Snap (SNAP) EBITDA Margin (2016 - 2026)
Snap (SNAP) reported EBITDA Margin of -7.74% for Q2 2026, up 8.59 percentage points from -16.33% a year earlier but down 5.79 percentage points from the prior quarter.
Powered by 
Analysis
Snap (SNAP) EBITDA Margin (2016 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Snap's EBITDA Margin came in at -2.30%, up 6.52 percentage points year-over-year; for FY2025, it was -6.21%, up 5.52 percentage points from FY2024.
- EBITDA Margin has a five-year change of +24.72 percentage points (FY2020 to FY2025).
- By year, EBITDA Margin came in at -11.74% in FY2024 (+14.97 pp), -26.70% in FY2023 (-0.78 pp), -25.93% in FY2022 (-11.77 pp) and -14.16% in FY2021 (+16.77 pp).
- Five-year quarterly EBITDA Margin spans a low of -35.35% in Q3 2022 and a high of 5.42% in Q4 2025.
- Year over year, EBITDA Margin has now increased in each of the last 12 quarters, with an average year-over-year change of +9.36 percentage points over the last eight quarters.
- The high point for year-over-year EBITDA Margin in five years was Q3 2024 (a gain of 18.72 percentage points); the low point was Q3 2022 (a drop of 21.46 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -1.95% (Q1 2026), 5.42% (Q4 2025) and -5.70% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | 39.96% |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn | 41.33% |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn | 68.51% |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn | - |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | 13.82% |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | 14.69% |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | 35.76% |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | 14.32% |
| 10 | Snap | 10.47 Bn | -945.18 Mn | 931.11 Mn | -7.80% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -7.80% |
| Mar 31, 2026 | -2.01% |
| Dec 31, 2025 | 5.37% |
| Sep 30, 2025 | -5.65% |
| Jun 30, 2025 | -16.37% |
| Mar 31, 2025 | -10.89% |
| Dec 31, 2024 | 0.99% |
| Sep 30, 2024 | -9.59% |
| Jun 30, 2024 | -17.29% |
| Mar 31, 2024 | -24.25% |
| Dec 31, 2023 | -14.29% |
| Sep 30, 2023 | -28.35% |
| Jun 30, 2023 | -33.98% |
| Mar 31, 2023 | -33.20% |
| Dec 31, 2022 | -18.26% |
| Sep 30, 2022 | -35.19% |
| Jun 30, 2022 | -28.79% |
| Mar 31, 2022 | -21.83% |
| Dec 31, 2021 | 0.83% |
| Sep 30, 2021 | -13.79% |
API Access
Snap EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=SNAP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "SNAP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=SNAP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();