Dan Salmon's questions to Snap (SNAP) leadership • Q2 2025
Question
Dan Salmon requested a deeper analysis of Snap's small and medium customer (SMC) base, asking about advertiser count growth, which ad products are gaining traction, and the future product roadmap for this segment.
Answer
CEO Evan Spiegel confirmed that the SMC segment was the largest contributor to Q2 ad revenue growth, driven by better go-to-market operations and simplified ad tools. He highlighted that AI-powered automation features like smart bidding, budget optimization, and auto-targeting are providing a significant lift for smaller advertisers by simplifying campaign management and improving performance.