🔹 Revenue: $1.716B (Est. $1.70B) 🟢; +10% YoY
🔹 EPS: $0.03 (Est. -$0.03) 🟢
🔹 Gross Margin: 59%; +2 pts YoY
🔹 Adj. EBITDA: $358M; +30% YoY
🔹 DAUs: 474M; +5% YoY
Q1 Guide:
🔹 Revenue: $1.50B–$1.53B (Est. $1.54B) 🟡
🔹 Adj. EBITDA: $170M–$190M (Est. $177.9M) 🟢
Other Metrics:
🔹 Total active advertisers: +28% YoY
🔹 Snapchat+ subscribers: 24M; +71% YoY
🔹 Global MAU: 946M; +6% YoY
🔹 Other Revenue: $232M; +62% YoY
Financials:
🔹 Net Income: $45M (Prior: $9M)
🔹 Operating Cash Flow: $270M (Prior: $231M)
🔹 Free Cash Flow: $206M (Prior: $182M)
🔹 Cash, cash equivalents & marketable securities: $2.9B
Capital Return:
🔹 Buyback authorization: $500M
Commentary:
🔸 ““Our Q4 results began to reflect the impact of our strategic pivot toward profitable growth, translating into revenue diversification and meaningful margin expansion.”
🔸 “This progress reflects our commitment to building a more financially efficient and profitable business while continuing to invest in the future of augmented reality and the consumer launch of Specs.”
