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Snap SNAP Quick ratio

Quick ratio at other companies

Apple logo
AppleAAPL
+0.2×
Meta Platforms, Inc. logo
Meta Platforms, Inc.META
2.3×-0.3×
Pinterest, Inc. logo
Pinterest, Inc.PINS
4.2×-4.2×
Reddit logo
RedditRDDT
12.7×+0.3×
New York Times logo
New York TimesNYT
1.6×+0.2×
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
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

Calculated from Snap’s reported figures.

Based on the most recent quarter.

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 quick ratio?
Snap (SNAP) reported quick ratio of 3.5× in Q1 2026.
How has Snap's quick ratio changed year-over-year?
Snap's quick ratio decreased by 18.0% year-over-year, from 4.3× to 3.5×.
What is the long-term trend for Snap's quick ratio?
Over 5 years (2020 to 2025), Snap's quick ratio has grown at a -6.6% compound annual growth rate (CAGR), from 5× to 3.6×.
What does quick ratio mean?
Can the company cover short-term bills without having to sell inventory first?
How do you interpret quick ratio?
More conservative than the current ratio. A wide gap between the two flags heavy reliance on inventory to meet near-term obligations.
How does quick ratio compare across companies?
Most informative for inventory-heavy businesses; converges with the current ratio for firms that carry little inventory.