Snap Rises on Third Quarter Profit, $500 Million Share Buyback – Snap (NYSE:SNAP)

Snap, Inc. (NYSE:SNAP) Shares soared after the company released its third-quarter earnings report after the closing bell on Wednesday, beating expectations on the top and bottom lines.

View the details in the report here.

The details: Snap reported a quarterly loss of six cents per share, which beat analyst estimates of a loss of 12 cents.

Quarterly revenue came in at $1.5 billion, beating analysts’ consensus estimate of $1.49 billion, and up from revenue of $1.37 billion from the prior year quarter.

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• Snap also announced a $500 million stock buyback program.
• The Snapchat community reached 943 million global monthly active users (MAU) in the third quarter, up 60 million or 7% year over year.
• In the third quarter of 2025, the number of daily active users (DAU) was 477 million, up 34 million, or 8%, year over year.

“Our focus on performance, creativity and simplicity helps advertisers achieve better results and gives our community more ways to communicate,” said Evan SpiegelCEO of Snap.

“I am proud of the team’s progress and am confident that our discipline and innovation will support sustainable growth over the long term,” Spiegel added.

Outlook: Snap expects fourth-quarter revenue between $1.68 billion and $1.71 billion, compared with analyst estimates of $1.688 billion.

SNAP stock price: According to data from Benzinga ProSnap stock rose 23.09% to $9.01 in extended trading Wednesday.

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