Snap Inc (SNAP) Tax Rate (2016 - 2026)

Snap (SNAP) has reported Tax Rate for 11 consecutive years, with 3.73% the latest figure, recorded in 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 came in at 3.73% for Q1 2026 at Snap, 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.
• Across the five-year window, Tax Rate surged 3708 bps in 2024 and slumped 5485 bps in 2025, its largest moves.
• Year by year, Tax Rate stood at 1.46% in 2022, then gained by 9 bps to 1.33% in 2023, then soared by 2785 bps to 35.75% in 2024, then slumped by 153 bps to 19.1% in 2025, then soared by 80 bps to 3.73% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 3.73%, 19.1%, and 0.49% for Q1 2026, Q4 2025, and Q3 2025 respectively.