Snap (SNAP) Research & Development (2016 - 2026)
Snap's quarterly Research & Development came in at $478.3 million in Q1 2026, up 12.76% year-on-year from $424.2 million in Q1 2025, and up 1.19% quarter-over-quarter from $472.7 million in Q4 2025.
Snap has reported Research & Development for 11 years, with the latest figure at $478.3 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 12.76% year-over-year to $478.3 million; the trailing twelve-month figure through Mar 2026 stood at $1.8 billion (up 10.9% YoY), and the FY2025 full-year result was $1.8 billion, up 6.02% from the prior year.
- Research & Development for Q1 2026 stood at $478.3 million, up from $472.7 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 $469.7 million, with a median of $455.6 million recorded in 2022.
- Year-over-year, Research & Development surged 36.95% in 2022 and declined 17.34% in 2023.
- Tracing SNAP's Research & Development over 5 years: 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 1.19% to $478.3 million in 2026.
- The last three Research & Development figures came in at $478.3 million (Q1 2026), $472.7 million (Q4 2025), and $453.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,516.07 Bn | 4,300.46 Bn | 102.29 Bn | 17.03 Bn |
| 2 | Meta Platforms | 1,527.96 Bn | 1,446.78 Bn | 46.09 Bn | 17.70 Bn |
| 3 | Spotify Technology | 122.61 Bn | 112.37 Bn | 1.75 Bn | 387.52 Mn |
| 4 | 33.97 Bn | 31.20 Bn | 511.94 Mn | 207.25 Mn | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | 67.40 Mn |
| 6 | 13.66 Bn | 12.37 Bn | 768.96 Mn | 380.79 Mn | |
| 7 | Kanzhun | 13.03 Bn | 10.93 Bn | 255.62 Bn | -61.44 Bn |
| 8 | Snap | 9.94 Bn | 7.12 Bn | 1.29 Bn | 478.30 Mn |
| 9 | Match | 8.60 Bn | 7.57 Bn | 653.28 Mn | 116.81 Mn |
| 10 | Zillow | 8.57 Bn | 7.79 Bn | 519.00 Mn | 150.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 370.67 Mn |
| Mar 31, 2021 | 348.58 Mn |
| Dec 31, 2020 | 318.45 Mn |
| Sep 30, 2020 | 283.64 Mn |
| Jun 30, 2020 | 260.86 Mn |
| Mar 31, 2020 | 238.61 Mn |
| Dec 31, 2019 | 219.53 Mn |
| Sep 30, 2019 | 211.60 Mn |
| Jun 30, 2019 | 236.20 Mn |
| Mar 31, 2019 | 216.19 Mn |
| Dec 31, 2018 | 164.44 Mn |
| Sep 30, 2018 | 203.51 Mn |
| Jun 30, 2018 | 203.25 Mn |
| Mar 31, 2018 | 200.99 Mn |
| Dec 31, 2017 | 233.84 Mn |
| Sep 30, 2017 | 239.44 Mn |
| Jun 30, 2017 | 255.74 Mn |
| Mar 31, 2017 | 805.85 Mn |
| Dec 31, 2016 | 64.96 Mn |
| Sep 30, 2016 | 54.56 Mn |
| Jun 30, 2016 | 36.05 Mn |
| Mar 31, 2016 | 28.10 Mn |