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Snap SNAP Total Cost of Revenue

Total Cost of Revenue at other companies

Apple logo
AppleAAPL
$56.4B+11.7%
Meta Platforms, Inc. logo
Meta Platforms, Inc.META
$10.22B+34.9%
Pinterest, Inc. logo
Pinterest, Inc.PINS
$238.55M+19.7%
Reddit logo
RedditRDDT
$56.27M+51.7%
New York Times logo
New York TimesNYT
$362.94M+8.5%
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

Reported directly by Snap in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

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 total cost of revenue?
Snap (SNAP) reported total cost of revenue of $665.24M in Q1 2026.
How has Snap's total cost of revenue changed year-over-year?
Snap's total cost of revenue increased by 4.0% year-over-year, from $639.58M to $665.24M.
What is the long-term trend for Snap's total cost of revenue?
Over 4 years (2021 to 2025), Snap's total cost of revenue has grown at a 11.1% compound annual growth rate (CAGR), from $1.75B to $2.67B.
What does total cost of revenue mean?
The direct costs incurred to provide the company's services to customers.
How do you interpret total cost of revenue?
A decrease relative to revenue suggests improved operational efficiency or economies of scale, while an increase may indicate rising infrastructure or bandwidth costs.
How does total cost of revenue compare across companies?
Commonly referred to as Cost of Goods Sold (COGS) in other industries; comparable to other cloud-based or social media service providers.