Growth Metrics

Snap (SNAP) Cost Of Revenue (2016 - 2025)

Snap has reported Cost of Revenue over the past 10 years, most recently at $1.9 billion for Q4 2025.

  • For Q4 2025, Cost of Revenue rose 356.81% year-over-year to $1.9 billion; the TTM value through Dec 2025 reached $3.1 billion, up 190.27%, while the annual FY2025 figure was $2.7 billion, 150.98% up from the prior year.
  • Cost of Revenue for Q4 2025 was $1.9 billion at Snap, up from $674.2 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $1.9 billion in Q4 2025 and troughed at -$738.9 million in Q4 2024.
  • A 5-year average of $443.1 million and a median of $444.9 million in 2021 define the central range for Cost of Revenue.
  • Biggest five-year swings in Cost of Revenue: plummeted 367.9% in 2024 and later surged 356.81% in 2025.
  • Year by year, Cost of Revenue stood at $449.2 million in 2021, then tumbled by 34.29% to $295.2 million in 2022, then fell by 6.55% to $275.8 million in 2023, then tumbled by 367.9% to -$738.9 million in 2024, then soared by 356.81% to $1.9 billion in 2025.
  • Business Quant data shows Cost of Revenue for SNAP at $1.9 billion in Q4 2025, $674.2 million in Q3 2025, and $257.9 million in Q2 2025.