Snap Inc. (SNAP) Tax Rate: -4.00%
Is Snap Inc.’s tax rate high or low?
Snap Inc.'s tax rate of -4.00% is 42% below its 5-year average of -2.82%, near the low end of its 5-year range (-4.00%–-2.01%).
The tax rate for Snap Inc. (SNAP) is -4.00%. It is below its 12-month average by 2.43% (-3.91%).
SNAP Tax Rate Chart
SNAP Average Tax Rate Chart
SNAP Current vs Average Tax Rate Chart
SNAP Tax Rate Metrics
TAX RATE
-4.00%
TAX RATE AVG TTM
-3.91%
TAX RATE AVG 3Y
-3.01%
TAX RATE AVG 5Y
-2.82%
TAX RATE AVG 10Y
-1.21%
TAX RATE AVG 15Y
-1.21%
TAX RATE AVG 20Y
-1.21%
CURRENT VS TTM AVG
-2.43%
CURRENT VS 3Y AVG
-32.78%
CURRENT VS 5Y AVG
-41.84%
CURRENT VS 10Y AVG
-231.33%
CURRENT VS 15Y AVG
-231.33%
CURRENT VS 20Y AVG
-231.33%
Snap Inc. Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Snap Inc. Tax Rate FAQ
- What is the tax rate for Snap Inc. (SNAP)?
- The tax rate for SNAP stock is -4.00%.
- Is Snap Inc.'s tax rate high or low?
- Snap Inc.'s tax rate of -4.00% is 42% below its 5-year average of -2.82%, near the low end of its 5-year range (-4.00%–-2.01%).
- What is the TTM average tax rate for Snap Inc. (SNAP)?
- The TTM average tax rate for SNAP stock is -3.91%.
- What is the 3Y average tax rate for Snap Inc. (SNAP)?
- The 3Y average tax rate for SNAP stock is -3.01%.
- What is the 5Y average tax rate for Snap Inc. (SNAP)?
- The 5Y average tax rate for SNAP stock is -2.82%.
- What is the 10Y average tax rate for Snap Inc. (SNAP)?
- The 10Y average tax rate for SNAP stock is -1.21%.
- What is the 15Y average tax rate for Snap Inc. (SNAP)?
- The 15Y average tax rate for SNAP stock is -1.21%.
- What is the 20Y average tax rate for Snap Inc. (SNAP)?
- The 20Y average tax rate for SNAP stock is -1.21%.
Snap Inc. Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | -4.00% |
| 2024-12-31 | -3.81% |
| 2023-12-31 | -2.17% |
| 2022-12-31 | -2.07% |
| 2021-12-31 | -2.86% |
| 2020-12-31 | -2.01% |
| 2019-12-31 | -0.04% |
| 2018-12-31 | -0.20% |
| 2017-12-31 | 0.53% |
| 2016-12-31 | 1.36% |
| 2015-12-31 | 1.99% |
Related Metrics
About Snap Inc.
Snap Inc. is a global technology company focused on cameras, serving users across North America, Europe, and other international regions. Its primary product is Snapchat, a powerful camera application that facilitates visual communication through short videos and images. This app boasts several key features, including its Camera function, Communication tools, Snap Map, Stories, and Spotlight. In addition to its software, Snap Inc. develops Spectacles, smart glasses designed to integrate with Snapchat for capturing media from a first-person perspective. The company also offers a comprehensive suite of advertising products, encompassing augmented reality (AR) ads and various Snap ad formats like single image/video, story, collection, and dynamic ads, as well as commercials. Founded in 2010, the company initially operated as Snapchat, Inc. before adopting the name Snap Inc. in September 2016. Its headquarters are located in Santa Monica, California.
- Sector
- Communication Services
- Industry
- Internet Content & Information
- CEO
- Evan T. Spiegel