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Snap-on SNA Financial services revenue — Operating Expenses

Other product segments

Product And Services, Excluding Financial Services
$366.3M+8.9%

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Other financials

Income statement

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Revenue$1.3B+4.2%
Operating income$336.4M+2.8%
Net income$260.6M+4.1%
EPS (diluted)$4.96+5.1%

Balance sheet

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Cash & equivalents$1.6B+12.8%
Total debt$993.5M-22.6%
Total equity$6.0B+5.7%
Total assets$8.6B+5.4%

Cash flow

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Operating cash flow$271.5M+14.5%
CapEx$23.1M+17.3%
Free cash flow$248.4M+14.2%

Valuation

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Market cap$21.67B+28.5%
Enterprise value$21.01B+26.0%
P/E21×+4.1×
P/S4.1×+0.8×

Profitability

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Gross margin52.8%
Operating margin25.4%-0.1pp
Net margin19.6%-0.1pp
FCF margin21%+0.9pp

Returns & leverage

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Return on equity17.6%-0.6pp
Debt / equity0.2×-0.1×
Current ratio3.4×-1.0×

Where this comes from

Reported directly by Snap-on in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

The source filing: Snap-on’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 11:05 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q3 2026
Accession
0000091440-26-000144
Line itemThree Months Ended / July 4,2026Three Months Ended / June 28,2025Six Months Ended / July 4,2026Six Months Ended / June 28,2025
Operating expenses(366.3)(336.4)(723.8)(671.8)
Operating earnings before financial services268.9259.1519.7502.2
Financial services revenue99.7101.7200.8203.8
Financial services expenses(32.2)(33.5)(65.3)(65.3)
Operating earnings from financial services67.568.2135.5138.5
Operating earnings336.4327.3655.2640.7
Interest expense(12.3)(12.3)(24.7)(24.7)
Other income (expense) – net15.114.331.928.7

Item 1: Financial Statements

FAQ

What is Snap-on's financial services revenue — operating expenses?
Snap-on (SNA) reported financial services revenue — operating expenses of $32.2M in Q2 2026.
How has Snap-on's financial services revenue — operating expenses changed year-over-year?
Snap-on's financial services revenue — operating expenses decreased by 3.9% year-over-year, from $33.5M to $32.2M.
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 $83.7M to $131.1M.
What does financial services revenue — operating expenses mean?
This metric captures the total costs incurred to operate the financial services segment, excluding interest expense. It includes administrative costs, technology investments, and overhead required to manage the credit portfolio.

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