Snap (SNAP) Research & Development (2016 - 2026)
Snap (SNAP) posted Research & Development of $542.1 million for Q2 2026, up 13.34% on a QoQ basis from $478.3 million in Q1 2026, and up 22.28% year-over-year from $443.3 million in Q2 2025.
Analysis
Snap (SNAP) Research & Development (2016 - 2026) Analysis & Trends
Snap has reported Research & Development for 11 years, with the latest figure at $542.1 million in Q2 2026.
- On a quarterly basis, Research & Development rose 22.28% year-over-year to $542.1 million in Q2 2026; TTM through Jun 2026 was $1.9 billion, a 14.28% increase from a year earlier, with the FY2025 full-year figure at $1.8 billion, up 6.02% from the prior year.
- Research & Development was $542.1 million for Q2 2026 at Snap, up from $478.3 million in the prior quarter.
- The five-year high for Research & Development was $584.9 million in Q4 2022, with the low at $406.2 million in Q2 2024.
- Average Research & Development over 5 years is $473.7 million, with a median of $464.1 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2023: Research & Development jumped 36.95% in 2022, then dropped 17.34% in 2023.
- Over 5 years, Research & Development stood at $584.9 million in 2022, then decreased by 17.34% to $483.5 million in 2023, then decreased by 12.53% to $422.9 million in 2024, then climbed by 11.76% to $472.7 million in 2025, then gained by 14.68% to $542.1 million in 2026.
- The last three Research & Development figures came in at $542.1 million (Q2 2026), $478.3 million (Q1 2026), and $472.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Meta Platforms | 1,696.33 Bn | 1,606.07 Bn | 49.47 Bn | 21.66 Bn |
| 2 | 29.01 Bn | 26.23 Bn | 734.60 Mn | 231.28 Mn | |
| 3 | Bilibili | 12.48 Bn | 10.34 Bn | 433.97 Mn | -148.13 Mn |
| 4 | 10.51 Bn | 9.24 Bn | 922.30 Mn | 451.01 Mn | |
| 5 | Match | 9.93 Bn | 9.35 Bn | 648.84 Mn | 158.25 Mn |
| 6 | Snap | 9.56 Bn | 6.90 Bn | 931.11 Mn | 542.09 Mn |
| 7 | Rum | 5.38 Bn | 5.26 Bn | - | 10.38 Mn |
| 8 | Sound | 4.72 Bn | 4.61 Bn | - | - |
| 9 | Joyy | 4.14 Bn | 3.82 Bn | 201.60 Mn | -53.02 Mn |
| 10 | Grindr | 2.68 Bn | 2.67 Bn | 103.57 Mn | 20.31 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 542.09 Mn |
| Mar 31, 2026 | 478.30 Mn |
| Dec 31, 2025 | 472.69 Mn |
| Sep 30, 2025 | 453.42 Mn |
| Jun 30, 2025 | 443.33 Mn |
| Mar 31, 2025 | 424.17 Mn |
| Dec 31, 2024 | 422.94 Mn |
| Sep 30, 2024 | 412.79 Mn |
| Jun 30, 2024 | 406.20 Mn |
| Mar 31, 2024 | 449.76 Mn |
| Dec 31, 2023 | 483.53 Mn |
| Sep 30, 2023 | 494.56 Mn |
| Jun 30, 2023 | 477.66 Mn |
| Mar 31, 2023 | 455.11 Mn |
| Dec 31, 2022 | 584.94 Mn |
| Sep 30, 2022 | 564.26 Mn |
| Jun 30, 2022 | 505.04 Mn |
| Mar 31, 2022 | 455.56 Mn |
| Dec 31, 2021 | 434.20 Mn |
| Sep 30, 2021 | 412.02 Mn |