Snap Reports Q3 Profit of $56.5 Million as Revenue Rises 14%

Snap reported Q3 profit of $56.5 million, or 3 cents per share, versus a $103.5 million loss a year earlier. Revenue rose 14% to $1.72 billion, slightly below the $1.73 billion analyst estimate; daily active users were 495 million, below the 498.5 million consensus. Snap expects Q4 revenue of $1.95 billion to $1.985 billion and will prioritize monthly active users as its primary audience and monetization metric starting in Q1 2027.