup that sent shares lower in late trade as management excluded broader Perplexity sales from near-term guidance.