Snap (SNAP) Operating Leases (2019 - 2026)

Snap (SNAP) posted quarterly Operating Leases of $665.8 million for Q1 2026, up 11.36% year-over-year from $597.9 million in Q1 2025, and up 19.36% quarter-over-quarter from $557.8 million in Q4 2025.

Snap (SNAP) Operating Leases (2019 - 2026) Analysis & Trends

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 11.36% year-over-year to $665.8 million; the TTM figure through Mar 2026 stood at $665.8 million (up 11.36% YoY), while the FY2025 annual figure 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 $356.9 million in Q2 2023.
  • The 5-year median for Operating Leases is $557.8 million (2025), against an average of $511.2 million.
  • The sharpest annual moves came in 2023 and 2024: Operating Leases decreased 14.3% in 2023, then soared 62.47% in 2024.
  • Snap's Operating Leases stood at $386.3 million in 2022, then jumped by 41.42% to $546.3 million in 2023, then advanced by 5.27% to $575.1 million in 2024, then retreated by 3.0% to $557.8 million in 2025, then rose by 19.36% to $665.8 million in 2026.
  • Business Quant data shows SNAP's Operating Leases at $665.8 million in Q1 2026, $557.8 million in Q4 2025, and $615.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Alphabet 4,165.61 Bn 3,736.57 Bn 73.85 Bn
2 Meta Platforms 1,523.46 Bn 1,433.20 Bn 49.47 Bn
3 Taboola.com 1,141.85 Bn 1,141.71 Bn 139.48 Mn
4 Baidu 288.34 Bn 283.85 Bn 1.88 Mn
5 Spotify Technology 103.44 Bn 93.20 Bn 1.75 Bn
6 Joyy 77.39 Bn 76.50 Bn 205.64 Mn
7 BILI Social International 60.58 Bn 60.58 Bn 405,933.00
8 Nebius 50.20 Bn 40.57 Bn 295.20 Mn
9 Reddit 30.00 Bn 27.22 Bn 734.60 Mn
10 Snap 9.14 Bn 6.48 Bn 931.11 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 691.14 Mn
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 597.93 Mn
Dec 31, 2024 575.08 Mn
Sep 30, 2024 577.91 Mn
Jun 30, 2024 579.90 Mn
Mar 31, 2024 590.39 Mn
Dec 31, 2023 546.28 Mn
Sep 30, 2023 408.62 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