Snap Inc (SNAP) Cost of Revenue (2016 - 2026)

Snap (SNAP) has reported Cost of Revenue for 11 consecutive years, with $239.0 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Cost of Revenue fell 62.63% year-over-year to $239.0 million; the TTM figure through Mar 2026 stood at -$192.7 million (down 106.02% YoY), while the FY2025 annual figure was $1.0 billion, down 58.72% from the prior year.
• Cost of Revenue came in at $239.0 million for Q1 2026 at Snap, up from -$945.8 million in the prior quarter.
• The five-year high for Cost of Revenue was $1.7 billion in Q4 2024, with the low at -$945.8 million in Q4 2025.
• Average Cost of Revenue over 5 years is $375.3 million, with a median of $297.3 million recorded in 2023.
• Across the five-year window, Cost of Revenue jumped 547.69% in 2024 and sank 157.02% in 2025, its largest moves.
• Year by year, Cost of Revenue stood at $991.7 million in 2022, then plunged by 137.36% to -$370.5 million in 2023, then surged by 547.69% to $1.7 billion in 2024, then tumbled by 157.02% to -$945.8 million in 2025, then jumped by 125.27% to $239.0 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $239.0 million, -$945.8 million, and $256.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.