November 5, 2025 — Leads & Copy — Snap Inc. (NYSE: SNAP) reported its Q3 2025 financial results, with revenue up 10% year-over-year to $1,507 million. The company also announced a stock repurchase program of up to $500 million. CEO Evan Spiegel cited focus on performance, creativity, and simplicity as drivers. Daily active users reached 477 million, up 8% year-over-year. The company expects to discuss Q4 2025 outlook during its Q3 2025 Earnings Call today at 2:00 p.m. Pacific / 5:00 p.m. Eastern.
Snap Inc.’s board authorized a stock repurchase program of up to $500 million of its Class A common stock. The repurchases may occur via open market or privately negotiated transactions. The timing and number of shares repurchased will depend on factors like stock price and market conditions. Snap intends to use its balance sheet to offset dilution related to restricted stock units.
Snap reported a net loss of $104 million, compared to $153 million in the prior year. Adjusted EBITDA was $182 million, compared to $132 million in the prior year. Operating cash flow was $146 million, compared to $116 million in the prior year. Free Cash Flow was $93 million, compared to $72 million in the prior year.
Snapchat’s community reached 943 million monthly active users in Q3, an increase of 7% year-over-year. Daily active users were 477 million, up 8%. The company launched The Keys: A Guide to Digital Safety for teens and parents. Direct Response advertising revenue increased 8% year-over-year. Other Revenue, mostly from Snapchat+ subscriptions, increased 54% year-over-year to $190 million in Q3. The company invested in augmented reality platform and reported increased use of AR Lenses. Snap also launched Snap OS 2.0.
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Source: Snap Inc.