TTM
-6.8%
YoY change
+5.71pp
Trough year (2015)
-650.7%
Peak year (2025)
-9.0%
Latest annual
-9.0%
Operating Margin history chart for Snap (SNAP) from 2015 to 2025
Latest: -9.0%
Operating Margin change chart for Snap (SNAP) from 2015 to 2025
Latest: +5.71pp
Operating Margin history table for Snap (SNAP) from 2015 to 2025
| 2025 | -9.0% | +5.71pp | ||
| 2024 | -14.7% | +15.67pp | ||
| 2023 | -30.4% | -0.04pp | ||
| 2022 | -30.3% | -13.27pp | ||
| 2021 | -17.1% | +17.34pp | ||
| 2020 | -34.4% | +29.92pp | ||
| 2019 | -64.3% | +43.14pp | ||
| 2018 | -107.5% | +315.07pp | ||
| 2017 | -422.5% | -293.87pp | ||
| 2016 | -128.7% | +522.06pp | ||
| 2015 | -650.7% | — |
- 2025-9.0%+5.71pp
- 2024-14.7%+15.67pp
- 2023-30.4%-0.04pp
- 2022-30.3%-13.27pp
- 2021-17.1%+17.34pp
- 2020-34.4%+29.92pp
- 2019-64.3%+43.14pp
- 2018-107.5%+315.07pp
- 2017-422.5%-293.87pp
- 2016-128.7%+522.06pp
- 2015-650.7%—
Operating Margin values are taken from Snap's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Snap (SNAP)
According to Snap's latest reported financial statements, the company's latest reported operating margin is -6.8%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Snap (SNAP) reported operating margin of -8.97% – expanded 5.7 percentage points year-over-year.
The record annual operating margin stands at -8.97%, reached in 2025; the historical low of -650.72% was recorded in 2015.
Snap Operating Margin by Year
Snap Operating Margin 2025: -9.0%
In 2025, Snap reported operating margin of -8.97%, expanded 5.7 percentage points from 2024. This figure represents the highest annual value in the available history.
Snap Operating Margin 2024: -14.7%
Snap operating margin in 2024 was -14.68%, expanded 15.7 percentage points from 2023.
Snap Operating Margin 2023: -30.4%
2023's operating margin for Snap came in at -30.36%, contracted 0.0 percentage points from 2022.
Snap Operating Margin 2022: -30.3%
Snap posted operating margin of -30.32% in 2022, contracted 13.3 percentage points from 2021.
Snap Operating Margin 2021: -17.1%
Snap operating margin in 2021 was -17.05%.
See more financial history for Snap (SNAP).
Sector peers by Operating Margin
Communication Services peers of Snap (SNAP), ranked by their latest operating margin
| 41.2% | |
| 32.7% | |
| 29.7% | |
| 21.2% | |
| 20.4% | |
| 19.4% | |
| 15.5% | |
| 13.7% |
- 41.2%
- 32.7%
- 29.7%
- 21.2%
- 20.4%
- 19.4%
- 15.5%
- 13.7%
Frequently asked questions
Snap (SNAP) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation