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 Reddit 33.56 Bn 30.79 Bn 511.94 Mn 7.17 Mn
6 Pinterest 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
DateValue
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