“Snap celebrated its 10th anniversary this quarter, and we are excited about the long-term opportunity and potential for our business, as we grew our community to 306 million daily active users, and grew our revenue 57% year-over-year to reach $1.067 billion for the quarter,” said Evan Spiegel, CEO. Operating cash flow was $72 million in Q3 2021, compared to $(55) million in the prior year.įree Cash Flow was $52 million in Q3 2021, compared to $(70) million in the prior year.Ĭommon shares outstanding plus shares underlying stock-based awards totaled 1,698 million at September 30, 2021, compared to 1,624 million one year ago. Net loss improved 64% to $(72) million in Q3 2021, compared to the prior year.Īdjusted EBITDA improved 209% to $174 million in Q3 2021, compared to the prior year. Revenue increased 57% to $1,067 million in Q3 2021, compared to the prior year. (NYSE: SNAP) today announced financial results for the quarter ended September 30, 2021. Net loss improved 64% and Adjusted EBITDA improved 209% year-over-year Revenue increased 57% year-over-year to $1,067 million Daily Active Users increased 23% year-over-year to 306 million
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