Snap Inc. Q3 revenue rises 14% to $1.72 billion; net income $56 million
Snap Inc. reported third-quarter 2026 revenue of $1,722 million, up 14% from $1,507 million a year earlier, and net income of $56 million, compared with a net loss of $104 million in the prior-year quarter. The results show a swing to profit, but the nine-month net loss was still $196 million, and the company's Q4 2026 outlook was not included in the filing and will be discussed on the earnings call.
Key points
- Q3 revenue was $1,722 million versus $1,507 million, an increase of 14% year-over-year.
- Q3 net income was $56 million versus a net loss of $104 million a year earlier.
- Adjusted EBITDA was $383 million versus $182 million; Free Cash Flow was $164 million versus $93 million.
- Nine-month net loss was $196 million, and restructuring charges for the nine months were $128.5 million; the Q4 outlook will be given on the call at 2:00 p.m. Pacific on November 4, 2026.
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.