Operating Income
Snap-on Operating Income decreased by 6.1% to $318.80M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.7%, from $313.40M to $318.80M. Over 4 years (FY 2021 to FY 2025), Operating Income shows an upward trend with a 4.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Higher operating income indicates strong operational efficiency and pricing power, while a decline suggests rising costs or weakening demand.
Detailed definition
Operating income is the profit realized from a company's core business operations after deducting all operating expenses...
Peer comparison
A standard benchmark for operational performance; peers are compared based on operating margin percentages.
operating_incomeHistorical Data
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $266.20M | $286.00M | $271.90M | $299.40M | $293.50M | $311.90M | $289.90M | $311.90M | $326.10M | $343.90M | $314.60M | $325.80M | $339.20M | $350.50M | $324.10M | $331.90M | $313.40M | $327.30M | $347.40M | $339.60M | $318.80M |
| QoQ Change | — | +7.4% | -4.9% | +10.1% | -2.0% | +6.3% | -7.1% | +7.6% | +4.6% | +5.5% | -8.5% | +3.6% | +4.1% | +3.3% | -7.5% | +2.4% | -5.6% | +4.4% | +6.1% | -2.2% | -6.1% |
| YoY Change | — | — | — | — | +10.3% | +9.1% | +6.6% | +4.2% | +11.1% | +10.3% | +8.5% | +4.5% | +4.0% | +1.9% | +3.0% | +1.9% | -7.6% | -6.6% | +7.2% | +2.3% | +1.7% |
Product Breakdown
| Segment | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Product And Services, Excluding Financial Services | $270.90M | $280.30M | $252.40M | $265.20M | $243.10M | $259.10M | $278.50M | $250.80M |
| Financial services revenue | $68.30M | $70.20M | $71.70M | $66.70M | $70.30M | $68.20M | $68.90M | $68.00M |
| Total | $339.20M | $350.50M | $324.10M | $331.90M | $313.40M | $327.30M | $347.40M | $318.80M |
Business Segments
| Segment | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|
| Snap-on Tools Group | $103.50M | $98.20M | $110.50M | $116.00M | $123.45M | $123.45M | $123.45M | $123.45M |
| Repair Systems & Information Group | $86.70M | $83.30M | $97.20M | $91.60M | $108.30M | $108.30M | $108.30M | $108.30M |
| Commercial & Industrial Group | $55.50M | $53.60M | $50.10M | $45.70M | $56.53M | $56.53M | $56.53M | $56.53M |
| Total | $286.00M | $271.90M | $299.40M | $293.50M | $326.10M | $343.90M | $314.60M | $325.80M |
Commercial & Industrial Group, Repair Systems & Information Group, Snap-on Tools Group were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Operating Income at Other Companies
Frequently Asked Questions
- What is Snap-on's operating income?
- Snap-on (SNA) reported operating income of $318.80M in Q1 2026.
- How has Snap-on's operating income changed year-over-year?
- Snap-on's operating income increased by 1.7% year-over-year, from $313.40M to $318.80M.
- What is the long-term trend for Snap-on's operating income?
- Over 4 years (2021 to 2025), Snap-on's operating income has grown at a 4.3% compound annual growth rate (CAGR), from $1.12B to $1.33B.
- What does operating income mean?
- The profit a company makes from its core business operations before interest and taxes.