Snap (SNAP) Operating Leases (2019 - 2026)
Snap's Operating Leases came in at $643.32 million for Q2 2026, up 10.2% from $583.87 million a year earlier and up 1.7% from the prior quarter.
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Analysis
Snap (SNAP) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Snap's Operating Leases was $557.82 million, down 3.0% from FY2024.
- Operating Leases carries a five-year compound annual growth rate of 14.2% (FY2020 to FY2025).
- Going back by year, Operating Leases was $575.08 million in FY2024 (+5.3%), $546.28 million in FY2023 (+41.4%), $386.27 million in FY2022 (+18.7%) and $325.51 million in FY2021 (+13.3%).
- The Q2 2026 figure represents the highest quarterly Operating Leases in data going back to Q1 2019.
- Year-over-year, Operating Leases increased in six of the last eight quarters, with growth averaging 11.6%.
- The fastest year-over-year change in Operating Leases over five years came in Q3 2024 (growth of 66.8%), and the weakest in Q2 2023 (a decline of 14.3%).
- Business Quant data shows SNAP's Operating Leases at $632.5 million (Q1 2026), $557.82 million (Q4 2025) and $572.24 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn |
| 10 | Snap | 10.47 Bn | -945.18 Mn | 931.11 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 643.32 Mn |
| Mar 31, 2026 | 632.50 Mn |
| Dec 31, 2025 | 557.82 Mn |
| Sep 30, 2025 | 572.24 Mn |
| Jun 30, 2025 | 583.87 Mn |
| Mar 31, 2025 | 575.43 Mn |
| Dec 31, 2024 | 575.08 Mn |
| Sep 30, 2024 | 577.91 Mn |
| Jun 30, 2024 | 579.90 Mn |
| Mar 31, 2024 | 553.74 Mn |
| Dec 31, 2023 | 546.28 Mn |
| Sep 30, 2023 | 346.51 Mn |
| Jun 30, 2023 | 356.93 Mn |
| Mar 31, 2023 | 368.53 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 |
API Access
Snap Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=SNAP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "SNAP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=SNAP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();