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Ad Tech

Snap Q3 Results: Revenue Up 14% To $1.72 Billion, Back In Profit

Ad Tribe! Bureau1 min read
The Snapchat ghost logo on yellow, for Snap's third-quarter results with revenue up 14% and a return to profit

Snap Q3 results show revenue up 14% to $1,722 million for the quarter ended 30 September 2026, and a return to profit. Net income was $56 million, against a net loss of $104 million in the same quarter last year.

  • Revenue: $1,722 million, up 14%
  • Net income: $56 million, against a loss of $104 million
  • Adjusted EBITDA: $383 million, up from $182 million
  • Daily active users: 495 million, up 4%

Users And ARPU In Snap Q3

Global average revenue per user rose 10% to $3.48 from $3.16, and was up from $3.25 in Q2. Daily active users grew by 18 million to 495 million, and monthly active users grew by 34 million to 977 million, from 971 million in the previous quarter. The results do not split out how much of the revenue growth came from advertising performance.

Margins And Cash

The adjusted EBITDA margin widened to 22% from 12%, and gross margin rose to 62% from 55%. Net income margin was 3%, against minus 7% a year earlier. Operating cash flow rose to $210 million and free cash flow to $164 million. Snap held $2.8 billion in cash, cash equivalents and marketable securities at the end of September.

What Evan Spiegel Said

Co-founder and CEO Evan Spiegel said the company had returned to positive net income as revenue grew 14% to $1.72 billion, crediting progress in building a more profitable business. He also pointed to the growing role of AI across Snap's teams and its advertising platform.

AI And Specs

Snap continues to invest in its longer-term augmented reality plans, including the launch of Specs, its AR glasses. Ad Tribe has covered Specs Intelligence and Snapchat India's creator data deal with Qoruz.

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#Quarterly Results#Snap#Snapchat
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