Snap Has More Than 30 Million Paid Subscribers Across Snapchat+ And Other Plans
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
Snap said it has surpassed 30 million paying subscribers across Snapchat+, Lens+, its ad-free Platinum tier and paid Memory storage, disclosed alongside third-quarter earnings. The company’s non-advertising “other” revenue rose 84% year over year, though it did not break out subscriber counts by plan. Snap launched Snapchat+ in 2022 and has since added Lens+, which offers AI-powered augmented-reality effects, and Platinum, which removes ads. Lens+ subscriptions have grown nearly 600% since January 2026, suggesting strong appetite for AI features such as AI photo editing. The milestone matters because it shows Snap can build a recurring revenue stream beyond advertising, and investors will watch whether subscription growth can offset softness in its core ad business.
Muhabbit's AI wrote this summary in its own words from Engadget's report. It can get details wrong, so check the source.
Named in this story
Snap (SNAP), Snapchat+, Lens+, Platinum
A linked name opens that asset's sentiment page.