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Snap SNAP Operating margin

Operating margin at other companies

Digital Turbine logo
Digital TurbineAPPS
10.3%+7.1pp
Apple logo
AppleAAPL
33.2%+1.3pp
Meta Platforms, Inc. logo
Meta Platforms, Inc.META
38.1%-5.9pp
Pinterest, Inc. logo
Pinterest, Inc.PINS
4.9%-0.6pp
Reddit logo
RedditRDDT
28.2%+23.5pp
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$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
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

Calculated from Snap’s reported figures.

Based on trailing twelve months.

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

Filed
Aug 3, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001564408-26-000052

FAQ

What is Snap's operating margin?
Snap (SNAP) reported operating margin of -5.9% in Q2 2026.
How has Snap's operating margin changed year-over-year?
Snap's operating margin increased by 49.3% year-over-year, from -11.6% to -5.9%.
What is the long-term trend for Snap's operating margin?
Over 5 years (2020 to 2025), Snap's operating margin has grown at a -22.2% compound annual growth rate (CAGR), from -34.4% to -9.8%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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