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

Snap (SNAP) recorded quarterly Research & Development of $478.3 million in Q1 2026, up 1.19% quarter-over-quarter from $472.7 million in Q4 2025, and up 12.76% on a YoY basis from $424.2 million in Q1 2025.

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

Snap's Research & Development history runs 11 years deep, the most recent figure standing at $478.3 million for Q1 2026.

  • In Q1 2026, Research & Development rose 12.76% year-over-year to $478.3 million; the TTM figure through Mar 2026 stood at $1.8 billion (up 10.9% YoY), while the FY2025 annual figure was $1.8 billion, up 6.02% from the prior year.
  • Research & Development was $478.3 million for Q1 2026 at Snap, up from $472.7 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $584.9 million in Q4 2022 to a low of $406.2 million in Q2 2024.
  • Historically, Research & Development has averaged $469.7 million across 5 years, with a median of $455.6 million in 2022.
  • The sharpest annual moves came in 2022 and 2023: Research & Development soared 36.95% in 2022, then slipped 17.34% in 2023.
  • A 5-year view of Research & Development shows it stood at $584.9 million in 2022, then retreated by 17.34% to $483.5 million in 2023, then retreated by 12.53% to $422.9 million in 2024, then advanced by 11.76% to $472.7 million in 2025, then rose 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 Nebius 2,430,078.11 Bn 2,430,078.11 Bn 295.20 Mn 67.40 Mn
2 Alphabet 4,448.32 Bn 4,232.70 Bn 102.29 Bn 17.03 Bn
3 Meta Platforms 1,465.06 Bn 1,383.88 Bn 46.09 Bn 17.70 Bn
4 Spotify Technology 113.19 Bn 102.95 Bn 1.75 Bn 387.52 Mn
5 Reddit 33.56 Bn 30.79 Bn 511.94 Mn 207.25 Mn
6 Pinterest 12.93 Bn 11.63 Bn 768.96 Mn 380.79 Mn
7 Kanzhun 12.77 Bn 10.67 Bn 255.62 Bn -61.44 Bn
8 Match 8.28 Bn 7.26 Bn 653.28 Mn 116.81 Mn
9 Snap 7.91 Bn 5.08 Bn 1.29 Bn 478.30 Mn
10 Zillow 7.56 Bn 6.78 Bn 519.00 Mn 150.00 Mn

Historic Data

Download Data
DateValue
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