Snap Inc (SNAP) Deferred Taxes (2016 - 2020)

Snap (SNAP) has reported Deferred Taxes for 5 consecutive years, with -$2.6 million the latest figure, recorded in Q4 2020.

• In Q4 2020, Deferred Taxes fell 283.09% year-over-year to -$2.6 million; the TTM figure through Dec 2020 stood at -$6.3 million (down 1188.39% YoY), while the FY2020 annual figure was -$6.3 million, down 1188.39% from the prior year.
• Deferred Taxes came in at -$2.6 million for Q4 2020 at Snap, down from -$1.2 million in the prior quarter.
• The five-year high for Deferred Taxes was $291000.0 in Q2 2019, with the low at -$12.6 million in Q3 2017.
• Average Deferred Taxes over 5 years is -$1.7 million, with a median of -$394000.0 recorded in 2020.
• Across the five-year window, Deferred Taxes jumped 1611.76% in 2019 and slumped 827.84% in 2020, its largest moves.
• Year by year, Deferred Taxes stood at -$721000.0 in 2016, then slumped by 328.99% to -$3.1 million in 2017, then surged by 95.34% to -$144000.0 in 2018, then sank by 376.39% to -$686000.0 in 2019, then tumbled by 283.09% to -$2.6 million in 2020.
• According to Business Quant data, Deferred Taxes over the past three periods registered -$2.6 million, -$1.2 million, and -$2.1 million for Q4 2020, Q3 2020, and Q2 2020 respectively.