business
Meta Platforms vs. Snap: Comparing Revenue Scale and Recent Trajectories
Key takeaways
- While launching its Muse Spark artificial intelligence model and expanding its optical cable manufacturing capacity, it reported a 48% net income margin for the quarter ended March 31, 2026.
- Snap (NYSE:SNAP) generates revenue mainly by selling digital advertising space and augmented reality features on its Snapchat camera application.
- It opened pre-orders for its new wearable augmented reality glasses and secured a credit rating upgrade, while reporting a -6% net income margin for the quarter ended March 31, 2026.
SNAP META Meta Platforms: Scaling Its Revenue Base Meta Platforms (NASDAQ:META) primarily generates revenue by offering digital advertising across its social applications, including Facebook and Instagram, and developing virtual reality hardware.
While launching its Muse Spark artificial intelligence model and expanding its optical cable manufacturing capacity, it reported a 48% net income margin for the quarter ended March 31, 2026.
Snap (NYSE:SNAP) generates revenue mainly by selling digital advertising space and augmented reality features on its Snapchat camera application.
Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance →
More top stories
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop