Growth Metrics

Snap (SNAP) Gross Margin (2016 - 2025)

Snap's Gross Margin history spans 10 years, with the latest figure at 10.55% for Q4 2025.

  • For Q4 2025, Gross Margin fell 15800.0% year-over-year to 10.55%; the TTM value through Dec 2025 reached 47.95%, down 3221.0%, while the annual FY2025 figure was 54.99%, 2517.0% down from the prior year.
  • Gross Margin reached 10.55% in Q4 2025 per SNAP's latest filing, down from 55.26% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 147.45% in Q4 2024 to a low of 10.55% in Q4 2025.
  • Average Gross Margin over 5 years is 63.96%, with a median of 59.23% recorded in 2022.
  • Peak YoY movement for Gross Margin: soared 6771bps in 2024, then tumbled -15800bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 65.39% in 2021, then grew by 18bps to 77.29% in 2022, then grew by 3bps to 79.74% in 2023, then surged by 85bps to 147.45% in 2024, then crashed by -107bps to 10.55% in 2025.
  • Per Business Quant, the three most recent readings for SNAP's Gross Margin are 10.55% (Q4 2025), 55.26% (Q3 2025), and 80.83% (Q2 2025).