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 | 30.00 Bn | 27.22 Bn | 734.60 Mn | |
| 10 | Snap | 9.14 Bn | 6.48 Bn | 931.11 Mn |
Historic Data
Download 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 | 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 |