Snap (SNAP) Net Margin (2016 - 2026)
Snap (SNAP) recorded quarterly Net Margin of 5.82% in Q1 2026, down 320.93% quarter-over-quarter from 2.63% in Q4 2025, and up 442.0% on a YoY basis from 1.07% in Q1 2025.
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 was 5.82% for Q1 2026 at Snap, down from 2.63% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 2.63% in Q4 2025 to a low of 35.34% in Q2 2023.
- Historically, Net Margin has averaged 16.06% across 5 years, with a median of 18.24% in 2023.
- The sharpest annual moves came in 2022 and 2023: Net Margin soared 2610 bps in 2022, then tumbled 2995 bps in 2023.
- A 5-year view of Net Margin shows it stood at 22.19% in 2022, then increased by 18 bps to 18.24% in 2023, then soared by 103 bps to 0.59% in 2024, then surged by 348 bps to 2.63% in 2025, then slumped by 321 bps to 5.82% in 2026.
- The last three Net Margin figures came in at 5.82% (Q1 2026), 2.63% (Q4 2025), and 6.87% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 2,430,078.11 Bn | 2,430,078.11 Bn | 295.20 Mn | 155.44% |
| 2 | Alphabet | 4,448.32 Bn | 4,232.70 Bn | 102.29 Bn | 56.94% |
| 3 | Meta Platforms | 1,465.06 Bn | 1,383.88 Bn | 46.09 Bn | 47.54% |
| 4 | Spotify Technology | 113.19 Bn | 102.95 Bn | 1.75 Bn | 15.91% |
| 5 | 33.56 Bn | 30.79 Bn | 511.94 Mn | 30.75% | |
| 6 | 12.93 Bn | 11.63 Bn | 768.96 Mn | -7.30% | |
| 7 | Kanzhun | 12.77 Bn | 10.67 Bn | 255.62 Bn | 55.91% |
| 8 | Match | 8.28 Bn | 7.26 Bn | 653.28 Mn | 19.31% |
| 9 | Snap | 7.91 Bn | 5.08 Bn | 1.29 Bn | -5.82% |
| 10 | Zillow | 7.56 Bn | 6.78 Bn | 519.00 Mn | 6.50% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -33.24% |
| Dec 31, 2022 | -22.19% |
| Sep 30, 2022 | -26.82% |
| Jun 30, 2022 | -5.39% |
| Mar 31, 2022 | -4.84% |
| Dec 31, 2021 | 5.34% |
| Sep 30, 2021 | -0.10% |
| Jun 30, 2021 | -12.89% |