Snap (SNAP) Tax Rate (2016 - 2026)
Snap (SNAP) recorded quarterly Tax Rate of 3.73% in Q1 2026, up 80.46% quarter-over-quarter from 19.1% in Q4 2025, and up 270.0% on a YoY basis from 1.01% in Q1 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 270.0% year-over-year to 3.73%; the TTM figure through Mar 2026 stood at 1.02% (up 433.0% YoY), while the FY2025 annual figure was 2.07%, up 174.0% from the prior year.
- Tax Rate was 3.73% for Q1 2026 at Snap, up from 19.1% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 35.75% in Q4 2024 to a low of 19.1% in Q4 2025.
- Historically, Tax Rate has averaged 1.4% across 5 years, with a median of 2.32% in 2024.
- The sharpest annual moves came in 2024 and 2025: Tax Rate surged 3708 bps in 2024, then sank 5485 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 1.46% in 2022, then grew by 9 bps to 1.33% in 2023, then soared by 2785 bps to 35.75% in 2024, then sank by 153 bps to 19.1% in 2025, then soared by 80 bps to 3.73% in 2026.
- The last three Tax Rate figures came in at 3.73% (Q1 2026), 19.1% (Q4 2025), and 0.49% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 2,430,078.11 Bn | 2,430,078.11 Bn | 295.20 Mn | -0.94 |
| 2 | Alphabet | 4,448.32 Bn | 4,232.70 Bn | 102.29 Bn | 19.16 |
| 3 | Meta Platforms | 1,465.06 Bn | 1,383.88 Bn | 46.09 Bn | -23.08 |
| 4 | Spotify Technology | 113.19 Bn | 102.95 Bn | 1.75 Bn | - |
| 5 | 33.56 Bn | 30.79 Bn | 511.94 Mn | 0.85 | |
| 6 | 12.93 Bn | 11.63 Bn | 768.96 Mn | -15.89 | |
| 7 | Kanzhun | 12.77 Bn | 10.67 Bn | 255.62 Bn | -20.98 |
| 8 | Match | 8.28 Bn | 7.26 Bn | 653.28 Mn | 16.81 |
| 9 | Snap | 7.91 Bn | 5.08 Bn | 1.29 Bn | -3.73 |
| 10 | Zillow | 7.56 Bn | 6.78 Bn | 519.00 Mn | 4.17 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.73% |
| Mar 31, 2026 | -3.73% |
| Dec 31, 2025 | -19.10% |
| Dec 31, 2025 | -19.10% |
| Sep 30, 2025 | -0.49% |
| Sep 30, 2025 | -0.49% |
| Jun 30, 2025 | -3.02% |
| Jun 30, 2025 | -3.02% |
| Mar 31, 2025 | -6.43% |
| Mar 31, 2025 | -6.43% |
| Dec 31, 2024 | 35.75% |
| Dec 31, 2024 | 35.75% |
| Sep 30, 2024 | -5.73% |
| Sep 30, 2024 | -5.73% |
| Jun 30, 2024 | -2.14% |
| Jun 30, 2024 | -2.14% |
| Mar 31, 2024 | -2.32% |
| Mar 31, 2024 | -2.32% |
| Dec 31, 2023 | -1.33% |
| Dec 31, 2023 | -1.33% |