Snipp Interactive Reports Q2 2026 Financial Results, Achieves Positive EBITDA

Snipp Interactive Inc. has announced its Q2 2026 financial results, marking a return to positive EBITDA with its highest quarterly revenue in five quarters. For the period ending June 30, 2026, the company reported revenue of $6.0 million, a 24.6% increase from the same period in 2025. The company also noted a positive EBITDA of $0.2 million, seeing a significant improvement from a $1.3 million loss in Q2 2025.

Net loss was reduced by 89% to $0.2 million, compared to a $1.7 million loss the previous year. Operating expenses decreased by 3%, despite revenue growth, due to effective cost management and AI-driven gains. The bookings backlog stands at $19.1 million, 25.7% higher year-over-year, reflecting strong contractual commitments.

The company emphasized the contribution of AI in enhancing productivity, leading to an 18% reduction in salaries while boosting revenue growth. Despite the positive quarter, the company maintains that the true inflection point remains targeted for 2027 amid ongoing macroeconomic challenges.