Snap (SNAP) Tax Provisions (2016 - 2026)
Snap (SNAP) posted Tax Provisions of $2.5 million for Q2 2026, down 21.88% on a QoQ basis from $3.2 million in Q1 2026, and down 67.53% year-over-year from $7.7 million in Q2 2025.
Analysis
Snap (SNAP) Tax Provisions (2016 - 2026) Analysis & Trends
Snap has reported Tax Provisions for 11 years, with the latest figure at $2.5 million in Q2 2026.
- On a quarterly basis, Tax Provisions fell 67.53% year-over-year to $2.5 million in Q2 2026; TTM through Jun 2026 was -$992000.0, a 103.35% decrease from a year earlier, with the FY2025 full-year figure at $9.4 million, down 63.32% from the prior year.
- Tax Provisions was $2.5 million for Q2 2026 at Snap, down from $3.2 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.
- Average Tax Provisions over 5 years is $5.4 million, with a median of $6.3 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2025: Tax Provisions soared 824.1% in 2022, then tumbled 240.39% in 2025.
- Over 5 years, Tax Provisions stood at $4.2 million in 2022, then fell by 21.51% to $3.3 million in 2023, then soared by 57.27% to $5.1 million in 2024, then sank by 240.39% to -$7.2 million in 2025, then soared by 134.71% to $2.5 million in 2026.
- The last three Tax Provisions figures came in at $2.5 million (Q2 2026), $3.2 million (Q1 2026), and -$7.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Meta Platforms | 1,696.33 Bn | 1,606.07 Bn | 49.47 Bn | 2.91 Bn |
| 2 | 29.01 Bn | 26.23 Bn | 734.60 Mn | 3.99 Mn | |
| 3 | Bilibili | 12.48 Bn | 10.34 Bn | 433.97 Mn | -4.76 Mn |
| 4 | 10.51 Bn | 9.24 Bn | 922.30 Mn | -2.49 Mn | |
| 5 | Match | 9.93 Bn | 9.35 Bn | 648.84 Mn | 44.10 Mn |
| 6 | Snap | 9.56 Bn | 6.90 Bn | 931.11 Mn | 2.50 Mn |
| 7 | Rum | 5.38 Bn | 5.26 Bn | - | 184,149.00 |
| 8 | Sound | 4.72 Bn | 4.61 Bn | - | - |
| 9 | Joyy | 4.14 Bn | 3.82 Bn | 201.60 Mn | -9.85 Mn |
| 10 | Grindr | 2.68 Bn | 2.67 Bn | 103.57 Mn | 5.15 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 |