Snap (SNAP) FCF Margin (2016 - 2026)

Snap (SNAP) recorded quarterly FCF Margin of 18.71% in Q1 2026, up 56.22% quarter-over-quarter from 11.98% in Q4 2025, and up 1032.0% on a YoY basis from 1.65% in Q1 2025.

Snap (SNAP) FCF Margin (2016 - 2026) Analysis & Trends

Snap's FCF Margin history runs 11 years deep, the most recent figure standing at 18.71% for Q1 2026.

  • In Q1 2026, FCF Margin rose 1032.0% year-over-year to 18.71%; the TTM figure through Mar 2026 stood at 9.99% (up 465.0% YoY), while the FY2025 annual figure was 7.37%, up 329.0% from the prior year.
  • FCF Margin was 18.71% for Q1 2026 at Snap, up from 11.98% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 18.71% in Q1 2026 to a low of 13.27% in Q2 2022.
  • Historically, FCF Margin has averaged 4.0% across 5 years, with a median of 6.03% in 2022.
  • Biggest YoY gain for FCF Margin was 1034 bps in 2024; the steepest drop was 729 bps in 2024.
  • A 5-year view of FCF Margin shows it stood at 6.03% in 2022, then surged by 35 bps to 8.14% in 2023, then jumped by 44 bps to 11.71% in 2024, then grew by 2 bps to 11.98% in 2025, then surged by 56 bps to 18.71% in 2026.
  • The last three FCF Margin figures came in at 18.71% (Q1 2026), 11.98% (Q4 2025), and 6.2% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Nebius 1,844,303.98 Bn 1,844,303.98 Bn 295.20 Mn 1,185.69%
2 Alphabet 4,371.85 Bn 4,156.24 Bn 102.29 Bn 9.21%
3 Meta Platforms 1,483.63 Bn 1,402.45 Bn 46.09 Bn 28.74%
4 Spotify Technology 121.04 Bn 110.80 Bn 1.75 Bn 18.55%
5 Reddit 32.71 Bn 29.94 Bn 511.94 Mn 46.90%
6 Pinterest 13.95 Bn 12.66 Bn 768.96 Mn 30.94%
7 Kanzhun 12.69 Bn 10.60 Bn 255.62 Bn 0.06%
8 Snap 9.52 Bn 6.70 Bn 1.29 Bn 18.71%
9 Zillow 8.20 Bn 7.42 Bn 519.00 Mn 23.45%
10 Match 7.98 Bn 6.96 Bn 653.28 Mn 20.14%

Historic Data

Download Data
DateValue
Mar 31, 2026 18.71%
Dec 31, 2025 11.98%
Sep 30, 2025 6.20%
Jun 30, 2025 1.77%
Mar 31, 2025 8.39%
Dec 31, 2024 11.71%
Sep 30, 2024 5.23%
Jun 30, 2024 -5.94%
Mar 31, 2024 3.17%
Dec 31, 2023 8.14%
Sep 30, 2023 -5.10%
Jun 30, 2023 -11.13%
Mar 31, 2023 10.47%
Dec 31, 2022 6.03%
Sep 30, 2022 1.60%
Jun 30, 2022 -13.27%
Mar 31, 2022 10.00%
Dec 31, 2021 12.40%
Sep 30, 2021 4.84%
Jun 30, 2021 -11.78%