Snap (SNAP) Tax Rate (2016 - 2026)

Snap (SNAP) posted quarterly Tax Rate of 3.73% for Q1 2026, up 267.0% year-over-year from 1.02% in Q1 2025, and up 80.33% quarter-over-quarter from 18.97% in Q4 2025.

Snap (SNAP) Tax Rate (2016 - 2026) Analysis & Trends

Snap's Tax Rate history runs 11 years deep, the most recent figure standing at 3.73% for Q1 2026.

  • In Q1 2026, Tax Rate rose 267.0% year-over-year to 3.73%; the TTM figure through Mar 2026 stood at 1.04% (up 432.0% YoY), while the FY2025 annual figure was 2.08%, up 173.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 3.73%, up from 18.97% in the prior quarter.
  • The five-year high for Tax Rate was 35.96% in Q4 2024, with the low at 18.97% in Q4 2025.
  • The 5-year median for Tax Rate is 2.31% (2024), against an average of 1.38%.
  • The sharpest annual moves came in 2024 and 2025: Tax Rate jumped 3729 bps in 2024, then tumbled 5493 bps in 2025.
  • Snap's Tax Rate stood at 1.46% in 2022, then climbed by 9 bps to 1.33% in 2023, then surged by 2801 bps to 35.96% in 2024, then sank by 153 bps to 18.97% in 2025, then soared by 80 bps to 3.73% in 2026.
  • Business Quant data shows SNAP's Tax Rate at 3.73% in Q1 2026, 18.97% in Q4 2025, and 0.49% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Alphabet 4,165.61 Bn 3,736.57 Bn 73.85 Bn 19.14%
2 Meta Platforms 1,523.46 Bn 1,433.20 Bn 49.47 Bn 15.50%
3 Taboola.com 1,141.85 Bn 1,141.71 Bn 139.48 Mn 40.80%
4 Baidu 288.34 Bn 283.85 Bn 1.88 Mn 13.72%
5 Spotify Technology 103.44 Bn 93.20 Bn 1.75 Bn 23.05%
6 Joyy 77.39 Bn 76.50 Bn 205.64 Mn -3.36%
7 BILI Social International 60.58 Bn 60.58 Bn 405,933.00 21.00%
8 Nebius 50.20 Bn 40.57 Bn 295.20 Mn -
9 Reddit 30.00 Bn 27.22 Bn 734.60 Mn 1.55%
10 Snap 9.14 Bn 6.48 Bn 931.11 Mn -1.55%

Historic Data

Download Data
DateValue
Jun 30, 2026 -1.55%
Jun 30, 2026 -1.55%
Jun 30, 2026 -1.55%
Mar 31, 2026 -3.73%
Mar 31, 2026 -3.73%
Mar 31, 2026 -3.73%
Dec 31, 2025 -18.97%
Dec 31, 2025 -18.97%
Dec 31, 2025 -18.97%
Sep 30, 2025 -0.49%
Sep 30, 2025 -0.49%
Sep 30, 2025 -0.49%
Jun 30, 2025 -3.02%
Jun 30, 2025 -3.02%
Jun 30, 2025 -3.02%
Mar 31, 2025 -6.40%
Mar 31, 2025 -6.40%
Mar 31, 2025 -6.40%
Dec 31, 2024 35.96%
Dec 31, 2024 35.96%