Snap (SNAP) Tax Rate (2016 - 2026)
Snap's quarterly Tax Rate came in at 3.73% in Q1 2026, up 270.0% year-on-year from 1.01% in Q1 2025, and up 80.46% quarter-over-quarter from 19.1% in Q4 2025.
Snap has reported Tax Rate for 11 years, with the latest figure at 3.73% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 270.0% year-over-year to 3.73%; the trailing twelve-month figure through Mar 2026 stood at 1.02% (up 433.0% YoY), and the FY2025 full-year result was 2.07%, up 174.0% from the prior year.
- Tax Rate for Q1 2026 stood at 3.73%, up from 19.1% in the prior quarter.
- The five-year high for Tax Rate was 35.75% in Q4 2024, with the low at 19.1% in Q4 2025.
- Average Tax Rate over 5 years is 1.4%, with a median of 2.32% recorded in 2024.
- Year-over-year, Tax Rate jumped 3708 bps in 2024 and sank 5485 bps in 2025.
- Tracing SNAP's Tax Rate over 5 years: stood at 1.46% in 2022, then increased by 9 bps to 1.33% in 2023, then jumped by 2785 bps to 35.75% in 2024, then plunged by 153 bps to 19.1% in 2025, then jumped 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,516.07 Bn | 4,300.46 Bn | 102.29 Bn | 19.16 |
| 2 | Meta Platforms | 1,527.96 Bn | 1,446.78 Bn | 46.09 Bn | -23.08 |
| 3 | Spotify Technology | 122.61 Bn | 112.37 Bn | 1.75 Bn | - |
| 4 | 33.97 Bn | 31.20 Bn | 511.94 Mn | 0.85 | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | -0.94 |
| 6 | 13.66 Bn | 12.37 Bn | 768.96 Mn | -15.89 | |
| 7 | Kanzhun | 13.03 Bn | 10.93 Bn | 255.62 Bn | -20.98 |
| 8 | Snap | 9.94 Bn | 7.12 Bn | 1.29 Bn | -3.73 |
| 9 | Match | 8.60 Bn | 7.57 Bn | 653.28 Mn | 16.81 |
| 10 | Zillow | 8.57 Bn | 7.79 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 |
| Sep 30, 2023 | -1.60 |
| Sep 30, 2023 | -1.60 |
| Jun 30, 2023 | -3.31 |
| Jun 30, 2023 | -3.31 |
| Mar 31, 2023 | -2.11 |
| Mar 31, 2023 | -2.11 |
| Dec 31, 2022 | -1.46 |
| Dec 31, 2022 | -1.46 |
| Sep 30, 2022 | -2.64 |
| Sep 30, 2022 | -2.64 |
| Jun 30, 2022 | -1.69 |
| Jun 30, 2022 | -1.69 |
| Mar 31, 2022 | -2.42 |
| Mar 31, 2022 | -2.42 |
| Dec 31, 2021 | 36.49 |
| Dec 31, 2021 | 36.49 |
| Sep 30, 2021 | -1.40 |
| Sep 30, 2021 | -1.40 |
| Jun 30, 2021 | 1.22 |
| Jun 30, 2021 | 1.22 |
| Mar 31, 2021 | -0.50 |
| Mar 31, 2021 | -0.50 |
| Dec 31, 2020 | -19.09 |
| Dec 31, 2020 | -19.09 |
| Sep 30, 2020 | -0.45 |
| Sep 30, 2020 | -0.45 |
| Jun 30, 2020 | 0.31 |
| Jun 30, 2020 | 0.31 |
| Mar 31, 2020 | -0.22 |
| Mar 31, 2020 | -0.22 |
| Dec 31, 2019 | 0.06 |
| Dec 31, 2019 | 0.06 |
| Sep 30, 2019 | 0.57 |
| Sep 30, 2019 | 0.57 |
| Jun 30, 2019 | -0.42 |
| Jun 30, 2019 | -0.42 |
| Mar 31, 2019 | -0.10 |
| Mar 31, 2019 | -0.10 |
| Dec 31, 2018 | 0.03 |
| Dec 31, 2018 | 0.03 |
| Sep 30, 2018 | -0.08 |
| Sep 30, 2018 | -0.08 |
| Jun 30, 2018 | -0.31 |
| Jun 30, 2018 | -0.31 |
| Mar 31, 2018 | -0.41 |
| Mar 31, 2018 | -0.41 |
| Dec 31, 2017 | -0.12 |
| Dec 31, 2017 | -0.12 |
| Sep 30, 2017 | 2.70 |
| Sep 30, 2017 | 2.70 |
| Jun 30, 2017 | -0.05 |
| Jun 30, 2017 | -0.05 |
| Mar 31, 2017 | 0.14 |
| Mar 31, 2017 | 0.14 |
| Dec 31, 2016 | 2.19 |
| Dec 31, 2016 | 2.19 |
| Sep 30, 2016 | 5.24 |
| Sep 30, 2016 | 5.24 |
| Jun 30, 2016 | 0.03 |
| Jun 30, 2016 | 0.03 |
| Mar 31, 2016 | -0.12 |
| Mar 31, 2016 | -0.12 |