
Snap Is Finally Acting Like a Grown‑Up… Without Losing the Dog Ears
TL;DR
Quick Summary
- Snap’s stock is lagging in 2025, but the business is growing: Q3 revenue rose 10% year over year and cash flow turned positive even as the company remains unprofitable.
- A $400 million deal with Perplexity AI turns Snapchat into an AI distribution platform, with Snap getting paid for access to its nearly 1 billion monthly users starting in 2026.
- New features like Topic Chats, a $500 million buyback, growing Snapchat+ subs, and a new board member from Arlo show Snap slowly maturing while still owning the youth camera culture.
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Disclaimer: KAHROS is a financial media and technology company. The Services, including any AI-generated content and articles, are for informational purposes only and do not constitute financial, legal, tax, or investment advice, nor an offer or solicitation to buy or sell any securities. Market information may be time-sensitive, incomplete, or subject to change without notice. We are not a registered broker-dealer or investment advisor. Please refer to our Terms of Service for more details.

