Snap (SNAP) EBT Margin (2016 - 2026)
Snap's EBT Margin was -10.10% in Q2 2026, up 8.85 percentage points from -18.95% a year earlier but down 4.49 percentage points from the prior quarter.
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Analysis
Snap (SNAP) EBT Margin (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, Snap's EBT Margin was -4.92% through Jun 30, 2026, up 4.25 percentage points year-over-year; for FY2025, it was -7.61%, up 4.93 percentage points from FY2024.
- EBT Margin has now increased for three consecutive years, with a five-year change of +29.34 percentage points (FY2020 to FY2025).
- In earlier years, EBT Margin was -12.54% in FY2024 (+15.56 pp), -28.10% in FY2023 (+2.34 pp), -30.44% in FY2022 (-18.92 pp) and -11.52% in FY2021 (+25.43 pp).
- Quarterly EBT Margin has moved between -37.36% (Q2 2022) and 2.74% (Q4 2021) over five years.
- Compared with a year earlier, EBT Margin has increased for 14 straight quarters, with an average year-over-year change of +9.10 percentage points over the last eight quarters.
- The best year-over-year quarter for EBT Margin over five years was Q3 2021 (a gain of 22.67 percentage points); the worst was Q4 2022 (a drop of 24.61 percentage points).
- Per Business Quant data, SNAP's EBT Margin in the three quarters before Q2 2026 was -5.61% (Q1 2026), 2.21% (Q4 2025) and -6.84% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | 115.82% |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn | 30.85% |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn | 32.39% |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn | 8.29% |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | 49.54% |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | 23.09% |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | 34.82% |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | 36.60% |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | 15.07% |
| 10 | Snap | 10.47 Bn | -945.18 Mn | 931.11 Mn | -10.10% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -10.10% |
| Mar 31, 2026 | -5.61% |
| Dec 31, 2025 | 2.21% |
| Sep 30, 2025 | -6.84% |
| Jun 30, 2025 | -18.95% |
| Mar 31, 2025 | -9.62% |
| Dec 31, 2024 | 0.92% |
| Sep 30, 2024 | -10.56% |
| Jun 30, 2024 | -19.68% |
| Mar 31, 2024 | -24.96% |
| Dec 31, 2023 | -18.00% |
| Sep 30, 2023 | -30.49% |
| Jun 30, 2023 | -34.21% |
| Mar 31, 2023 | -32.55% |
| Dec 31, 2022 | -21.87% |
| Sep 30, 2022 | -31.04% |
| Jun 30, 2022 | -37.36% |
| Mar 31, 2022 | -33.04% |
| Dec 31, 2021 | 2.74% |
| Sep 30, 2021 | -6.65% |
API Access
Snap EBT 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=ebt-margin&ticker=SNAP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=SNAP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();