---
schema_version: "secwatch.filing_event.v1"
accession: "0001564408-24-000058"
form_type: "8-K"
ticker: "SNAP"
cik: "0001564408"
company_name: "Snap Inc"
filed_at: "2024-10-29T23:59:59+00:00"
generated_at: "2026-05-30T09:13:52.497883+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Snap Q3 revenue $1.37B (+15% YoY); net loss improves 58%; authorizes $500M buyback

## Summary
- DAUs 443M (+9% YoY); revenue $1.37B (+15% YoY); net loss $153M, improved 58% from $368M.
- Adjusted EBITDA $132M vs $40M prior year (+229%); Free Cash Flow $72M vs -$61M prior year.
- Non-GAAP diluted EPS $0.08 vs $0.02 YoY; operating loss $173M, improved 54%.
- Board authorized $500M share repurchase program over 12 months, to offset dilution from RSUs.
- Snapchat+ subscribers >12M, more than doubled YoY; Other Revenue $123M (+100%+).

## SEC filing metadata
- accession: 0001564408-24-000058
- form_type: 8-K
- ticker: SNAP
- cik: 0001564408
- company_name: Snap Inc
- filed_at: 2024-10-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1564408/000156440824000058/0001564408-24-000058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1564408/000156440824000058/snap-20241029.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564408-24-000058
- JSON: https://secwatch.observer/filing/0001564408-24-000058.json
- Plain text: https://secwatch.observer/filing/0001564408-24-000058.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.