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.
Powered by 
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 19.14% |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 15.50% |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 24.31% |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | -2,014.71% |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 1.55% | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | -8.73% |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | -16.81% |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 5.07% | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 20.55% |
| 10 | Snap | 9.26 Bn | 6.60 Bn | 931.11 Mn | -1.55% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 | -6.43 |
| Mar 31, 2025 | -6.43 |
| Mar 31, 2025 | -6.43 |
| Dec 31, 2024 | 35.96 |
| Dec 31, 2024 | 35.96 |