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Snap SNAP Operating lease liabilities

Discontinued — last reported Q4 '25

Operating lease liabilities at other companies

Tyler Technologies logo
Tyler TechnologiesTYL
-$2.16M+23.9%
Lamar Advertising logo
Lamar AdvertisingLAMR
-$36.27M-14.2%
CACI International logo
CACI InternationalCACI
-$1.5M
Snowflake logo
SnowflakeSNOW
-$19.21M-62.2%
PTC logo
PTCPTC
$1.04M
Kratos Defense & Security Solutions logo
Kratos Defense & Security SolutionsKTOS
-$3.7M-23.3%

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 / equity+0.2×
Current ratio3.5×-0.8×

Where this comes from

Reported directly by Snap in its filing.

Tagged under the XBRL concept snap:IncreaseDecreaseInOperatingLeaseLiabilities.

The official record: Snap’s 10-K, filed February 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Snap's operating lease liabilities?
Snap (SNAP) reported operating lease liabilities of -$8.61M in Q4 2025.
How has Snap's operating lease liabilities changed year-over-year?
Snap's operating lease liabilities increased by 45.1% year-over-year, from -$15.67M to -$8.61M.
What is the long-term trend for Snap's operating lease liabilities?
Over 4 years (2021 to 2025), Snap's operating lease liabilities has grown at a -8.6% compound annual growth rate (CAGR), from -$49.29M to -$34.43M.
What does operating lease liabilities mean?
The change in cash obligations related to operating leases.
How do you interpret operating lease liabilities?
A decrease indicates cash outflows used to pay down lease liabilities, reflecting ongoing facility or equipment rental costs.
How does operating lease liabilities compare across companies?
Standardized under ASC 842; comparable across companies with significant real estate or equipment footprints.