Snap (SNAP) Deferred Taxes (2016 - 2020)

Snap (SNAP) recorded quarterly Deferred Taxes of -$2.6 million in Q4 2020, down 121.59% quarter-over-quarter from -$1.2 million in Q3 2020, and down 283.09% on a YoY basis from $1.4 million in Q1 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 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 was -$2.6 million for Q4 2020 at Snap, down from -$1.2 million in the prior quarter.
  • In the past five years, Deferred Taxes ranged from a high of $291000.0 in Q2 2019 to a low of -$12.6 million in Q3 2017.
  • Historically, Deferred Taxes has averaged -$1.7 million across 5 years, with a median of -$394000.0 in 2020.
  • The sharpest annual moves came in 2019 and 2020: Deferred Taxes jumped 1611.76% in 2019, then sank 827.84% in 2020.
  • A 5-year view of Deferred Taxes shows it stood at -$721000.0 in 2016, then sank by 328.99% to -$3.1 million in 2017, then surged by 95.34% to -$144000.0 in 2018, then plunged by 376.39% to -$686000.0 in 2019, then slumped 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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Nebius 2,430,078.11 Bn 2,430,078.11 Bn 295.20 Mn -7.80 Mn
2 Alphabet 4,448.32 Bn 4,232.70 Bn 102.29 Bn 6.92 Bn
3 Meta Platforms 1,465.06 Bn 1,383.88 Bn 46.09 Bn 123.00 Mn
4 Spotify Technology 113.19 Bn 102.95 Bn 1.75 Bn -
5 Reddit 33.56 Bn 30.79 Bn 511.94 Mn -
6 Pinterest 12.93 Bn 11.63 Bn 768.96 Mn 5.33 Mn
7 Kanzhun 12.77 Bn 10.67 Bn 255.62 Bn -
8 Match 8.28 Bn 7.26 Bn 653.28 Mn 11.64 Mn
9 Snap 7.91 Bn 5.08 Bn 1.29 Bn -
10 Zillow 7.56 Bn 6.78 Bn 519.00 Mn -

Historic Data

Download Data
DateValue
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 -144,000.00
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