Snap (SNAP) Deferred Taxes (2016 - 2020)
Snap (SNAP) posted Deferred Taxes of -$2.6 million for Q4 2020, down 121.59% on a QoQ basis from -$1.2 million in Q3 2020, and down 283.09% year-over-year from $1.4 million in Q1 2020.
Analysis
Snap (SNAP) Deferred Taxes (2016 - 2020) Analysis & Trends
Snap has reported Deferred Taxes for 5 years, with the latest figure at -$2.6 million in Q4 2020.
- On a quarterly basis, Deferred Taxes fell 283.09% year-over-year to -$2.6 million in Q4 2020; TTM through Dec 2020 was -$6.3 million, a 1188.39% decrease from a year earlier, with the FY2020 full-year figure at -$6.3 million, down 1188.39% from the prior year.
- Deferred Taxes was -$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 -$512000.0 recorded in 2018.
- The sharpest annual moves came in 2019 and 2020: Deferred Taxes surged 1611.76% in 2019, then plunged 827.84% in 2020.
- Over 5 years, Deferred Taxes stood at -$721000.0 in 2016, then plunged by 328.99% to -$3.1 million in 2017, then soared by 83.45% to -$512000.0 in 2018, then plunged by 33.98% to -$686000.0 in 2019, then sank by 283.09% to -$2.6 million in 2020.
- The last three Deferred Taxes figures came in at -$2.6 million (Q4 2020), -$1.2 million (Q3 2020), and -$2.1 million (Q2 2020), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Meta Platforms | 1,696.33 Bn | 1,606.07 Bn | 49.47 Bn | 1.45 Bn |
| 2 | 29.01 Bn | 26.23 Bn | 734.60 Mn | - | |
| 3 | Bilibili | 12.48 Bn | 10.34 Bn | 433.97 Mn | - |
| 4 | 10.51 Bn | 9.24 Bn | 922.30 Mn | -6.70 Mn | |
| 5 | Match | 9.93 Bn | 9.35 Bn | 648.84 Mn | 15.09 Mn |
| 6 | Snap | 9.56 Bn | 6.90 Bn | 931.11 Mn | - |
| 7 | Rum | 5.38 Bn | 5.26 Bn | - | - |
| 8 | Sound | 4.72 Bn | 4.61 Bn | - | - |
| 9 | Joyy | 4.14 Bn | 3.82 Bn | 201.60 Mn | - |
| 10 | Grindr | 2.68 Bn | 2.67 Bn | 103.57 Mn | - |
Historic Data
Download Data
Historic 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 | -686,000.00 |
| 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 | -3.09 Mn |
| Sep 30, 2017 | -12.63 Mn |
| Jun 30, 2017 | -277,000.00 |
| Mar 31, 2017 | -1.49 Mn |
| Dec 31, 2016 | -721,000.00 |
| Sep 30, 2016 | -7.03 Mn |
| Jun 30, 2016 | -204,000.00 |