Snap (SNAP) Deferred Taxes (2016 - 2020)
Snap's quarterly Deferred Taxes came in at -$2.6 million in Q4 2020, down 283.09% year-on-year from $1.4 million in Q1 2020, and down 121.59% quarter-over-quarter from -$1.2 million in Q3 2020.
Snap has reported Deferred Taxes for 5 years, with the latest figure at -$2.6 million in Q4 2020.
- For the quarter ending Q4 2020, Deferred Taxes fell 283.09% year-over-year to -$2.6 million; the trailing twelve-month figure through Dec 2020 stood at -$6.3 million (down 1188.39% YoY), and the FY2020 full-year result was -$6.3 million, down 1188.39% 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 $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.
- Year-over-year, Deferred Taxes soared 1611.76% in 2019 and sank 827.84% in 2020.
- Tracing SNAP's Deferred Taxes over 5 years: stood at -$721000.0 in 2016, then plunged by 328.99% to -$3.1 million in 2017, then soared by 95.34% to -$144000.0 in 2018, then tumbled by 376.39% 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,516.07 Bn | 4,300.46 Bn | 102.29 Bn | 6.92 Bn |
| 2 | Meta Platforms | 1,527.96 Bn | 1,446.78 Bn | 46.09 Bn | 123.00 Mn |
| 3 | Spotify Technology | 122.61 Bn | 112.37 Bn | 1.75 Bn | - |
| 4 | 33.97 Bn | 31.20 Bn | 511.94 Mn | - | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | -7.80 Mn |
| 6 | 13.66 Bn | 12.37 Bn | 768.96 Mn | 5.33 Mn | |
| 7 | Kanzhun | 13.03 Bn | 10.93 Bn | 255.62 Bn | - |
| 8 | Snap | 9.94 Bn | 7.12 Bn | 1.29 Bn | - |
| 9 | Match | 8.60 Bn | 7.57 Bn | 653.28 Mn | 11.64 Mn |
| 10 | Zillow | 8.57 Bn | 7.79 Bn | 519.00 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 | -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 |