---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-034752"
form_type: "8-K"
ticker: "SNAP"
cik: "0001564408"
company_name: "Snap Inc"
filed_at: "2022-10-20T23:59:59+00:00"
generated_at: "2026-06-23T02:17:50.304282+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Snap Q3 revenue up 6% to $1.13B; net loss widens to $360M; announces $500M buyback

## Summary
- Revenue $1,128M (+6% YoY); DAUs 363M (+19% YoY).
- Net loss $360M (incl. $155M restructuring) vs $72M loss prior year; Adj EBITDA $73M vs $174M.
- Board authorized $500M stock buyback over next 12 months; $4.4B cash on hand.
- No Q4 revenue or adjusted EBITDA guidance provided due to uncertain environment.
- Spotlight time spent +55% YoY; Snapchat+ subscribers over 1.5M.

## SEC filing metadata
- accession: 0001564590-22-034752
- form_type: 8-K
- ticker: SNAP
- cik: 0001564408
- company_name: Snap Inc
- filed_at: 2022-10-20T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1564408/000156459022034752/0001564590-22-034752-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1564408/000156459022034752/snap-8k_20221020.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-034752
- JSON: https://secwatch.observer/filing/0001564590-22-034752.json
- Plain text: https://secwatch.observer/filing/0001564590-22-034752.txt

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