Snap (SNAP) Net Margin (2016 - 2026)
Snap (SNAP) posted Net Margin of 10.26% for Q2 2026, down 76.25% on a QoQ basis from 5.82% in Q1 2026, and up 927.0% year-over-year from 1.0% in Q2 2025.
Analysis
Snap (SNAP) Net Margin (2016 - 2026) Analysis & Trends
Snap has reported Net Margin for 11 years, with the latest figure at 10.26% in Q2 2026.
- On a quarterly basis, Net Margin rose 927.0% year-over-year to 10.26% in Q2 2026; TTM through Jun 2026 was 4.9%, a 479.0% increase from a year earlier, with the FY2025 full-year figure at 7.76%, up 525.0% from the prior year.
- Net Margin was 10.26% for Q2 2026 at Snap, down from 5.82% 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.
- Average Net Margin over 5 years is 18.54%, with a median of 19.81% recorded in 2024.
- The sharpest annual moves came in 2022 and 2024: Net Margin slumped 2357 bps in 2022, then jumped 1982 bps in 2024.
- Over 5 years, Net Margin stood at 22.19% in 2022, then rose by 18 bps to 18.24% in 2023, then surged by 103 bps to 0.59% in 2024, then jumped by 349 bps to 2.63% in 2025, then slumped by 490 bps to 10.26% in 2026.
- The last three Net Margin figures came in at 10.26% (Q2 2026), 5.82% (Q1 2026), and 2.63% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Meta Platforms | 1,696.33 Bn | 1,606.07 Bn | 49.47 Bn | 26.07% |
| 2 | 29.01 Bn | 26.23 Bn | 734.60 Mn | 31.41% | |
| 3 | Bilibili | 12.48 Bn | 10.34 Bn | 433.97 Mn | 4.33% |
| 4 | 10.51 Bn | 9.24 Bn | 922.30 Mn | -3.96% | |
| 5 | Match | 9.93 Bn | 9.35 Bn | 648.84 Mn | 19.99% |
| 6 | Snap | 9.56 Bn | 6.90 Bn | 931.11 Mn | -10.26% |
| 7 | Rum | 5.38 Bn | 5.26 Bn | - | -200.49% |
| 8 | Sound | 4.72 Bn | 4.61 Bn | - | - |
| 9 | Joyy | 4.14 Bn | 3.82 Bn | 201.60 Mn | 8.71% |
| 10 | Grindr | 2.68 Bn | 2.67 Bn | 103.57 Mn | 12.84% |
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% |