Filing Flows › Snap (SNAP) › Q3 2026 › vs Q3 2025
Snap (SNAP) Q3 2026 vs Q3 2025 (year over year)
Snap's revenue rose $216M (+14%) from $1.5B in Q3 2025 to $1.7B in Q3 2026. The biggest changes: Other revenue +$160M (+84%); Advertising revenue +$55.7M (+4%). Operating margin 4.5% against -8.5% (+13.0 pts).
Snap, Q3 2026: revenue $1.7B (+14% year over year), operating margin 4.5%, net earnings $56.5M, operating cash flow $210M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 4.5% | -8.5% | +13.0 pts |
| Net margin | 3.3% | -6.9% | +10.2 pts |
| Free cash flow margin | 9.5% | 6.2% | +3.3 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Advertising revenue | $1.4B | $1.3B | $55.7M | +4% |
| Other revenue | $350M | $190M | $160M | +84% |
| Revenue | $1.7B | $1.5B | $216M | +14% |
| Operating profit | $76.7M | −$128M | $205M | — |
| Costs & expenses | $1.6B | $1.6B | $10.6M | +0.6% |
| Pre-tax earnings | $66.2M | −$103M | $169M | — |
| Other expense, net | $10.5M | −$25.3M | $35.8M | — |
| Cost of revenue | $649M | $674M | −$24.8M | -4% |
| Research & development | $478M | $453M | $24.3M | +5% |
| Sales & marketing | $298M | $256M | $41.8M | +16% |
| General & admin | $221M | $251M | −$30.7M | -12% |
| Net earnings | $56.5M | −$104M | $160M | — |
| Income tax | $9.8M | $510K | $9.2M | 19× |
| Operating cash sources | $356M | $199M | $157M | +79% |
| Depreciation & amortization | $44.6M | $42.5M | $2.1M | +5% |
| Share-based compensation | $255M | $260M | −$5.6M | -2% |
| Working capital & other | $145M | $52.8M | $92.6M | +175% |
| Operating cash flow | $210M | $146M | $64.0M | +44% |
| Free Cash Flow (company-reported) | $164M | $93.4M | $71.0M | +76% |
| Purchases of property and equipment | $46.0M | $53.0M | −$7.0M | -13% |
Questions
How much did Snap's revenue grow year over year in Q3 2026?
Snap's revenue rose $216M (+14%) from $1.5B in Q3 2025 to $1.7B in Q3 2026.
What drove Snap's revenue change in Q3 2026?
Other revenue +$160M (+84%); Advertising revenue +$55.7M (+4%).