Snap Inc.: Mixed — EPS $0.03, Revenue $1.72B
Mixed ResultQ3 2026 · After-market
Did Snap Inc. (SNAP) beat earnings today?
It was a mixed report for Q3 2026 — Snap Inc. (SNAP) beat on EPS but missed on revenue.
Earnings Per Share+100.00% surprise
$0.03Actual
Expected: $0.00
vs. year ago +150.0%
Total Revenue-0.44% surprise
$1.72BActual
Expected: $1.73B
vs. year ago +14.0%
Released Nov 04 · 4:10 PM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Revenue | $1.72B | $1.51B | +14.0% |
| Revenue detail — reported lines | |||
| └─North America | $1.01B | $897.81M | +13.0% |
| └─Europe | $362.85M | $297.95M | +22.0% |
| └─Rest of World | $345.30M | $311.07M | +11.0% |
| Net Income | $56.50M | ($103.54M) | +155.0% |
| GAAP Basic EPS | $0.03 | -$0.06 | +150.0% |
| GAAP Diluted EPS | $0.03 | -$0.06 | +150.0% |
Business Highlights
- ➤Launched SPECS as part of Snap’s long-term augmented reality vision.
- ➤Plans to transition to global MAU as its primary audience metric in Q1 2027.
- ➤Will replace global DAU and discontinue regional DAU and regional ARPU reporting.
- ➤Will introduce global MAU-based ARPU as its primary monetization metric.
- ➤Planned MAU definition will include Snapchat-branded products accessed through Apple Watch.
- ➤Snap operates Snapchat, Specs Inc., Bitmoji, Saturn, and other digital services.
Management Commentary
Evan Spiegel, co-founder and CEO
“In Q3, we generated positive net income as revenue grew 14% year-over-year to $1.72 billion, reflecting the progress we are making to build a more profitable business. AI is becoming a significant advantage for our teams and advertising platform, and we continue to strengthen our business while investing in our long-term vision for augmented reality with the launch of SPECS.”