Snap (SNAP) Operating Expenses (2016 - 2026)

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 was $1.6 billion for Q1 2026 at Snap, down from $1.7 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 $1.3 billion in Q1 2022.
• Historically, Operating Expenses has averaged $1.5 billion across 5 years, with a median of $1.6 billion in 2022.
• The sharpest annual moves came in 2022 and 2023: Operating Expenses increased 28.71% in 2022, then dropped 2.64% in 2023.
• A 5-year view of Operating Expenses shows it stood at $1.6 billion in 2022, then gained by 1.43% to $1.6 billion in 2023, then retreated by 1.6% to $1.6 billion in 2024, then grew by 5.21% to $1.7 billion in 2025, then decreased by 3.81% to $1.6 billion in 2026.
• The last three Operating Expenses figures came in at $1.6 billion (Q1 2026), $1.7 billion (Q4 2025), and $1.6 billion (Q3 2025), per Business Quant data.