Snap (SNAP) EBITDA (2016 - 2026)
Snap (SNAP) posted quarterly EBITDA of -$74.4 million for Q1 2026, up 61.59% year-over-year from -$46.1 million in Q1 2025, and down 249.75% quarter-over-quarter from $49.7 million in Q4 2025.
Analysis
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 for Q1 2026 stood at -$74.4 million, down from $49.7 million in the prior quarter.
- The five-year high for EBITDA was $49.7 million in Q4 2025, with the low at -$435.2 million in Q3 2022.
- The 5-year median for EBITDA is -$259.7 million (2025), against an average of -$246.3 million.
- The sharpest annual moves came in 2022 and 2025: EBITDA tumbled 1044.57% in 2022, then surged 284.98% in 2025.
- Snap's EBITDA stood at -$287.6 million in 2022, then gained by 13.52% to -$248.7 million in 2023, then jumped by 89.19% to -$26.9 million in 2024, then soared by 284.98% to $49.7 million in 2025, then tumbled by 249.75% to -$74.4 million in 2026.
- Business Quant data shows SNAP's EBITDA at -$74.4 million in Q1 2026, $49.7 million in Q4 2025, and -$128.4 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 40.77 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 18.78 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 1.21 Bn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | -175.90 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 231.72 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 54.76 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | 480.00 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | -55.20 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 260.78 Mn |
| 10 | Snap | 9.26 Bn | 6.60 Bn | 931.11 Mn | -170.72 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -170.72 Mn |
| 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 |