Snap (SNAP) Invested Capital (2023 - 2026)
Snap (SNAP) recorded Invested Capital of $5.46 billion in Q2 2026, down 3.3% from $5.65 billion a year earlier and down 2.8% from the prior quarter.
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Analysis
Snap (SNAP) Invested Capital (2023 - 2026) Analysis & Trends
For FY2025, Snap reported Invested Capital of $5.82 billion, down 5.1% from FY2024.
- Across earlier years, Invested Capital came in at $6.13 billion in FY2024 (+154.0%) and $2.41 billion in FY2023.
- The Q2 2026 figure is the lowest quarterly Invested Capital since Q3 2024.
- On a year-over-year basis, Invested Capital has declined for three consecutive quarters, with growth averaging 77.6% over the last six quarters.
- Per Business Quant, the preceding three quarters came in at $5.62 billion (Q1 2026), $5.82 billion (Q4 2025) and $5.77 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,890.87 Bn | 3,648.40 Bn | 73.85 Bn | 738.65 Bn |
| 2 | Meta Platforms | 1,637.40 Bn | 1,339.92 Bn | 49.47 Bn | 344.89 Bn |
| 3 | Netflix | 270.40 Bn | 231.70 Bn | 6.80 Bn | 44.42 Bn |
| 4 | Alibaba Group Holding | 231.40 Bn | 53.61 Bn | 15.11 Bn | 184.39 Bn |
| 5 | Shopify | 218.48 Bn | 195.66 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 136.01 Bn | 107.99 Bn | 6.38 Bn | 40.94 Bn |
| 7 | Spotify Technology | 120.19 Bn | 77.10 Bn | 1.89 Bn | - |
| 8 | Booking Holdings | 117.09 Bn | 50.14 Bn | - | 9.40 Bn |
| 9 | PDD Holdings | 112.51 Bn | -131.27 Bn | 9.45 Bn | - |
| 10 | Snap | 10.94 Bn | -474.97 Mn | 931.11 Mn | 5.46 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.46 Bn |
| Mar 31, 2026 | 5.62 Bn |
| Dec 31, 2025 | 5.82 Bn |
| Sep 30, 2025 | 5.77 Bn |
| Jun 30, 2025 | 5.65 Bn |
| Mar 31, 2025 | 5.92 Bn |
| Dec 31, 2024 | 6.09 Bn |
| Sep 30, 2024 | 2.25 Bn |
| Jun 30, 2024 | 2.10 Bn |
| Dec 31, 2023 | 2.41 Bn |
API Access
Snap Invested Capital 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=invested-capital&ticker=SNAP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=SNAP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();