Looking back on social networking stocks’ Q1 earnings, we examine this quarter’s best and worst performers, including Meta (NASDAQ: META) and its peers.

Businesses must meet their customers where they are, which over the past decade has come to mean on social networks. In 2020, users spent over 2.5 hours a day on social networks, a figure that has increased every year since measurement began. As a result, businesses continue to shift their advertising and marketing dollars online.

The 5 social networking stocks we track reported a very strong Q1. As a group, revenues beat analysts’ consensus estimates by 3.4% while next quarter’s revenue guidance was 1% below.

Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 10% since the latest earnings results.

Meta (NASDAQ: META)

Famously founded by Mark Zuckerberg in his Harvard dorm, Meta Platforms (NASDAQ: META) operates a collection of the largest social networks in the world - Facebook, Instagram, WhatsApp, and Messenger, along with its metaverse focused Reality Labs.

Meta reported revenues of $56.31 billion, up 33.1% year on year. This print exceeded analysts’ expectations by 1.4%. Overall, it was a strong quarter for the company with an impressive beat of analysts’ EBITDA and revenue estimates.

"We had a milestone quarter with strong momentum across our apps and the release of our first model from Meta Superintelligence Labs," said Mark Zuckerberg, Meta founder and CEO.

The stock is down 9.8% since reporting and currently trades at $603.30.

Read why we think that Meta is one of the best social networking stocks, our full report is free.

Best Q1: Reddit (NYSE: RDDT)

Founded in 2005 by two University of Virginia roommates, Reddit (NYSE: RDDT) facilitates user-generated content across niche communities (called subreddits) that discuss anything from stocks to dating and memes.

Reddit reported revenues of $663.4 million, up 69.1% year on year, outperforming analysts’ expectations by 8.8%. The business had a very strong quarter with an impressive beat of analysts’ EBITDA and revenue estimates.

Reddit pulled off the biggest analyst estimates beat and fastest revenue growth among its peers. The company reported 53.5 million daily active users, up 6.8% year on year. However, the results were likely priced into the stock as it’s traded sideways since reporting. Shares currently sit at $146.49.

Is now the time to buy Reddit? Access our full analysis of the earnings results here, it’s free.

Weakest Q1: Yelp (NYSE: YELP)

Founded by PayPal alumni Jeremy Stoppelman and Russel Simmons, Yelp (NYSE: YELP) is an online platform that helps people discover local businesses through crowd-sourced reviews.

Yelp reported revenues of $361.5 million, flat year on year, exceeding analysts’ expectations by 2.2%. It may have had the worst quarter among its peers, but its results were still good as it also locked in an impressive beat of analysts’ EBITDA and revenue estimates.

Yelp delivered the slowest revenue growth in the group. As expected, the stock is down 21.2% since the results and currently trades at $22.46.

Read our full analysis of Yelp’s results here.

Snap (NYSE: SNAP)

Founded by Stanford University students Evan Spiegel, Reggie Brown, and Bobby Murphy, and originally called Picaboo, Snapchat (NYSE: SNAP) is an image centric social media network.

Snap reported revenues of $1.53 billion, up 12.1% year on year. This result met analysts’ expectations. Overall, it was a very strong quarter as it also put up a solid beat of analysts’ EBITDA estimates and revenue in line with analysts’ estimates.

Snap had the weakest performance against analyst estimates among its peers. The stock is down 8.7% since reporting and currently trades at $5.58.

Read our full, actionable report on Snap here, it’s free.

Pinterest (NYSE: PINS)

Created with the idea of virtually replacing paper catalogues, Pinterest (NYSE: PINS) is an online image and social discovery platform.

Pinterest reported revenues of $1.01 billion, up 17.8% year on year. This print surpassed analysts’ expectations by 4.4%. It was a very strong quarter as it also produced a solid beat of analysts’ EBITDA estimates and an impressive beat of analysts’ revenue estimates.

The company reported 631 million monthly active users, up 10.7% year on year. The stock is down 10% since reporting and currently trades at $18.78.

Read our full, actionable report on Pinterest here, it’s free.

Market Update

Late in 2025 into early 2026, there was hand wringing around artificial intelligence. For software companies, the fear was that AI would erode pricing power and compress margins as new tools made it easier to replicate what once required expensive enterprise platforms. Crypto investors had their own version of the same anxiety: if AI agents could trade, allocate capital, and manage wallets autonomously, what exactly was the long-term value of today’s crypto infrastructure?

These concerns triggered a noticeable rotation away from these sectors and into safer havens. But markets rarely dwell on one narrative for long. Spring 2026 came, and the focus shifted abruptly from technological disruption to geopolitical risk. The US’ conflict with Iran became the dominant driver of market psychology, and when geopolitics takes center stage, the script changes quickly. Investors stop debating growth rates and start worrying about oil supply, inflation, and global stability.

Want to invest in winners with rock-solid fundamentals? Check out our 9 Best Market-Beating Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.