Snap Inc (SNAP) Gross Margin (2016 - 2026)

Snap (SNAP) has reported Gross Margin for 11 consecutive years, with 84.37% the latest figure, recorded in Q1 2026.

• In Q1 2026, Gross Margin rose 3128.0% year-over-year to 84.37%; the TTM figure through Mar 2026 stood at 103.16% (up 6109.0% YoY), while the FY2025 annual figure was 82.78%, up 2893.0% from the prior year.
• Gross Margin came in at 84.37% for Q1 2026 at Snap, down from 155.1% in the prior quarter.
• The five-year high for Gross Margin was 155.1% in Q4 2025, with the low at 6.52% in Q4 2024.
• Average Gross Margin over 5 years is 69.68%, with a median of 73.72% recorded in 2023.
• Across the five-year window, Gross Margin slumped 13374 bps in 2024 and jumped 16162 bps in 2025, its largest moves.
• Year by year, Gross Margin stood at 23.7% in 2022, then jumped by 437 bps to 127.22% in 2023, then slumped by 105 bps to 6.52% in 2024, then jumped by 2480 bps to 155.1% in 2025, then plunged by 46 bps to 84.37% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 84.37%, 155.1%, and 83.0% for Q1 2026, Q4 2025, and Q3 2025 respectively.