Snap Inc. Announces Third Quarter 2026 Financial Results
Business Wire•04/11/2026•16:10 ET
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Key Highlights
- ➤Revenue $1,722 million, up 14% year-over-year
- ➤Net income $56 million versus prior-year net loss of $104 million
- ➤Adjusted EBITDA $383 million, up 110% year-over-year
- ➤Free Cash Flow $164 million, up 76% year-over-year
- ➤Snap plans to transition its primary audience metric from DAU to global MAU in Q1 2027
Expert Statements
Evan Spiegel, Co-founder and CEO of Snap Inc.
“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.”
Evan Spiegel, Co-founder and CEO of Snap Inc.
“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.”
Third quarter revenue increased 14% year-over-year to $1,722 million
Third quarter net income of $56 million and Adjusted EBITDA of $383 million
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