SNAP Q3 2025 Earnings — Income Statement Breakdown
For its Q3 2025 period (ending 2025-09-30), SNAP reported revenue of $1.5B, gross profit of $833M (55.3% gross margin), operating income of −$128M, and net income of −$104M (-6.9% net margin). The flow of revenue into costs and profit is visualized below.
What changed
SNAP reported a net loss; no comparable cached period is available.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | Not available | Not available | Not available |
Consensus estimate data is not available for this report.
SNAP Q3 2025 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $1.5B | 100% |
| Cost of Revenue | −$674M | 44.7% |
| Gross Profit | $833M | 55.3% |
| Research & Development | −$453M | 30.1% |
| Selling, General & Administrative | −$508M | 33.7% |
| Operating Income | −$128M | -8.5% |
| Interest Expense | −$34M | 2.3% |
| Other Income, net | $60M | 4.0% |
| Income Tax Expense | −$510,000 | 0.0% |
| Net Income | −$104M | -6.9% |
Source: original SEC filing (filed 2025-11-05). Accession 0001564408-25-000063. Data normalized by EarningsFyi.