Snap stock: Q3 profit returns as revenue rises 14%

Snap Inc. announced its third-quarter results on Wednesday, November 4, 2026, for the period ended September 30. According to the Business Wire release, revenue rose 14 percent year over year to 1.72 billion US dollars and net income reached 56 million US dollars, compared with a loss of 104 million US dollars a year earlier.

Profitability improves in Q3

Adjusted EBITDA increased to 383 million US dollars from 182 million US dollars in the year-earlier quarter. Operating cash flow reached 210 million US dollars, while free cash flow rose to 164 million US dollars from 93 million US dollars.

The figures combine stronger revenue with a return to GAAP profitability. Snap said adjusted EBITDA excludes items including stock-based compensation, depreciation and amortization, interest, taxes and selected other effects, so investors should distinguish the non-GAAP measure from net income.

Audience metric changes in 2027

Snap plans to make global monthly active users its primary audience metric beginning with the first-quarter 2027 report. The company also plans to introduce global MAU-based average revenue per user and stop using global daily active users as its primary audience measure.

For investors, the change will alter how audience scale and monetization are presented. Snap said daily engagement remains important, but it wants a monthly measure to reflect the broader community and support a longer-term view of user growth.

The real-time quote of Snap stock is available on the company page. Snap stock traded at 4.72 euros on Lang & Schwarz at 14:00 CET on Thursday, November 5, 2026.

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