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Snap SNAP Gross margin

Gross margin at other companies

Digital Turbine logo
Digital TurbineAPPS
57.3%+4.5pp
Apple logo
AppleAAPL
48.7%+2.0pp
Meta Platforms, Inc. logo
Meta Platforms, Inc.META
81.7%-0.2pp
Pinterest, Inc. logo
Pinterest, Inc.PINS
79.5%-0.4pp
Reddit logo
RedditRDDT
91.4%+0.4pp
Alphabet Inc. logo
Alphabet Inc.GOOGL

Other financials

Income statement

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Revenue$1.6B+18.9%
Gross profit$931.1M+34.6%
Operating income-$170.7M+34.3%
Net income-$164.0M+37.6%
EPS (diluted)-$0.10+37.5%

Balance sheet

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Cash & equivalents$958.8M+3.6%
Total debt$4.2B+0.8%
Total equity$1.9B-6.9%
Total assets$7.5B+1.0%

Cash flow

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Operating cash flow$176.2M+99.1%
CapEx$55.7M-13.9%
Free cash flow$120.5M+407%

Valuation

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Market cap$9.01B-31.4%
Enterprise value$12.28B-25.2%
P/S1.4×-0.9×

Profitability

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Operating margin-5.9%-1.9pp
Net margin-5.6%-1.7pp
FCF margin11.1%+4.1pp

Returns & leverage

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Return on equity-17.8%-4.5pp
Debt / equity2.2×+0.2×
Current ratio2.9×-0.9×

Where this comes from

Calculated from Snap’s reported figures.

Based on trailing twelve months.

The source filing: Snap’s 10-Q, filed August 4, 2026. Open the filing →

Filed
Aug 3, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001564408-26-000052

FAQ

What is Snap's gross margin?
Snap (SNAP) reported gross margin of 57.3% in Q2 2026.
How has Snap's gross margin changed year-over-year?
Snap's gross margin increased by 6.5% year-over-year, from 53.8% to 57.3%.
What is the long-term trend for Snap's gross margin?
Over 5 years (2020 to 2025), Snap's gross margin has grown at a 0.8% compound annual growth rate (CAGR), from 52.8% to 55%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

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