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R&D at other companies

Digital Turbine logo
Digital TurbineAPPS
$10.59M+4.4%
Apple logo
AppleAAPL
$11.73B+32.3%
Meta Platforms, Inc. logo
Meta Platforms, Inc.META
$21.66B+67.3%
Pinterest, Inc. logo
Pinterest, Inc.PINS
$451.01M+25.4%
Reddit logo
RedditRDDT
$231.28M+17.6%
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
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:ResearchAndDevelopmentExpense.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Revenue$1,598,993$1,344,930$3,127,784$2,708,147
Costs and expenses:
Cost of revenue667,885653,3331,333,1261,292,912
Research and development542,092443,3251,020,388867,490
Sales and marketing298,399257,853537,410515,810
General and administrative261,338250,095482,030485,457
Total costs and expenses1,769,7141,604,6063,372,9543,161,669
Operating loss(170,721)(259,676)(245,170)(453,522)

Item 1. Financial Statements

FAQ

What is Snap's R&D?
Snap (SNAP) reported R&D of $542.09M in Q2 2026.
How has Snap's R&D changed year-over-year?
Snap's R&D increased by 22.3% year-over-year, from $443.33M to $542.09M.
What is the long-term trend for Snap's R&D?
Over 4 years (2021 to 2025), Snap's R&D has grown at a 3.5% compound annual growth rate (CAGR), from $1.57B to $1.79B.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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