Growth Metrics

Snap (SNAP) Net Margin (2016 - 2026)

Snap's quarterly Net Margin came in at 5.82% in Q1 2026, up 442.0% year-on-year from 1.07% in Q1 2025, and down 320.93% quarter-over-quarter from 2.63% in Q4 2025.

Snap has reported Net Margin for 11 years, with the latest figure at 5.82% in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin rose 442.0% year-over-year to 5.82%; the trailing twelve-month figure through Mar 2026 stood at 6.72% (up 290.0% YoY), and the FY2025 full-year result 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.
  • Average Net Margin over 5 years is 16.06%, with a median of 18.24% recorded in 2023.
  • Year-over-year, Net Margin surged 2610 bps in 2022 and tumbled 2995 bps in 2023.
  • Tracing SNAP's Net Margin over 5 years: stood at 22.19% in 2022, then rose by 18 bps to 18.24% in 2023, then jumped by 103 bps to 0.59% in 2024, then soared by 348 bps to 2.63% in 2025, then sank 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Alphabet 4,516.07 Bn 4,300.46 Bn 102.29 Bn 56.94%
2 Meta Platforms 1,527.96 Bn 1,446.78 Bn 46.09 Bn 47.54%
3 Spotify Technology 122.61 Bn 112.37 Bn 1.75 Bn 15.91%
4 Reddit 33.97 Bn 31.20 Bn 511.94 Mn 30.75%
5 Nebius 22.38 Bn 22.38 Bn 295.20 Mn 155.44%
6 Pinterest 13.66 Bn 12.37 Bn 768.96 Mn -7.30%
7 Kanzhun 13.03 Bn 10.93 Bn 255.62 Bn 55.91%
8 Snap 9.94 Bn 7.12 Bn 1.29 Bn -5.82%
9 Match 8.60 Bn 7.57 Bn 653.28 Mn 19.31%
10 Zillow 8.57 Bn 7.79 Bn 519.00 Mn 6.50%

Historic Data

Download Data 🔒
DateValue
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%
Mar 31, 2021 -30.94%
Dec 31, 2020 -1.81%
Sep 30, 2020 -0.48%
Jun 30, 2020 -11.83%
Mar 31, 2020 -1.13%
Dec 31, 2019 78.35%
Sep 30, 2019 -8.89%
Jun 30, 2019 -11.80%
Mar 31, 2019 -4.24%
Dec 31, 2018 137.86%
Sep 30, 2018 -7.87%
Jun 30, 2018 -25.90%
Mar 31, 2018 -120.00%
Dec 31, 2017 4.77%
Sep 30, 2017 -29.96%
Jun 30, 2017 -50.50%
Mar 31, 2017 -251.51%
Dec 31, 2016 42.77%
Sep 30, 2016 -25.16%
Jun 30, 2016 -43.32%
Mar 31, 2016 -27.39%