Financial services revenue — Operating Expenses
Snap-on Financial services revenue — Operating Expenses decreased by 1.5% to $33.1M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.1%, from $31.8M to $33.1M. 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
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.
sna_segment_financial_services_revenue_operating_expensesHistorical Data
| 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 | $20.93M | $20.93M | $20.93M | $20.93M | $26.9M | $26.9M | $26.9M | $26.9M | $31.3M | $30.3M | $28.7M | $33.8M | $31.8M | $33.5M | $32.2M | $33.6M | $33.1M |
| 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% |
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Frequently Asked Questions
- What is Snap-on's financial services revenue — operating expenses?
- Snap-on (SNA) reported financial services revenue — operating expenses of $33.1M 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 $31.8M to $33.1M.
- 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?
- The total operational costs required to run the financial services business unit.