Superworth

Snap profit margin SNAP

Gross, operating and net profit as a share of revenue over the last twelve months, from 2019.

Net margin, 12 months
−4.9%
Operating margin, 12 months
−5.1%
Net margin on a year earlier
+4.8 pts
Peer median
17.7%

Over the twelve months to Jun 30, 2026, Snap kept −4.9% of its revenue as net profit, with an operating margin of −5.1% and a gross margin of 57.3%.

Five years earlier its net margin was −22.5%.

The median for 10 application software stocks of a similar size is 17.7%.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY2025−7.8%−9.0%55.0%
FY2024−13.0%−14.7%53.9%
FY2023−28.7%−30.4%54.1%
FY2022−31.1%−30.3%60.6%
FY2021−11.9%−17.1%57.5%
FY2020−37.7%−34.4%52.8%
FY2019−60.3%−64.3%47.8%
FY2018n/an/a32.3%
FY2017n/an/a13.0%
FY2016n/an/a−11.7%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY26−4.9%+4.8 pts−5.1%
Q1 FY26−6.7%+2.9 pts−6.8%
Q4 FY25−7.8%+5.3 pts−9.0%
Q3 FY25−8.6%+9.9 pts−10.5%
Q2 FY25−9.7%+13.8 pts−11.6%
Q1 FY25−9.6%+17.4 pts−11.7%
Q4 FY24−13.0%+15.7 pts−14.7%
Q3 FY24−18.5%+11.5 pts−19.5%
Q2 FY24−23.5%+6.7 pts−24.4%
Q1 FY24−27.0%+3.9 pts−28.4%
Q4 FY23−28.7%+2.4 pts−30.4%
Q3 FY23−30.0%−5.7 pts−31.6%

Against its peers

Companies in Software - Application nearest Snap's size, closest first, today.

CompanyProfit margin
SNAPSnap−4.9%
ESTCElastic20.8%
MTCHMatch20.2%
DOCNDigitalOcean23.3%
FDSFactset Research Systems23.2%
PINSPinterest5.5%
HNGEHinge Health15.1%
HUBSHubSpot4.3%
RNGRingCentral4.3%
FICOFair Isaac34.1%
TTDTrade Desk13.6%
Peer median17.7%

Where Snap ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Snap

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.