Snap (SNAP) Operating Leases (2019 - 2026)
Snap's quarterly Operating Leases came in at $665.8 million in Q1 2026, up 15.71% year-on-year from $575.4 million in Q1 2025, and up 19.36% quarter-over-quarter from $557.8 million in Q4 2025.
Snap has reported Operating Leases for 8 years, with the latest figure at $665.8 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Leases rose 15.71% year-over-year to $665.8 million; the trailing twelve-month figure through Mar 2026 stood at $665.8 million (up 15.71% YoY), and the FY2025 full-year result was $557.8 million, down 3.0% from the prior year.
- Operating Leases for Q1 2026 stood at $665.8 million, up from $557.8 million in the prior quarter.
- The five-year high for Operating Leases was $665.8 million in Q1 2026, with the low at $346.5 million in Q3 2023.
- Average Operating Leases over 5 years is $508.7 million, with a median of $557.8 million recorded in 2025.
- Year-over-year, Operating Leases declined 14.3% in 2023 and soared 72.93% in 2024.
- Tracing SNAP's Operating Leases over 5 years: stood at $386.3 million in 2022, then soared by 41.42% to $546.3 million in 2023, then grew by 5.27% to $575.1 million in 2024, then slipped by 3.0% to $557.8 million in 2025, then advanced by 19.36% to $665.8 million in 2026.
- The last three Operating Leases figures came in at $665.8 million (Q1 2026), $557.8 million (Q4 2025), and $615.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,516.07 Bn | 4,300.46 Bn | 102.29 Bn |
| 2 | Meta Platforms | 1,527.96 Bn | 1,446.78 Bn | 46.09 Bn |
| 3 | Spotify Technology | 122.61 Bn | 112.37 Bn | 1.75 Bn |
| 4 | 33.97 Bn | 31.20 Bn | 511.94 Mn | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn |
| 6 | 13.66 Bn | 12.37 Bn | 768.96 Mn | |
| 7 | Kanzhun | 13.03 Bn | 10.93 Bn | 255.62 Bn |
| 8 | Snap | 9.94 Bn | 7.12 Bn | 1.29 Bn |
| 9 | Match | 8.60 Bn | 7.57 Bn | 653.28 Mn |
| 10 | Zillow | 8.57 Bn | 7.79 Bn | 519.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 665.84 Mn |
| Dec 31, 2025 | 557.82 Mn |
| Sep 30, 2025 | 615.71 Mn |
| Jun 30, 2025 | 583.87 Mn |
| Mar 31, 2025 | 575.43 Mn |
| Dec 31, 2024 | 575.08 Mn |
| Sep 30, 2024 | 599.22 Mn |
| Jun 30, 2024 | 601.18 Mn |
| Mar 31, 2024 | 590.39 Mn |
| Dec 31, 2023 | 546.28 Mn |
| Sep 30, 2023 | 346.51 Mn |
| Jun 30, 2023 | 356.93 Mn |
| Mar 31, 2023 | 419.31 Mn |
| Dec 31, 2022 | 386.27 Mn |
| Sep 30, 2022 | 384.50 Mn |
| Jun 30, 2022 | 416.50 Mn |
| Mar 31, 2022 | 426.83 Mn |
| Dec 31, 2021 | 325.51 Mn |
| Sep 30, 2021 | 292.51 Mn |
| Jun 30, 2021 | 301.58 Mn |
| Mar 31, 2021 | 281.85 Mn |
| Dec 31, 2020 | 287.29 Mn |
| Sep 30, 2020 | 287.11 Mn |
| Jun 30, 2020 | 278.07 Mn |
| Mar 31, 2020 | 289.75 Mn |
| Dec 31, 2019 | 303.18 Mn |
| Sep 30, 2019 | 284.80 Mn |
| Jun 30, 2019 | 311.66 Mn |
| Mar 31, 2019 | 329.29 Mn |