Earnings ·
Snap Inc. reports $1.72B Q3 revenue, up 14%, with net income of $56M
SNAPSnap Inc
Snap Inc. announced third-quarter 2026 financial results for the period ended September 30, 2026. Revenue increased 14% year-over-year to $1,722 million, driven by a 4% rise in advertising revenue and an 84% surge in other revenue led by Snapchat+. The company reported its first positive net income of the period at $56 million, compared to a loss of $104 million in the prior year. Adjusted EBITDA more than doubled to $383 million, while operating cash flow reached $210 million and free cash flow was $164 million. Daily Active Users grew to 495 million and Monthly Active Users reached 977 million. The company provided Q4 revenue guidance of $1.95 billion to $1.985 billion and Adjusted EBITDA guidance of $490 million to $525 million. Snap Inc. operates Snapchat, a visual messaging app that enhances relationships with friends, family, and the world.