Snap (SNAP) Deferred Taxes (2016 - 2020)
Snap (SNAP) posted quarterly Deferred Taxes of -$2.6 million for Q4 2020, down 456.78% year-over-year from $736589.1 in Q1 2020, and down 121.59% quarter-over-quarter from -$1.2 million in Q3 2020.
Snap (SNAP) Deferred Taxes (2016 - 2020) Analysis & Trends
Snap's Deferred Taxes history runs 5 years deep, the most recent figure standing at -$2.6 million for Q4 2020.
- In Q4 2020, Deferred Taxes fell 456.78% year-over-year to -$2.6 million; the TTM figure through Dec 2020 stood at -$6.3 million (down 2183.75% YoY), while the FY2020 annual figure was -$6.3 million, down 2183.75% from the prior year.
- Deferred Taxes for Q4 2020 stood at -$2.6 million, down from -$1.2 million in the prior quarter.
- The five-year high for Deferred Taxes was $6.4 million in Q4 2016, with the low at -$12.6 million in Q3 2017.
- The 5-year median for Deferred Taxes is -$277000.0 (2017), against an average of -$1.1 million.
- The sharpest annual moves came in 2019 and 2020: Deferred Taxes soared 1611.76% in 2019, then plunged 827.84% in 2020.
- Snap's Deferred Taxes stood at $6.4 million in 2016, then slumped by 67.15% to $2.1 million in 2017, then slumped by 124.27% to -$512000.0 in 2018, then advanced by 7.81% to -$472000.0 in 2019, then slumped by 456.78% to -$2.6 million in 2020.
- Business Quant data shows SNAP's Deferred Taxes at -$2.6 million in Q4 2020, -$1.2 million in Q3 2020, and -$2.1 million in Q2 2020.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,165.61 Bn | 3,736.57 Bn | 73.85 Bn | 20.62 Bn |
| 2 | Meta Platforms | 1,523.46 Bn | 1,433.20 Bn | 49.47 Bn | 1.45 Bn |
| 3 | Taboola.com | 1,141.85 Bn | 1,141.71 Bn | 139.48 Mn | - |
| 4 | Baidu | 288.34 Bn | 283.85 Bn | 1.88 Mn | - |
| 5 | Spotify Technology | 103.44 Bn | 93.20 Bn | 1.75 Bn | 252.88 Mn |
| 6 | Joyy | 77.39 Bn | 76.50 Bn | 205.64 Mn | - |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | - |
| 8 | Nebius | 50.20 Bn | 40.57 Bn | 295.20 Mn | -7.80 Mn |
| 9 | 30.00 Bn | 27.22 Bn | 734.60 Mn | - | |
| 10 | Snap | 9.14 Bn | 6.48 Bn | 931.11 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2020 | -2.63 Mn |
| Sep 30, 2020 | -1.19 Mn |
| Jun 30, 2020 | -2.12 Mn |
| Mar 31, 2020 | -394,000.00 |
| Dec 31, 2019 | -472,000.00 |
| Sep 30, 2019 | 170,000.00 |
| Jun 30, 2019 | 291,000.00 |
| Mar 31, 2019 | -266,000.00 |
| Dec 31, 2018 | -512,000.00 |
| Sep 30, 2018 | -124,000.00 |
| Jun 30, 2018 | 17,000.00 |
| Mar 31, 2018 | 236,000.00 |
| Dec 31, 2017 | 2.11 Mn |
| Sep 30, 2017 | -12.63 Mn |
| Jun 30, 2017 | -277,000.00 |
| Mar 31, 2017 | -1.49 Mn |
| Dec 31, 2016 | 6.42 Mn |
| Sep 30, 2016 | -7.03 Mn |
| Jun 30, 2016 | -204,000.00 |