Snap (SNAP) Operating Income (2016 - 2026)
Snap (SNAP) recorded quarterly Operating Income of -$74.4 million in Q1 2026, down 249.75% quarter-over-quarter from $49.7 million in Q4 2025, and up 61.59% on a YoY basis from -$46.1 million in Q1 2025.
Snap (SNAP) Operating Income (2016 - 2026) Analysis & Trends
Snap's Operating Income history runs 11 years deep, the most recent figure standing at -$74.4 million for Q1 2026.
- In Q1 2026, Operating Income rose 61.59% year-over-year to -$74.4 million; the TTM figure through Mar 2026 stood at -$412.8 million (up 36.29% YoY), while the FY2025 annual figure was -$532.2 million, up 32.41% from the prior year.
- Operating Income was -$74.4 million for Q1 2026 at Snap, down from $49.7 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $49.7 million in Q4 2025 to a low of -$435.2 million in Q3 2022.
- Historically, Operating Income has averaged -$246.3 million across 5 years, with a median of -$259.7 million in 2025.
- The sharpest annual moves came in 2022 and 2025: Operating Income plunged 1044.57% in 2022, then soared 284.98% in 2025.
- A 5-year view of Operating Income shows it stood at -$287.6 million in 2022, then advanced by 13.52% to -$248.7 million in 2023, then surged by 89.19% to -$26.9 million in 2024, then jumped by 284.98% to $49.7 million in 2025, then plunged by 249.75% to -$74.4 million in 2026.
- The last three Operating Income figures came in at -$74.4 million (Q1 2026), $49.7 million (Q4 2025), and -$128.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 2,430,078.11 Bn | 2,430,078.11 Bn | 295.20 Mn | -128.00 Mn |
| 2 | Alphabet | 4,448.32 Bn | 4,232.70 Bn | 102.29 Bn | 39.70 Bn |
| 3 | Meta Platforms | 1,465.06 Bn | 1,383.88 Bn | 46.09 Bn | 22.87 Bn |
| 4 | Spotify Technology | 113.19 Bn | 102.95 Bn | 1.75 Bn | 837.08 Mn |
| 5 | 33.56 Bn | 30.79 Bn | 511.94 Mn | 182.91 Mn | |
| 6 | 12.93 Bn | 11.63 Bn | 768.96 Mn | -80.29 Mn | |
| 7 | Kanzhun | 12.77 Bn | 10.67 Bn | 255.62 Bn | 90.41 Bn |
| 8 | Match | 8.28 Bn | 7.26 Bn | 653.28 Mn | 236.42 Mn |
| 9 | Snap | 7.91 Bn | 5.08 Bn | 1.29 Bn | -74.45 Mn |
| 10 | Zillow | 7.56 Bn | 6.78 Bn | 519.00 Mn | 36.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -74.45 Mn |
| Dec 31, 2025 | 49.72 Mn |
| Sep 30, 2025 | -128.36 Mn |
| Jun 30, 2025 | -259.68 Mn |
| Mar 31, 2025 | -193.85 Mn |
| Dec 31, 2024 | -26.88 Mn |
| Sep 30, 2024 | -173.21 Mn |
| Jun 30, 2024 | -253.98 Mn |
| Mar 31, 2024 | -333.23 Mn |
| Dec 31, 2023 | -248.71 Mn |
| Sep 30, 2023 | -380.06 Mn |
| Jun 30, 2023 | -404.34 Mn |
| Mar 31, 2023 | -365.26 Mn |
| Dec 31, 2022 | -287.60 Mn |
| Sep 30, 2022 | -435.24 Mn |
| Jun 30, 2022 | -400.94 Mn |
| Mar 31, 2022 | -271.53 Mn |
| Dec 31, 2021 | -25.13 Mn |
| Sep 30, 2021 | -180.82 Mn |
| Jun 30, 2021 | -192.51 Mn |