Snap (SNAP) Current Leases (2016 - 2026)
Snap (SNAP) recorded quarterly Current Leases of $33.3 million in Q1 2026, down 31.23% quarter-over-quarter from $48.5 million in Q4 2025, and up 48.17% on a YoY basis from $22.5 million in Q1 2025.
Snap (SNAP) Current Leases (2016 - 2026) Analysis & Trends
Snap's Current Leases history runs 11 years deep, the most recent figure standing at $33.3 million for Q1 2026.
- In Q1 2026, Current Leases rose 48.17% year-over-year to $33.3 million; the TTM figure through Mar 2026 stood at $33.3 million (up 48.17% YoY), while the FY2025 annual figure was $48.5 million, up 94.81% from the prior year.
- Current Leases was $33.3 million for Q1 2026 at Snap, down from $48.5 million in the prior quarter.
- In the past five years, Current Leases ranged from a high of $62.1 million in Q3 2023 to a low of $21.3 million in Q2 2024.
- Historically, Current Leases has averaged $41.7 million across 5 years, with a median of $46.5 million in 2022.
- The sharpest annual moves came in 2024 and 2025: Current Leases tumbled 65.69% in 2024, then surged 103.97% in 2025.
- A 5-year view of Current Leases shows it stood at $46.5 million in 2022, then advanced by 6.1% to $49.3 million in 2023, then slumped by 49.54% to $24.9 million in 2024, then jumped by 94.81% to $48.5 million in 2025, then sank by 31.23% to $33.3 million in 2026.
- The last three Current Leases figures came in at $33.3 million (Q1 2026), $48.5 million (Q4 2025), and $43.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 2,430,078.11 Bn | 2,430,078.11 Bn | 295.20 Mn | - |
| 2 | Alphabet | 4,448.32 Bn | 4,232.70 Bn | 102.29 Bn | - |
| 3 | Meta Platforms | 1,465.06 Bn | 1,383.88 Bn | 46.09 Bn | 2.41 Bn |
| 4 | Spotify Technology | 113.19 Bn | 102.95 Bn | 1.75 Bn | 72.59 Mn |
| 5 | 33.56 Bn | 30.79 Bn | 511.94 Mn | 7.17 Mn | |
| 6 | 12.93 Bn | 11.63 Bn | 768.96 Mn | - | |
| 7 | Kanzhun | 12.77 Bn | 10.67 Bn | 255.62 Bn | 9.93 Mn |
| 8 | Match | 8.28 Bn | 7.26 Bn | 653.28 Mn | - |
| 9 | Snap | 7.91 Bn | 5.08 Bn | 1.29 Bn | 33.34 Mn |
| 10 | Zillow | 7.56 Bn | 6.78 Bn | 519.00 Mn | 14.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 33.34 Mn |
| Dec 31, 2025 | 48.48 Mn |
| Sep 30, 2025 | 43.47 Mn |
| Jun 30, 2025 | 32.16 Mn |
| Mar 31, 2025 | 22.50 Mn |
| Dec 31, 2024 | 24.89 Mn |
| Sep 30, 2024 | 21.31 Mn |
| Jun 30, 2024 | 21.28 Mn |
| Mar 31, 2024 | 36.65 Mn |
| Dec 31, 2023 | 49.32 Mn |
| Sep 30, 2023 | 62.11 Mn |
| Jun 30, 2023 | 57.89 Mn |
| Mar 31, 2023 | 50.79 Mn |
| Dec 31, 2022 | 46.49 Mn |
| Sep 30, 2022 | 57.91 Mn |
| Jun 30, 2022 | 48.98 Mn |
| Mar 31, 2022 | 51.68 Mn |
| Dec 31, 2021 | 52.40 Mn |
| Sep 30, 2021 | 56.19 Mn |
| Jun 30, 2021 | 54.12 Mn |