Snap SNAP
NYSE SNAP
$5.55 +0.12 (+2.21%)
As of: Aug 31, 2026 · 3:59 PM EDT

Snap (SNAP) Research & Development (2016 - 2026)

Snap (SNAP) posted quarterly Research & Development of $239.0 million for Q1 2026, down 7.34% year-over-year from $258.0 million in Q1 2025, and down 4.12% quarter-over-quarter from $249.3 million in Q4 2025.

Analysis

Snap (SNAP) Research & Development (2016 - 2026) Analysis & Trends

Snap's Research & Development history runs 11 years deep, the most recent figure standing at $239.0 million for Q1 2026.

  • In Q1 2026, Research & Development fell 7.34% year-over-year to $239.0 million; the TTM figure through Mar 2026 stood at $1.4 billion (up 1.83% YoY), while the FY2025 annual figure was $1.0 billion, down 39.63% from the prior year.
  • Research & Development for Q1 2026 stood at $239.0 million, down from $249.3 million in the prior quarter.
  • The five-year high for Research & Development was $584.9 million in Q4 2022, with the low at $239.0 million in Q1 2026.
  • The 5-year median for Research & Development is $406.2 million (2024), against an average of $373.1 million.
  • The sharpest annual moves came in 2022 and 2023: Research & Development soared 272.8% in 2022, then plunged 52.85% in 2023.
  • Snap's Research & Development stood at $584.9 million in 2022, then slumped by 52.85% to $275.8 million in 2023, then surged by 53.34% to $422.9 million in 2024, then sank by 41.06% to $249.3 million in 2025, then slipped by 4.12% to $239.0 million in 2026.
  • Business Quant data shows SNAP's Research & Development at $239.0 million in Q1 2026, $249.3 million in Q4 2025, and $453.4 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Alphabet 4,083.83 Bn 3,654.79 Bn 73.85 Bn 18.22 Bn
2 Meta Platforms 1,456.07 Bn 1,365.81 Bn 49.47 Bn 21.66 Bn
3 Spotify Technology 111.71 Bn 104.79 Bn 1.86 Bn 468.43 Mn
4 Nebius 50.03 Bn 40.93 Bn 448.70 Mn 191.00 Mn
5 Reddit 28.44 Bn 25.65 Bn 734.60 Mn 231.28 Mn
6 Bilibili 13.59 Bn 11.45 Bn 433.97 Mn -148.13 Mn
7 Tencent Music Entertainment 12.71 Bn 9.21 Bn 582.00 Mn -35.00 Mn
8 Pinterest 12.21 Bn 10.93 Bn 922.30 Mn 451.01 Mn
9 Match 9.45 Bn 8.86 Bn 648.84 Mn 158.25 Mn
10 Snap 9.26 Bn 6.60 Bn 931.11 Mn 542.09 Mn
Historic Data

Historic Data

Download Data
DateValue
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