Snap reports Q4 revenue up 10% YoY to $1.72B, vs. $1.7B est., DAUs up 5% to 474M, vs. 478M est., and announces a $500M share buyback; SNAP jumps 5%+ after hours
$SNAP continues to show solid growth coupled now with profit (finally), margin expansion and a significant buyback: “Our Q4 results began to reflect the impact of our strategic pivot toward profitable growth, translating into revenue diversification and meaningful margin
“Snap is uniquely positioned to lead the next wave of spatial computing” $SNAP co-founder @evanspiegel confident he can out innovate Google, Meta and OpenAI in the next wave of computing. Specs launch in 2026