Snap Q4 revenue up 10% to $1.72B, net income $45M; authorizes $500M buyback

Snap Inc

2025-FY EPS reported -$0.27 revenue$5,931,447,000

Q4 revenue $1,716M (+10% YoY), net income $45M vs $9M, adjusted EBITDA $358M vs $276M
Q4 gross margin 59% (up 4pp QoQ); full-year revenue $5,931M (+11%), net loss $460M vs $698M
Board authorized $500M stock repurchase program over 12 months; total cash and securities $2.9B
DAU declined 3M QoQ to 474M; MAU 946M (+6% YoY); Snapchat+ subscribers 24M (+71%)

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