Snap (SNAP) Operating Leases (2019 - 2026)

Snap's Operating Leases history runs 8 years deep, the most recent figure standing at $665.8 million for Q1 2026.

• In Q1 2026, Operating Leases rose 15.71% year-over-year to $665.8 million; the TTM figure through Mar 2026 stood at $665.8 million (up 15.71% YoY), while the FY2025 annual figure was $557.8 million, down 3.0% from the prior year.
• Operating Leases was $665.8 million for Q1 2026 at Snap, up from $557.8 million in the prior quarter.
• In the past five years, Operating Leases ranged from a high of $665.8 million in Q1 2026 to a low of $346.5 million in Q3 2023.
• Historically, Operating Leases has averaged $508.7 million across 5 years, with a median of $557.8 million in 2025.
• The sharpest annual moves came in 2023 and 2024: Operating Leases slipped 14.3% in 2023, then jumped 72.93% in 2024.
• A 5-year view of Operating Leases shows it stood at $386.3 million in 2022, then surged by 41.42% to $546.3 million in 2023, then climbed by 5.27% to $575.1 million in 2024, then decreased by 3.0% to $557.8 million in 2025, then gained 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.