Products & Services · Operating Expenses

Financial services revenue — Operating Expenses

Snap-on Financial services revenue — Operating Expenses decreased by 1.5% to $33.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.1%, from $31.80M to $33.10M. Over 3 years (FY 2022 to FY 2025), Financial services revenue — Operating Expenses shows an upward trend with a 16.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026Apr 23, 2026

How to read this metric

An increase relative to revenue may signal operational inefficiencies or higher costs associated with managing a larger or riskier credit portfolio.

Detailed definition

This metric captures the total costs incurred to operate the financial services segment, excluding interest expense. It...

Peer comparison

Comparable to SG&A or operating expenses for financial services segments in diversified manufacturing firms.

Metric ID: sna_segment_financial_services_revenue_operating_expenses

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$20.93M$20.93M$20.93M$20.93M$26.90M$26.90M$26.90M$26.90M$31.30M$30.30M$28.70M$33.80M$31.80M$33.50M$32.20M$33.60M$33.10M
QoQ Change+0.0%+0.0%+0.0%+28.6%+0.0%+0.0%+0.0%+16.4%-3.2%-5.3%+17.8%-5.9%+5.3%-3.9%+4.3%-1.5%
YoY Change+28.6%+28.6%+28.6%+28.6%+16.4%+12.6%+6.7%+25.7%+1.6%+10.6%+12.2%-0.6%+4.1%
Range$20.93M$33.80M
CAGR+12.1%
Avg YoY Growth+15.6%
Median YoY Growth+12.6%

Frequently Asked Questions

What is Snap-on's financial services revenue — operating expenses?
Snap-on (SNA) reported financial services revenue — operating expenses of $33.10M in Q1 2026.
How has Snap-on's financial services revenue — operating expenses changed year-over-year?
Snap-on's financial services revenue — operating expenses increased by 4.1% year-over-year, from $31.80M to $33.10M.
What is the long-term trend for Snap-on's financial services revenue — operating expenses?
Over 3 years (2022 to 2025), Snap-on's financial services revenue — operating expenses has grown at a 16.1% compound annual growth rate (CAGR), from $83.70M to $131.10M.
What does financial services revenue — operating expenses mean?
The total operational costs required to run the financial services business unit.