Other
Purchase Obligation
Snap-on Purchase Obligation increased by 8.6% to $216.30M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.8%, from $202.60M to $216.30M.
Analysis
StatementBalance Sheet Statement
SectionOther
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2018
Last reportedQ1 2026Apr 23, 2026
How to read this metric
High purchase obligations ensure supply security but reduce flexibility; low obligations may increase exposure to market price volatility.
Detailed definition
This metric represents legally binding, non-cancelable agreements to purchase goods or services in the future. It provid...
Peer comparison
Standard disclosure in the contractual obligations section of annual reports for large enterprises.
Metric ID:
purchase_obligationHistorical Data
13 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $195.00M | $188.00M | $185.00M | $180.00M | $183.00M | $185.00M | $187.00M | $184.00M | $183.00M | $202.60M | $197.70M | $199.10M | $216.30M |
| QoQ Change | — | -3.6% | -1.6% | -2.7% | +1.7% | +1.1% | +1.1% | -1.6% | -0.5% | +10.7% | -2.4% | +0.7% | +8.6% |
| YoY Change | — | — | — | -7.7% | -2.7% | +0.0% | +3.9% | +0.5% | -1.1% | +8.3% | +7.4% | +8.8% | +6.8% |
Range$180.00M – $216.30M
CAGR+3.5%
Avg YoY Growth+2.4%
Median YoY Growth+2.2%
Current Streak2 quarters growth
Purchase Obligation at Other Companies
Frequently Asked Questions
- What is Snap-on's purchase obligation?
- Snap-on (SNA) reported purchase obligation of $216.30M in Q1 2026.
- How has Snap-on's purchase obligation changed year-over-year?
- Snap-on's purchase obligation increased by 6.8% year-over-year, from $202.60M to $216.30M.
- What does purchase obligation mean?
- The total value of binding agreements to buy goods or services in the future.