OpenNashEarnings

Internet & Advertising · NYSE: SNAP

Snap earnings: results, call transcripts & KPI history

2 quarters · fiscal year ends December · next results expected around 3 Feb 2027

Investor relations ↗SEC filings ↗KPIs as CSV

Latest: Q3 2026

Snap reported Q3 2026 revenue of $1,722 million, up 14% year-over-year, net income of $56 million and Adjusted EBITDA of $383 million.

Snap's revenue grew 14% year-over-year to $1.72 billion in the third quarter. The company swung to a net income of $56 million from a net loss of $104 million a year earlier. Adjusted EBITDA rose to $383 million and free cash flow to $164 million. Advertising revenue grew only 4%, while Other Revenue, led by subscriptions such as Snapchat+ and Lens+, grew 84%. Daily users reached 495 million and monthly users 977 million.

Read the Q3 2026 summary →Q3 2026 slides (PDF) ↗Official transcript (PDF) ↗

Quarters

KPI history

Revenue$1.7B+14.3% y/yQ3 2026
Q4 2024: $1.6B (worked out from the annual figure)Q4 ’24$1.6BQ1 2025: $1.4BQ1 ’25$1.4BQ2 2025: $1.3BQ2 ’25$1.3BQ3 2025: $1.5BQ3 ’25$1.5BQ4 2025: $1.7B (worked out from the annual figure)Q4 ’25$1.7BQ1 2026: $1.5BQ1 ’26$1.5BQ2 2026: $1.6BQ2 ’26$1.6BQ3 2026: $1.7BQ3 ’26$1.7B

Fourth quarter worked out from the annual figure.

Data
Q4 2024$1.6B *
Q1 2025$1.4B
Q2 2025$1.3B
Q3 2025$1.5B
Q4 2025$1.7B *
Q1 2026$1.5B
Q2 2026$1.6B
Q3 2026$1.7B
Diluted EPS (GAAP)$0.03Q3 2026
Q1 2025: -$0.08Q1 ’25-$0.08Q2 2025: -$0.16Q2 ’25-$0.16Q3 2025: -$0.06Q3 ’25-$0.06Q1 2026: -$0.05Q1 ’26-$0.05Q2 2026: -$0.10Q2 ’26-$0.10Q3 2026: $0.03Q3 ’26$0.03
Data
Q1 2025-$0.08
Q2 2025-$0.16
Q3 2025-$0.06
Q1 2026-$0.05
Q2 2026-$0.10
Q3 2026$0.03

Fourth-quarter EPS appears once the press release is read; filings report it only for the full year.

Operating margin4.5%+13.0 pts y/yQ3 2026
Q4 2024: -1.7%Q4 ’24-1.7%Q1 2025: -14.2%Q1 ’25-14.2%Q2 2025: -19.3%Q2 ’25-19.3%Q3 2025: -8.5%Q3 ’25-8.5%Q4 2025: 2.9%Q4 ’252.9%Q1 2026: -4.9%Q1 ’26-4.9%Q2 2026: -10.7%Q2 ’26-10.7%Q3 2026: 4.5%Q3 ’264.5%
Data
Q4 2024-1.7%
Q1 2025-14.2%
Q2 2025-19.3%
Q3 2025-8.5%
Q4 20252.9%
Q1 2026-4.9%
Q2 2026-10.7%
Q3 20264.5%
Free cash flow$164.5M+76.0% y/yQ3 2026
Q4 2024: $182.4MQ4 ’24$182.4MQ1 2025: $114.4MQ1 ’25$114.4MQ2 2025: $23.8MQ2 ’25$23.8MQ3 2025: $93.4MQ3 ’25$93.4MQ4 2025: $205.6MQ4 ’25$205.6MQ1 2026: $286.0MQ1 ’26$286.0MQ2 2026: $120.5MQ2 ’26$120.5MQ3 2026: $164.5MQ3 ’26$164.5M
Data
Q4 2024$182.4M
Q1 2025$114.4M
Q2 2025$23.8M
Q3 2025$93.4M
Q4 2025$205.6M
Q1 2026$286.0M
Q2 2026$120.5M
Q3 2026$164.5M

Operating cash flow minus capital expenditure, from cash flow statements.

Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Revenue$1.6Bd$1.4B$1.3B$1.5B$1.7Bd$1.5B$1.6B$1.7B
Operating income-$26.9Md-$193.8M-$259.7M-$128.4M$49.7Md-$74.4M-$170.7M$76.7M
Operating margin-1.7%-14.2%-19.3%-8.5%2.9%-4.9%-10.7%4.5%
Net income$9.1Md-$139.6M-$262.6M-$103.5M$45.2Md-$89.0M-$164.0M$56.5M
Diluted EPS—-$0.08-$0.16-$0.06—-$0.05-$0.10$0.03
Operating cash flow$230.6Md$151.6M$88.5M$146.5M$269.6Md$326.8M$176.2M$210.5M
Capital expenditure$48.3Md$37.2M$64.7M$53.0M$64.0Md$40.8M$55.7M$46.0M
Free cash flow$182.4M$114.4M$23.8M$93.4M$205.6M$286.0M$120.5M$164.5M
R&D expense$422.9Md$424.2M$443.3M$453.4M$472.7Md$478.3M$542.1M$477.7M

From XBRL data in 10-Q and 10-K filings. d derived: a fourth quarter is the full year minus the first nine months, and cash flows are year-to-date figures differenced.

10-Q and 10-K filings