Snap (SNAP) Tax Rate (2016 - 2026)
Snap (SNAP) posted Tax Rate of 1.55% for Q2 2026, up 58.51% on a QoQ basis from 3.73% in Q1 2026, and up 147.0% year-over-year from 0.63% in Q2 2025.
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Analysis
Snap (SNAP) Tax Rate (2016 - 2026) Analysis & Trends
Snap has reported Tax Rate for 11 years, with the latest figure at 1.55% in Q2 2026.
- On a quarterly basis, Tax Rate rose 147.0% year-over-year to 1.55% in Q2 2026; TTM through Jun 2026 was 0.32%, a 604.0% increase from a year earlier, with the FY2025 full-year figure at 2.08%, up 173.0% from the prior year.
- Tax Rate was 1.55% for Q2 2026 at Snap, up from 3.73% 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.
- Average Tax Rate over 5 years is 1.39%, with a median of 2.23% recorded in 2024.
- The sharpest annual moves came in 2024 and 2025: Tax Rate soared 3729 bps in 2024, then tumbled 5493 bps in 2025.
- Over 5 years, Tax Rate stood at 1.46% in 2022, then increased by 9 bps to 1.33% in 2023, then jumped by 2801 bps to 35.96% in 2024, then plunged by 153 bps to 18.97% in 2025, then surged by 92 bps to 1.55% in 2026.
- The last three Tax Rate figures came in at 1.55% (Q2 2026), 3.73% (Q1 2026), and 18.97% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Meta Platforms | 1,696.33 Bn | 1,606.07 Bn | 49.47 Bn | 15.50% |
| 2 | 29.01 Bn | 26.23 Bn | 734.60 Mn | 1.55% | |
| 3 | Bilibili | 12.48 Bn | 10.34 Bn | 433.97 Mn | -8.73% |
| 4 | 10.51 Bn | 9.24 Bn | 922.30 Mn | 5.07% | |
| 5 | Match | 9.93 Bn | 9.35 Bn | 648.84 Mn | 20.55% |
| 6 | Snap | 9.56 Bn | 6.90 Bn | 931.11 Mn | -1.55% |
| 7 | Rum | 5.38 Bn | 5.26 Bn | - | -0.23% |
| 8 | Sound | 4.72 Bn | 4.61 Bn | - | - |
| 9 | Joyy | 4.14 Bn | 3.82 Bn | 201.60 Mn | -24.19% |
| 10 | Grindr | 2.68 Bn | 2.67 Bn | 103.57 Mn | 22.49% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.55% |
| Mar 31, 2026 | -3.73% |
| Dec 31, 2025 | -18.97% |
| Sep 30, 2025 | -0.49% |
| Jun 30, 2025 | -3.02% |
| Mar 31, 2025 | -6.43% |
| Dec 31, 2024 | 35.96% |
| Sep 30, 2024 | -5.75% |
| Jun 30, 2024 | -2.14% |
| Mar 31, 2024 | -2.32% |
| Dec 31, 2023 | -1.33% |
| Sep 30, 2023 | -1.61% |
| Jun 30, 2023 | -3.31% |
| Mar 31, 2023 | -2.13% |
| Dec 31, 2022 | -1.46% |
| Sep 30, 2022 | -2.64% |
| Jun 30, 2022 | -1.69% |
| Mar 31, 2022 | -2.42% |
| Dec 31, 2021 | 36.49% |
| Sep 30, 2021 | -1.41% |