Snap (SNAP) Tax Rate (2021 - 2024)
Snap's Tax Rate came in at -1.55% for Q2 2026, up 1.47 percentage points from -3.02% a year earlier and up 2.18 percentage points from the prior quarter.
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Analysis
Snap (SNAP) Tax Rate (2021 - 2024) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Snap reported Tax Rate of 0.32%, up 6.04 percentage points year-over-year; for FY2025, it came in at -2.08%, up 1.73 percentage points from FY2024.
- Tax Rate carries a five-year change of -0.07 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was -3.81% in FY2024 (-1.64 pp), -2.17% in FY2023 (-0.10 pp), -2.07% in FY2022 (+0.80 pp) and -2.86% in FY2021 (-0.85 pp).
- The five-year range for quarterly Tax Rate is -18.97% (Q4 2025) to 36.49% (Q4 2021).
- Year-over-year, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of -2.17 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q4 2021 (a gain of 55.58 percentage points), and the weakest in Q4 2025 (a drop of 54.93 percentage points).
- Business Quant data shows SNAP's Tax Rate at -3.73% (Q1 2026), -18.97% (Q4 2025) and -0.49% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | 19.14% |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn | 15.50% |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn | 16.40% |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn | - |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | 15.38% |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | 25.63% |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | 23.83% |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | 24.31% |
| 10 | Snap | 10.47 Bn | -945.18 Mn | 931.11 Mn | - |
API Access
Snap Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=SNAP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "SNAP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=SNAP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();