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.
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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,228.49 Bn | 3,799.45 Bn | 73.85 Bn | 79.03 Bn |
| 2 | Meta Platforms | 1,535.92 Bn | 1,445.66 Bn | 49.47 Bn | 42.03 Bn |
| 3 | Taboola.com | 1,134.89 Bn | 1,134.76 Bn | 139.48 Mn | 132.22 Mn |
| 4 | Baidu | 289.51 Bn | 285.02 Bn | 1.88 Mn | 4.19 Bn |
| 5 | Spotify Technology | 102.68 Bn | 92.45 Bn | 1.75 Bn | 512.79 Mn |
| 6 | Joyy | 77.91 Bn | 77.02 Bn | 205.64 Mn | -187.82 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 303,858.00 |
| 8 | Nebius | 49.37 Bn | 39.74 Bn | 295.20 Mn | 527.00 Mn |
| 9 | 30.48 Bn | 27.69 Bn | 734.60 Mn | 573.19 Mn | |
| 10 | Snap | 9.10 Bn | 6.44 Bn | 931.11 Mn | 1.77 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |