Snap Inc (SNAP) Earnings: Q3 2026 Results and Next Report Date

The quarter ended September 30, 2026 and Snap published the results on November 4, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison.

• Snap recorded $128.5 million of restructuring charges in the first nine months of 2026, which it excludes from Adjusted EBITDA. Full-time employees fell to 4,540 at Q3 2026 from 5,194 a year earlier.
• Starting with Q1 2027 results, Snap will report global monthly active users (MAU) as its primary audience metric in place of daily active users, and drop regional DAU and regional ARPU.

Source: Snap Q3 2026 results, November 4, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Snap splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Snap's Advertising revenue revenue was $1.4 billion in Q3 2026, up 4% from $1.3 billion in Q3 2025, 80% of total revenue.
• Snap's Other revenue revenue was $350 million in Q3 2026, up 84% from $190 million in Q3 2025, 20% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

Snap's press release points to its investor letter for the outlook. These quotes are from the CFO's prepared remarks, filed as Exhibit 99.2 to the same Form 8-K.

In its Q3 2026 release, Snap said:

“Our guidance range for Q4 revenue is $1.950 billion to $1.985 billion.”

“Our guidance range for Adjusted EBITDA is $490 million to $525 million in Q4.”

“We expect Infrastructure Costs to grow modestly year-over-year in Q4 and now anticipate full-year Infrastructure Costs of $1.65 billion to $1.66 billion, compared with our prior guidance of $1.65 billion to $1.70 billion, as we have been able to increase our investments in AI and ML without increasing our overall infrastructure costs.”

Source: Snap Q3 2026 prepared remarks (Form 8-K, Exhibit 99.2), Nov 4, 2026.

This is the company's own guidance as of Nov 4, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the SNAP forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP revenue and diluted EPS, each as first reported in that quarter's release.

Snap's next report is expected around February 3, 2027, a date estimated from its reporting history that the company has not yet confirmed. This page will show Q3 2026 until those results are out and have been checked against the release.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Nov 4, 2026

Snap had Q3 2026 revenue of $1,722.5 million, up 14% from $1,506.8 million. Advertising revenue, from Snap Ads and AR Ads such as Sponsored Lenses, was $1,372.8 million, up 4%. Other revenue, mostly subscriptions to Snapchat+, Lens+, Snapchat Platinum and Memories Storage Plans, was $349.7 million, up 84%. (Snap Form 10-Q, Q3 2026, Nov 5, 2026; Snap Q3 2026 prepared remarks, Nov 4, 2026)

Snap said direct response advertising grew strongly while upper funnel brand advertising declined year over year. For campaigns optimized for app purchases, revenue grew over 54% and average cost per purchase fell about 24%. Sponsored Snaps revenue grew 56% from Q2 2026. Snap passed 30 million paid subscribers across Snapchat+, Memories Storage and Lens+. (Snap Q3 2026 prepared remarks, Nov 4, 2026)

By the billing address of the customer, North America, which includes Mexico, the Caribbean and Central America, brought in $978.8 million, Europe $361.7 million and Rest of World $382.0 million. United States revenue was $945.4 million, against $841.0 million a year earlier. (Snap Form 10-Q, Q3 2026, Nov 5, 2026)

Snap's average revenue per daily active user (ARPU) was $11.07 in North America, $3.69 in Europe and $1.13 in Rest of World, while North America had 92 million of Snap's 495 million average daily active users, down 6% from a year earlier. (Snap Q3 2026 release, Nov 4, 2026)

Snap reports GAAP EPS and no adjusted EPS figure. Q3 2026 diluted EPS was $0.03, against a loss of $0.06 a year earlier, on net income of $56.5 million, against a loss of $103.5 million. Total costs and expenses were $1,645.8 million, against $1,635.2 million, and operating income was $76.7 million, against a loss of $128.4 million. (Snap Q3 2026 release, Nov 4, 2026)

Snap's main non-GAAP profit measure is Adjusted EBITDA, $382.6 million in Q3 2026, against $182.0 million. It excludes stock-based compensation, which was $255.2 million in the quarter, as well as depreciation and amortization, interest, taxes and restructuring charges. (Snap Q3 2026 release, Nov 4, 2026)

Diluted weighted average shares were 1,700,192 thousand. Snap repurchased and retired 68.5 million Class A shares for $350.7 million in the first nine months of 2026, and common shares outstanding plus shares underlying stock-based awards rose 3.8% to 1,932 million as of September 30, 2026. (Snap Q3 2026 release, Nov 4, 2026; Snap Form 10-Q, Q3 2026, Nov 5, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Snap gives its outlook in the CFO's prepared remarks, filed alongside the release. For Q4 2026 it guided revenue of $1.950 billion to $1.985 billion and Adjusted EBITDA of $490 million to $525 million, and narrowed full-year Infrastructure Costs to $1.65 billion to $1.66 billion from $1.65 billion to $1.70 billion. (Snap Q3 2026 prepared remarks, Nov 4, 2026)

Q3 2026 revenue of $1.72 billion was within Snap's prior guidance range of $1.70 to $1.74 billion. After completing its current repurchase program in Q4, Snap plans a multi-year approach aimed at a stable fully diluted share count in 2027. (Snap Q3 2026 prepared remarks, Nov 4, 2026)

A consensus figure is the average of the models published by the analysts who cover Snap, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Snap's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning SNAP is on is SNAP a buy or a sell?, what analysts expect next is on the SNAP forecast, and what the company does is on the Snap Inc (SNAP) stock page.

Every number on this page can be traced to a document Snap published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.