Snap-on Financial services revenue — Labor and Related Expense decreased by 2.1% to $9.50M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.0%, from $8.80M to $9.50M. Over 3 years (FY 2022 to FY 2025), Financial services revenue — Labor and Related Expense shows an upward trend with a 4.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase may indicate scaling of the workforce to support portfolio growth or increased complexity in credit management.
This includes all compensation, benefits, and payroll-related costs for personnel dedicated to the financial services se...
Standard labor cost metric found in segment-level reporting across most industries.
sna_segment_financial_services_revenue_labor_and_related_expense| 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 | $8.15M | $8.15M | $8.15M | $8.15M | $8.68M | $8.68M | $8.68M | $8.68M | $8.70M | $8.50M | $9.00M | $8.50M | $8.80M | $9.10M | $9.10M | $9.70M | $9.50M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +6.4% | +0.0% | +0.0% | +0.0% | +0.3% | -2.3% | +5.9% | -5.6% | +3.5% | +3.4% | +0.0% | +6.6% | -2.1% |
| YoY Change | — | — | — | — | +6.4% | +6.4% | +6.4% | +6.4% | +0.3% | -2.0% | +3.7% | -2.0% | +1.1% | +7.1% | +1.1% | +14.1% | +8.0% |