Snap-on Financial services revenue — Segment operating earnings decreased by 8.6% to $68.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.3%, from $70.30M to $68.00M. Over 4 years (FY 2021 to FY 2025), Financial services revenue — Segment operating earnings shows relatively stable performance with a 0.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Higher earnings indicate a healthy, profitable credit portfolio and effective management of credit risk and operational costs.
This represents the profitability of the financial services segment after deducting operating expenses from segment reve...
Similar to operating income for captive finance subsidiaries in industrial or automotive sectors.
sna_segment_financial_services_revenue_segment_operating_earnings| 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 | $65.30M | $68.90M | $70.60M | $67.20M | $70.40M | $65.30M | $66.40M | $63.90M | $66.30M | $66.90M | $69.40M | $67.90M | $68.30M | $70.20M | $71.70M | $66.70M | $70.30M | $68.20M | $68.90M | $74.40M | $68.00M |
| QoQ Change | — | +5.5% | +2.5% | -4.8% | +4.8% | -7.2% | +1.7% | -3.8% | +3.8% | +0.9% | +3.7% | -2.2% | +0.6% | +2.8% | +2.1% | -7.0% | +5.4% | -3.0% | +1.0% | +8.0% | -8.6% |
| YoY Change | — | — | — | — | +7.8% | -5.2% | -5.9% | -4.9% | -5.8% | +2.5% | +4.5% | +6.3% | +3.0% | +4.9% | +3.3% | -1.8% | +2.9% | -2.8% | -3.9% | +11.5% | -3.3% |