The platform’s parent company Snap said it attracted 210 million daily active users in its latest quarter, up 13 per cent year-over-year.
More snapchatters using the Discover tab and an increase in the number of Lenses created by people helped drive the the firm’s results.
Revenue for Snap reached £346m in the three months to the end of September, an increase on the £300.9m from the previous quarter.
The company continued to operate at a net loss but edged a step closer to profitability, with losses shrinking to £176.5m this period, compared to £198.1m the three months before.
Snapchat has recently added a number of new features as it takes on the likes of Instagram, including a 3D camera mode and a third generation of its camera-enabled Spectacles.
Chief executive Evan Spiegel said: “We delivered strong results this quarter, and we are pleased that the investments we have made are continuing to drive the growth of our community and our business.
“We are a high growth business, with strong operating leverage, a clear path to profitability, a distinct vision for the future, and the ability to invest over the long term.
“We are excited about executing on the many opportunities in front of us.”