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
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross 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% |
| FY2018 | n/a | n/a | 32.3% |
| FY2017 | n/a | n/a | 13.0% |
| FY2016 | n/a | n/a | −11.7% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating 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.
| Company | Profit margin |
|---|---|
| SNAPSnap | −4.9% |
| ESTCElastic | 20.8% |
| MTCHMatch | 20.2% |
| DOCNDigitalOcean | 23.3% |
| FDSFactset Research Systems | 23.2% |
| PINSPinterest | 5.5% |
| HNGEHinge Health | 15.1% |
| HUBSHubSpot | 4.3% |
| RNGRingCentral | 4.3% |
| FICOFair Isaac | 34.1% |
| TTDTrade Desk | 13.6% |
| Peer median | 17.7% |
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.