Snap (SNAP) Tax Provisions (2016 - 2026)
Snap's Tax Provisions came in at $2.5 million for Q2 2026, down 67.5% from $7.7 million a year earlier and down 21.9% from the prior quarter.
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Analysis
Snap (SNAP) Tax Provisions (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Snap reported Tax Provisions of -$992,000; for FY2025, it came in at $9.4 million, down 63.3% from FY2024.
- Tax Provisions has declined in each of the last three years, with a five-year compound annual growth rate of -12.8% (FY2020 to FY2025).
- Going back by year, Tax Provisions was $25.63 million in FY2024 (-8.7%), $28.06 million in FY2023 (-3.1%), $28.96 million in FY2022 (+113.2%) and $13.58 million in FY2021 (-27.2%).
- The five-year range for quarterly Tax Provisions is -$7.2 million (Q4 2025) to $12.98 million (Q4 2021).
- Year-over-year, Tax Provisions increased in four of the last seven quarters, with an average decline of 7.7%.
- The fastest year-over-year change in Tax Provisions over five years came in Q3 2022 (growth of 824.1%), and the weakest in Q3 2025 (a decline of 93.9%).
- Business Quant data shows SNAP's Tax Provisions at $3.2 million (Q1 2026), -$7.2 million (Q4 2025) and $510,000 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | 26.56 Bn |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn | 2.91 Bn |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn | 667.17 Mn |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn | -1.89 Bn |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | 273.00 Mn |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | 840.00 Mn |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | 610.00 Mn |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | -898.00 Mn |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | 203.41 Mn |
| 10 | Snap | 10.47 Bn | -945.18 Mn | 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 |
API Access
Snap Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=SNAP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "SNAP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=SNAP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();