Snap (SNAP) Net Margin (2016 - 2026)
Snap (SNAP) posted quarterly Net Margin of 5.82% for Q1 2026, up 442.0% year-over-year from 1.07% in Q1 2025, and down 321.17% quarter-over-quarter from 2.63% in Q4 2025.
Analysis
Snap (SNAP) Net Margin (2016 - 2026) Analysis & Trends
Snap's Net Margin history runs 11 years deep, the most recent figure standing at 5.82% for Q1 2026.
- In Q1 2026, Net Margin rose 442.0% year-over-year to 5.82%; the TTM figure through Mar 2026 stood at 6.72% (up 290.0% YoY), while the FY2025 annual figure was 7.76%, up 525.0% from the prior year.
- Net Margin for Q1 2026 stood at 5.82%, down from 2.63% in the prior quarter.
- The five-year high for Net Margin was 2.63% in Q4 2025, with the low at 35.34% in Q2 2023.
- The 5-year median for Net Margin is 19.53% (2025), against an average of 17.63%.
- Peak annual rise in Net Margin reached 2610 bps in 2022, while the deepest fall reached 4943 bps in 2022.
- Snap's Net Margin stood at 22.19% in 2022, then grew by 18 bps to 18.24% in 2023, then soared by 103 bps to 0.59% in 2024, then jumped by 349 bps to 2.63% in 2025, then plunged by 321 bps to 5.82% in 2026.
- Business Quant data shows SNAP's Net Margin at 5.82% in Q1 2026, 2.63% in Q4 2025, and 6.87% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 93.58% |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 26.07% |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 11.41% |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | -2.47% |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 31.41% | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 4.33% |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | - |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | -3.96% | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 19.99% |
| 10 | Snap | 9.26 Bn | 6.60 Bn | 931.11 Mn | -10.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -10.26% |
| Mar 31, 2026 | -5.82% |
| Dec 31, 2025 | 2.63% |
| Sep 30, 2025 | -6.87% |
| Jun 30, 2025 | -19.53% |
| Mar 31, 2025 | -10.24% |
| Dec 31, 2024 | 0.59% |
| Sep 30, 2024 | -11.16% |
| Jun 30, 2024 | -20.10% |
| Mar 31, 2024 | -25.54% |
| Dec 31, 2023 | -18.24% |
| Sep 30, 2023 | -30.98% |
| Jun 30, 2023 | -35.34% |
| Mar 31, 2023 | -33.25% |
| Dec 31, 2022 | -22.19% |
| Sep 30, 2022 | -26.82% |
| Jun 30, 2022 | -32.07% |
| Mar 31, 2022 | -28.52% |
| Dec 31, 2021 | 1.38% |
| Sep 30, 2021 | -5.65% |