Snap (SNAP) EBITDA (2016 - 2026)

Snap (SNAP) recorded quarterly EBITDA of -$74.4 million in Q1 2026, down 249.75% quarter-over-quarter from $49.7 million in Q4 2025, and up 61.59% on a YoY basis from -$46.1 million in Q1 2025.

Snap (SNAP) EBITDA (2016 - 2026) Analysis & Trends

Snap's EBITDA history runs 11 years deep, the most recent figure standing at -$74.4 million for Q1 2026.

  • In Q1 2026, EBITDA rose 61.59% year-over-year to -$74.4 million; the TTM figure through Mar 2026 stood at -$412.8 million (up 36.29% YoY), while the FY2025 annual figure was -$532.2 million, up 32.41% from the prior year.
  • EBITDA was -$74.4 million for Q1 2026 at Snap, down from $49.7 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $49.7 million in Q4 2025 to a low of -$435.2 million in Q3 2022.
  • Historically, EBITDA has averaged -$246.3 million across 5 years, with a median of -$259.7 million in 2025.
  • The sharpest annual moves came in 2022 and 2025: EBITDA plunged 1044.57% in 2022, then soared 284.98% in 2025.
  • A 5-year view of EBITDA shows it stood at -$287.6 million in 2022, then advanced by 13.52% to -$248.7 million in 2023, then surged by 89.19% to -$26.9 million in 2024, then jumped by 284.98% to $49.7 million in 2025, then plunged by 249.75% to -$74.4 million in 2026.
  • The last three EBITDA figures came in at -$74.4 million (Q1 2026), $49.7 million (Q4 2025), and -$128.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Nebius 2,430,078.11 Bn 2,430,078.11 Bn 295.20 Mn -128.00 Mn
2 Alphabet 4,448.32 Bn 4,232.70 Bn 102.29 Bn 39.70 Bn
3 Meta Platforms 1,465.06 Bn 1,383.88 Bn 46.09 Bn 22.87 Bn
4 Spotify Technology 113.19 Bn 102.95 Bn 1.75 Bn 837.08 Mn
5 Reddit 33.56 Bn 30.79 Bn 511.94 Mn 182.91 Mn
6 Pinterest 12.93 Bn 11.63 Bn 768.96 Mn -80.29 Mn
7 Kanzhun 12.77 Bn 10.67 Bn 255.62 Bn 90.03 Bn
8 Match 8.28 Bn 7.26 Bn 653.28 Mn 250.55 Mn
9 Snap 7.91 Bn 5.08 Bn 1.29 Bn -74.45 Mn
10 Zillow 7.56 Bn 6.78 Bn 519.00 Mn 36.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -74.45 Mn
Dec 31, 2025 49.72 Mn
Sep 30, 2025 -128.36 Mn
Jun 30, 2025 -259.68 Mn
Mar 31, 2025 -193.85 Mn
Dec 31, 2024 -26.88 Mn
Sep 30, 2024 -173.21 Mn
Jun 30, 2024 -253.98 Mn
Mar 31, 2024 -333.23 Mn
Dec 31, 2023 -248.71 Mn
Sep 30, 2023 -380.06 Mn
Jun 30, 2023 -404.34 Mn
Mar 31, 2023 -365.26 Mn
Dec 31, 2022 -287.60 Mn
Sep 30, 2022 -435.24 Mn
Jun 30, 2022 -400.94 Mn
Mar 31, 2022 -271.53 Mn
Dec 31, 2021 -25.13 Mn
Sep 30, 2021 -180.82 Mn
Jun 30, 2021 -192.51 Mn