SocialNewsBreaks – Snap Inc. (NYSE: SNAP) Returns to Profitability as Revenue and AI-Powered Advertising Grow

Snap Inc. (NYSE: SNAP) reported stronger third-quarter 2026 financial results, with revenue increasing 14% year over year to $1.72 billion and net income reaching $56 million, compared with a net loss of $104 million in the prior-year period. Adjusted EBITDA more than doubled to $383 million, while free cash flow increased to $164 million. The results reflect progress in the company’s efforts to strengthen operating performance and build a more profitable business.

Alongside its financial improvement, Snap is expanding the use of artificial intelligence across its advertising platform, introducing tools designed to improve campaign performance, product recommendations and advertiser conversions. The company also continues investing in its SPECS augmented reality glasses as part of its longer-term vision for next-generation computing. With its advertising business evolving and new AI and AR initiatives taking shape, Snap is working to expand its revenue opportunities while improving the financial performance of its core platform.

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