Financial Performance - Revenue reached $1507 million in Q3 2025, a 10% year-over-year increase[8, 11] - Average revenue per user (ARPU) was $316, up from $310 in the prior year[8] - GAAP gross margin improved to 55%, compared to 53% in the prior year[8] - Net loss decreased to $104 million, compared to $153 million in the prior year[8] - Adjusted EBITDA was $182 million, compared to $132 million in the prior year[14] User Engagement - Global monthly active users (MAU) reached 943 million in Q3, an increase of 60 million or 7% year-over-year[18] - Daily active users (DAU) were 477 million in Q3 2025, an increase of 34 million, or 8%, year-over-year[19] Revenue Diversification - Other Revenue, primarily from Snapchat+ subscriptions, increased 54% year-over-year to $190 million in Q3[22] - Purchase-related ad revenue grew over 30% year-over-year[22] Capital Allocation - The company authorized a new $500 million stock repurchase program[82]
Snap(SNAP) - 2025 Q3 - Earnings Call Presentation