What is Snap's change in lease liabilities?

Snap (SNAP) reported change in lease liabilities of -$12.46M in Q1 2026.

How has Snap's change in lease liabilities changed year-over-year?

Snap's change in lease liabilities increased by 26.7% year-over-year, from -$16.99M to -$12.46M.

What does change in lease liabilities mean?

Cash payments for operating leases reducing the lease liability, partially offset by new lease commencements.

Snap SNAP Change in Lease Liabilities

Change in Lease Liabilities at other companies

Pinterest, Inc.PINS

-$10.81M-41.0%

Maplebear Inc.CART

-$1M+66.7%

Other financials

Income statement

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Revenue$1.5B+12.1%

Gross profit$863.6M+19.3%

Operating income-$74.4M+61.6%

Net income-$89.0M+36.3%

EPS (diluted)-$0.05+37.5%

Balance sheet

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Cash & equivalents$1.1B+16.5%

Total debt$4.2B-0.2%

Total equity$2.1B-9.8%

Total assets$7.5B-1.2%

Cash flow

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Operating cash flow$326.8M+116%

CapEx$40.8M+9.6%

Free cash flow$286.0M+150%

Valuation

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Market cap$7.72B-47.4%

Enterprise value$10.86B-39.6%

P/S1.3×-1.4×

Profitability

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Gross margin55.8%+1.7pp

Operating margin-7.6%-2.0pp

Net margin-7.5%-1.4pp

FCF margin10%+4.6pp

Returns & leverage

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Return on equity-20.7%-2.7pp

Debt / equity2×+0.2×

Current ratio3.5×-0.8×

Where this comes from

Reported directly by Snap in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInOperatingLeaseLiability.

The official record: Snap’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Snap's change in lease liabilities?: Snap (SNAP) reported change in lease liabilities of -$12.46M in Q1 2026.
How has Snap's change in lease liabilities changed year-over-year?: Snap's change in lease liabilities increased by 26.7% year-over-year, from -$16.99M to -$12.46M.
What does change in lease liabilities mean?: Cash payments for operating leases reducing the lease liability, partially offset by new lease commencements.