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.
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.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,226.97 Bn | 3,797.93 Bn | 73.85 Bn | 18.22 Bn |
| 2 | Meta Platforms | 1,534.26 Bn | 1,444.00 Bn | 49.47 Bn | 21.66 Bn |
| 3 | Taboola.com | 1,139.07 Bn | 1,138.93 Bn | 139.48 Mn | 67.16 Mn |
| 4 | Baidu | 289.47 Bn | 284.98 Bn | 1.88 Mn | 635.00 Mn |
| 5 | Spotify Technology | 102.75 Bn | 92.51 Bn | 1.75 Bn | 387.52 Mn |
| 6 | Joyy | 77.93 Bn | 77.04 Bn | 205.64 Mn | -61.54 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | - |
| 8 | Nebius | 49.20 Bn | 39.57 Bn | 295.20 Mn | 67.40 Mn |
| 9 | 30.47 Bn | 27.69 Bn | 734.60 Mn | 231.28 Mn | |
| 10 | Snap | 9.12 Bn | 6.46 Bn | 931.11 Mn | 542.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 542.09 Mn |
| Mar 31, 2026 | 239.01 Mn |
| Dec 31, 2025 | 249.28 Mn |
| Sep 30, 2025 | 453.42 Mn |
| Jun 30, 2025 | 443.33 Mn |
| Mar 31, 2025 | 257.96 Mn |
| Dec 31, 2024 | 422.94 Mn |
| Sep 30, 2024 | 273.11 Mn |
| Jun 30, 2024 | 406.20 Mn |
| Mar 31, 2024 | 276.03 Mn |
| Dec 31, 2023 | 275.81 Mn |
| Sep 30, 2023 | 494.56 Mn |
| Jun 30, 2023 | 280.60 Mn |
| Mar 31, 2023 | 455.11 Mn |
| Dec 31, 2022 | 584.94 Mn |
| Sep 30, 2022 | 270.34 Mn |
| Jun 30, 2022 | 505.04 Mn |
| Mar 31, 2022 | 455.56 Mn |
| Dec 31, 2021 | -338.51 Mn |
| Sep 30, 2021 | 412.02 Mn |