Snap SNAP
NYSE SNAP
$5.55 +0.12 (+2.21%)
As of: Aug 31, 2026 · 3:59 PM EDT

Snap (SNAP) Operating Expenses (2016 - 2026)

Snap (SNAP) posted quarterly Operating Expenses of $1.6 billion for Q1 2026, up 2.97% year-over-year from $1.6 billion in Q1 2025, and down 3.81% quarter-over-quarter from $1.7 billion in Q4 2025.

Analysis

Snap (SNAP) Operating Expenses (2016 - 2026) Analysis & Trends

Snap's Operating Expenses history runs 11 years deep, the most recent figure standing at $1.6 billion for Q1 2026.

  • In Q1 2026, Operating Expenses rose 2.97% year-over-year to $1.6 billion; the TTM figure through Mar 2026 stood at $6.5 billion (up 5.37% YoY), while the FY2025 annual figure was $6.5 billion, up 5.12% from the prior year.
  • Operating Expenses for Q1 2026 stood at $1.6 billion, down from $1.7 billion in the prior quarter.
  • The five-year high for Operating Expenses was $1.7 billion in Q4 2025, with the low at $1.3 billion in Q1 2022.
  • The 5-year median for Operating Expenses is $1.6 billion (2022), against an average of $1.5 billion.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses grew 28.71% in 2022, then slipped 2.64% in 2023.
  • Snap's Operating Expenses stood at $1.6 billion in 2022, then rose by 1.43% to $1.6 billion in 2023, then fell by 1.6% to $1.6 billion in 2024, then climbed by 5.21% to $1.7 billion in 2025, then retreated by 3.81% to $1.6 billion in 2026.
  • Business Quant data shows SNAP's Operating Expenses at $1.6 billion in Q1 2026, $1.7 billion in Q4 2025, and $1.6 billion in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alphabet 4,083.83 Bn 3,654.79 Bn 73.85 Bn 79.03 Bn
2 Meta Platforms 1,456.07 Bn 1,365.81 Bn 49.47 Bn 42.03 Bn
3 Spotify Technology 111.71 Bn 104.79 Bn 1.86 Bn 640.46 Mn
4 Nebius 50.03 Bn 40.93 Bn 448.70 Mn 758.20 Mn
5 Reddit 28.44 Bn 25.65 Bn 734.60 Mn 573.19 Mn
6 Bilibili 13.59 Bn 11.45 Bn 433.97 Mn -379.21 Mn
7 Tencent Music Entertainment 12.71 Bn 9.21 Bn 582.00 Mn -191.00 Mn
8 Pinterest 12.21 Bn 10.93 Bn 922.30 Mn 1.23 Bn
9 Match 9.45 Bn 8.86 Bn 648.84 Mn 607.66 Mn
10 Snap 9.26 Bn 6.60 Bn 931.11 Mn 1.77 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.77 Bn
Mar 31, 2026 1.60 Bn
Dec 31, 2025 1.67 Bn
Sep 30, 2025 1.64 Bn
Jun 30, 2025 1.60 Bn
Mar 31, 2025 1.56 Bn
Dec 31, 2024 1.58 Bn
Sep 30, 2024 1.55 Bn
Jun 30, 2024 1.49 Bn
Mar 31, 2024 1.53 Bn
Dec 31, 2023 1.61 Bn
Sep 30, 2023 1.57 Bn
Jun 30, 2023 1.47 Bn
Mar 31, 2023 1.35 Bn
Dec 31, 2022 1.59 Bn
Sep 30, 2022 1.56 Bn
Jun 30, 2022 1.51 Bn
Mar 31, 2022 1.33 Bn
Dec 31, 2021 1.32 Bn
Sep 30, 2021 1.25 Bn