Growth Metrics

Snap (SNAP) Operating Expenses (2016 - 2025)

Snap's Operating Expenses history spans 10 years, with the latest figure at $1.7 billion for Q4 2025.

  • For Q4 2025, Operating Expenses rose 5.21% year-over-year to $1.7 billion; the TTM value through Dec 2025 reached $6.5 billion, up 5.12%, while the annual FY2025 figure was $6.5 billion, 5.12% up from the prior year.
  • Operating Expenses reached $1.7 billion in Q4 2025 per SNAP's latest filing, up from $1.6 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $1.7 billion in Q4 2025 to a low of $1.1 billion in Q1 2021.
  • Average Operating Expenses over 5 years is $1.5 billion, with a median of $1.5 billion recorded in 2024.
  • Peak YoY movement for Operating Expenses: soared 53.59% in 2021, then decreased 2.64% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $1.3 billion in 2021, then rose by 19.98% to $1.6 billion in 2022, then increased by 1.43% to $1.6 billion in 2023, then decreased by 1.6% to $1.6 billion in 2024, then increased by 5.21% to $1.7 billion in 2025.
  • Per Business Quant, the three most recent readings for SNAP's Operating Expenses are $1.7 billion (Q4 2025), $1.6 billion (Q3 2025), and $1.6 billion (Q2 2025).