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 | 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 | 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
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 |