Snap (SNAP) Tax Provisions (2016 - 2026)
Snap (SNAP) posted quarterly Tax Provisions of $3.2 million for Q1 2026, down 61.9% year-over-year from $8.4 million in Q1 2025, and up 144.44% quarter-over-quarter from -$7.2 million in Q4 2025.
Snap (SNAP) Tax Provisions (2016 - 2026) Analysis & Trends
Snap's Tax Provisions history runs 11 years deep, the most recent figure standing at $3.2 million for Q1 2026.
- In Q1 2026, Tax Provisions fell 61.9% year-over-year to $3.2 million; the TTM figure through Mar 2026 stood at $4.2 million (down 84.44% YoY), while the FY2025 annual figure was $9.4 million, down 63.32% from the prior year.
- Tax Provisions for Q1 2026 stood at $3.2 million, up from -$7.2 million in the prior quarter.
- The five-year high for Tax Provisions was $12.1 million in Q2 2023, with the low at -$7.2 million in Q4 2025.
- The 5-year median for Tax Provisions is $6.8 million (2023), against an average of $5.6 million.
- The sharpest annual moves came in 2022 and 2025: Tax Provisions soared 820.0% in 2022, then slumped 240.35% in 2025.
- Snap's Tax Provisions stood at $4.2 million in 2022, then dropped by 21.51% to $3.3 million in 2023, then jumped by 57.27% to $5.1 million in 2024, then slumped by 240.35% to -$7.2 million in 2025, then soared by 144.44% to $3.2 million in 2026.
- Business Quant data shows SNAP's Tax Provisions at $3.2 million in Q1 2026, -$7.2 million in Q4 2025, and $510000.0 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,228.49 Bn | 3,799.45 Bn | 73.85 Bn | 26.56 Bn |
| 2 | Meta Platforms | 1,535.92 Bn | 1,445.66 Bn | 49.47 Bn | 2.91 Bn |
| 3 | Taboola.com | 1,134.89 Bn | 1,134.76 Bn | 139.48 Mn | 2.98 Mn |
| 4 | Baidu | 289.51 Bn | 285.02 Bn | 1.88 Mn | 76.00 Mn |
| 5 | Spotify Technology | 102.68 Bn | 92.45 Bn | 1.75 Bn | 252.88 Mn |
| 6 | Joyy | 77.91 Bn | 77.02 Bn | 205.64 Mn | -1.37 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 21,469.00 |
| 8 | Nebius | 49.37 Bn | 39.74 Bn | 295.20 Mn | - |
| 9 | 30.48 Bn | 27.69 Bn | 734.60 Mn | 3.99 Mn | |
| 10 | Snap | 9.10 Bn | 6.44 Bn | 931.11 Mn | 2.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.50 Mn |
| Mar 31, 2026 | 3.20 Mn |
| Dec 31, 2025 | -7.20 Mn |
| Sep 30, 2025 | 510,000.00 |
| Jun 30, 2025 | 7.70 Mn |
| Mar 31, 2025 | 8.40 Mn |
| Dec 31, 2024 | 5.13 Mn |
| Sep 30, 2024 | 8.33 Mn |
| Jun 30, 2024 | 5.20 Mn |
| Mar 31, 2024 | 6.90 Mn |
| Dec 31, 2023 | 3.26 Mn |
| Sep 30, 2023 | 5.85 Mn |
| Jun 30, 2023 | 12.10 Mn |
| Mar 31, 2023 | 6.85 Mn |
| Dec 31, 2022 | 4.16 Mn |
| Sep 30, 2022 | 9.20 Mn |
| Jun 30, 2022 | 7.00 Mn |
| Mar 31, 2022 | 8.50 Mn |
| Dec 31, 2021 | 13.03 Mn |
| Sep 30, 2021 | 1.00 Mn |