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Snap SNAP Income Tax

Income Tax at other companies

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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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Gross margin57.3%+3.5pp
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

Reported directly by Snap in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

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

Filed
Aug 3, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001564408-26-000052
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Interest expense(36,941)(27,607)(73,697)(51,006)
Other income (expense), net21,502(823)20,48848,246
Loss before income taxes(161,488)(254,907)(247,248)(386,065)
Income tax expense(2,472)(7,663)(5,663)(16,092)
Net loss$(163,960)$(262,570)$(252,911)$(402,157)
Net loss per share attributable to Class A, Class B, and Class C common stockholders (Note 3):
Basic$(0.10)$(0.16)$(0.15)$(0.24)
Diluted$(0.10)$(0.16)$(0.15)$(0.24)

Item 1. Financial Statements

FAQ

What is Snap's income tax?
Snap (SNAP) reported income tax of $2.47M in Q2 2026.
How has Snap's income tax changed year-over-year?
Snap's income tax decreased by 67.7% year-over-year, from $7.66M to $2.47M.
What is the long-term trend for Snap's income tax?
Over 3 years (2021 to 2024), Snap's income tax has grown at a 23.6% compound annual growth rate (CAGR), from $13.58M to $25.63M.
What does income tax mean?
Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

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