What is Snap's operating lease liabilities?

Snap (SNAP) reported operating lease liabilities of $632.5M in Q1 2026.

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

Snap's operating lease liabilities increased by 9.9% year-over-year, from $575.43M to $632.5M.

What is the long-term trend for Snap's operating lease liabilities?

Over 5 years (2020 to 2025), Snap's operating lease liabilities has grown at a 14.2% compound annual growth rate (CAGR), from $287.29M to $557.82M.

What does operating lease liabilities mean?

Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

Snap SNAP Operating Lease Liabilities

Operating Lease Liabilities at other companies

Meta Platforms, Inc.META

$25.61B+36.8%

Pinterest, Inc.PINS

$224.86M+56.2%

RedditRDDT

$14.12M-30.0%

Lamar AdvertisingLAMR

$1.25B+8.2%

Alphabet Inc.GOOGL

——

Unity SoftwareU

——

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:OperatingLeaseLiabilityNoncurrent.

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 operating lease liabilities?: Snap (SNAP) reported operating lease liabilities of $632.5M in Q1 2026.
How has Snap's operating lease liabilities changed year-over-year?: Snap's operating lease liabilities increased by 9.9% year-over-year, from $575.43M to $632.5M.
What is the long-term trend for Snap's operating lease liabilities?: Over 5 years (2020 to 2025), Snap's operating lease liabilities has grown at a 14.2% compound annual growth rate (CAGR), from $287.29M to $557.82M.
What does operating lease liabilities mean?: Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.