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Snap SNAP Net margin

Net margin at other companies

Apple logo
AppleAAPL
27.2%+2.9pp
Meta Platforms, Inc. logo
Meta Platforms, Inc.META
32.8%-6.3pp
Pinterest, Inc. logo
Pinterest, Inc.PINS
7.6%-42.8pp
Reddit logo
RedditRDDT
28.6%
New York Times logo
New York TimesNYT
13.2%+1.6pp
Alphabet Inc. logo
Alphabet Inc.GOOGL

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
FCF margin10%+4.6pp

Returns & leverage

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Return on equity-20.7%-2.7pp
Debt / equity+0.2×
Current ratio3.5×-0.8×

Where this comes from

Calculated from Snap’s reported figures.

Based on trailing twelve months.

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 net margin?
Snap (SNAP) reported net margin of -7.5% in Q1 2026.
How has Snap's net margin changed year-over-year?
Snap's net margin increased by 23.8% year-over-year, from -9.8% to -7.5%.
What is the long-term trend for Snap's net margin?
Over 5 years (2020 to 2025), Snap's net margin has grown at a -25.7% compound annual growth rate (CAGR), from -37.7% to -8.5%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.