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.
Analysis
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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 26.56 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 2.91 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 203.41 Mn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 13.70 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 3.99 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | -4.76 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | -76.00 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | -2.49 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 44.10 Mn |
| 10 | Snap | 9.26 Bn | 6.60 Bn | 931.11 Mn | 2.50 Mn |
Historic Data
Download Data
Historic 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 | 8.43 Mn |
| Dec 31, 2024 | 5.13 Mn |
| Sep 30, 2024 | 8.33 Mn |
| Jun 30, 2024 | 5.20 Mn |
| Mar 31, 2024 | 6.93 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 | 9.24 Mn |
| Jun 30, 2022 | 7.00 Mn |
| Mar 31, 2022 | 8.51 Mn |
| Dec 31, 2021 | 12.98 Mn |
| Sep 30, 2021 | 1.00 Mn |