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Snap SNAP Operating Lease ROU Assets

Operating Lease ROU Assets at other companies

Digital Turbine logo
Digital TurbineAPPS
$8.15M-15.3%
Meta Platforms, Inc. logo
Meta Platforms, Inc.META
$23.99B+259%
Pinterest, Inc. logo
Pinterest, Inc.PINS
$143.05M+90.5%
Reddit logo
RedditRDDT
$18.41M-16.8%
WEBTOON Entertainment Inc. logo
WEBTOON Entertainment Inc.WBTN
$20.51M-24.0%
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$8.83B-32.9%
Enterprise value$12.09B-26.3%
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:OperatingLeaseRightOfUseAsset.

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 itemJune 30,2026December 31,2025
Prepaid expenses and other current assets309,533272,065
Total current assets4,206,6294,584,874
Property and equipment, net586,268578,075
Operating lease right-of-use assets562,091506,216
Intangible assets, net94,30666,613
Goodwill1,780,1331,720,769
Other assets240,733221,255
Total assets$7,470,160$7,677,802

Item 1. Financial Statements

FAQ

What is Snap's operating lease ROU assets?
Snap (SNAP) reported operating lease ROU assets of $562.09M in Q2 2026.
How has Snap's operating lease ROU assets changed year-over-year?
Snap's operating lease ROU assets increased by 5.2% year-over-year, from $534.08M to $562.09M.
What is the long-term trend for Snap's operating lease ROU assets?
Over 5 years (2020 to 2025), Snap's operating lease ROU assets has grown at a 13.4% compound annual growth rate (CAGR), from $269.73M to $506.22M.
What does operating lease ROU assets mean?
Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

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