Snap (SNAP) EV to FCF (2021 - 2026)
Snap's EV to FCF was 7.09 in Q2 2026, down 77.0% from 30.90 a year earlier and down 16.8% from the prior quarter.
Analysis
Snap (SNAP) EV to FCF (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Snap's EV to FCF was -5.32 through Jun 30, 2026; for FY2025, it was 25.69, down 63.4% from FY2024.
- In earlier years, EV to FCF was 70.16 in FY2024 (-90.3%), 722.74 in FY2023 (+276.8%), 191.80 in FY2022 (-41.0%) and 324.93 in FY2021.
- The Q2 2026 figure marks the lowest quarterly EV to FCF in data going back to Q4 2021.
- Compared with a year earlier, EV to FCF has declined for five straight quarters, with an average decline of 83.0% over the last seven quarters.
- The best year-over-year quarter for EV to FCF over five years was Q2 2024 (growth of 767.9%); the worst was Q2 2025 (a decline of 98.2%).
- Per Business Quant data, SNAP's EV to FCF in the three quarters before Q2 2026 was 8.52 (Q1 2026), 25.69 (Q4 2025) and 25.47 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 3,893.85 Bn | 3,651.37 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,633.93 Bn | 1,336.45 Bn | 49.47 Bn |
| 3 | Netflix | 271.96 Bn | 233.26 Bn | 6.80 Bn |
| 4 | Alibaba Group Holding | 231.45 Bn | 45.22 Bn | 15.11 Bn |
| 5 | Shopify | 218.36 Bn | 195.54 Bn | 1.71 Bn |
| 6 | Uber Technologies | 135.44 Bn | 107.24 Bn | 6.38 Bn |
| 7 | Booking Holdings | 119.78 Bn | 52.83 Bn | - |
| 8 | Spotify Technology | 119.39 Bn | 76.31 Bn | 1.89 Bn |
| 9 | PDD Holdings | 110.49 Bn | -133.29 Bn | 9.45 Bn |
| 10 | Snap | 10.49 Bn | -928.54 Mn | 931.11 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.09 |
| Mar 31, 2026 | 8.52 |
| Dec 31, 2025 | 25.69 |
| Sep 30, 2025 | 25.47 |
| Jun 30, 2025 | 30.90 |
| Mar 31, 2025 | 40.27 |
| Dec 31, 2024 | 70.16 |
| Sep 30, 2024 | 103.37 |
| Jun 30, 2024 | 1,717.63 |
| Dec 31, 2023 | 722.74 |
| Sep 30, 2023 | 4,960.91 |
| Jun 30, 2023 | 197.90 |
| Mar 31, 2023 | 273.35 |
| Dec 31, 2022 | 191.80 |
| Sep 30, 2022 | 85.89 |
| Jun 30, 2022 | 97.52 |
| Mar 31, 2022 | 264.47 |
| Dec 31, 2021 | 324.93 |
API Access
Snap EV to FCF 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=ev-to-fcf&ticker=SNAP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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=ev-to-fcf&ticker=SNAP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();