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Snap SNAP Return on invested capital

Return on invested capital at other companies

Digital Turbine logo
Digital TurbineAPPS
11.9%+8.5pp
Apple logo
AppleAAPL
94.3%+17.4pp
Meta Platforms, Inc. logo
Meta Platforms, Inc.META
24.1%-11.6pp
Pinterest, Inc. logo
Pinterest, Inc.PINS
7.6%0.0pp
Reddit logo
RedditRDDT
44.9%+39.9pp
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

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 return on invested capital?
Snap (SNAP) reported return on invested capital of -7.1% in Q2 2026.
How has Snap's return on invested capital changed year-over-year?
Snap's return on invested capital increased by 62.1% year-over-year, from -18.7% to -7.1%.
What is the long-term trend for Snap's return on invested capital?
Over 5 years (2020 to 2025), Snap's return on invested capital has grown at a -23.8% compound annual growth rate (CAGR), from -41.1% to -10.5%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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