【Snapchat母公司】 Snap Inc.（SNAP）2025年第四季度及全年业绩电话会议纪要「NYSE」（英文版）（19页）.pdf

1、SNAP INC.Q4 2025 QUARTERLY EARNINGS CALL TRANSCRIPT OPERATOR The first question comes from Eric Sheridan with Goldman Sachs.You may proceed.ERIC SHERIDAN,GOLDMAN SACHS Thanks so much for taking the question and thanks for all the depth of details in the updates on the quarterly results.I want to tal

2、k about one of the forward initiatives.Evan,you know,with Snap Specs as one of the key priorities in the next one to two years,can you just go a little bit deeper into what youve built on the platform and the application and use case side and how you think it feeds into where you want to take the ha

3、rdware side of the business when we think about the next 12 to 18 months and how this fits into your broader strategic priorities for the company and more particularly for spatial computing longer term.Thanks so much.EVAN SPIEGEL,CHIEF EXECUTIVE OFFICER AND CO-FOUNDER Hey Eric,thanks so much for the

4、 question.Were super excited about whats ahead this year with the launch of Specs and obviously graduating from the R&D phase of Specs to broader consumer adoption and in preparation of that weve been working on several prior versions of Specs including most recently the version released in 2024 to

5、developers who can subscribe to Specs and start building Lens experiences.Weve seen some people build really spectacular things whether its utilities or new educational tools for example like an at-home chemistry lab you can have in augmented reality to even some of the more interesting work weve be

6、en doing with the browser and the ability to stream video on a virtual screen grounded in the real world through your glasses.So its been really exciting to see all the new use cases that developers are building for Specs with the current version released back in 2024 and those will be able to run o