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.
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn |
| 10 | Snap | 9.26 Bn | 6.60 Bn | 931.11 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 | 616.02 Mn |
| Mar 31, 2025 | 597.93 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 | 408.62 Mn |
| Jun 30, 2023 | 414.82 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 |