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Snap's gross profit for the
three
months ended in Jun. 2026 was MXN16,247 Mil. Snap's gross profit for the trailing twelve months (TTM) ended in Jun. 2026 was MXN65,351 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Snap's gross profit for the
three
months ended in Jun. 2026 was MXN16,247 Mil. Snap's Revenue for the
three
months ended in Jun. 2026 was MXN27,901 Mil. Therefore, Snap's Gross Margin % for the quarter that ended in Jun. 2026 was 58.23%.
Snap had a gross margin of 58.23% for the quarter that ended in Jun. 2026 => Durable competitive advantage
During the past 11 years, the highestGross Margin % of Snap was 60.55%. The lowest was -11.66%. And the median was 53.34%.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Snap had a gross margin of 58.23% for the quarter that ended in Jun. 2026 => Durable competitive advantage
Snap Gross Profit Related Terms
Snap Gross Profit Historical Data
* Premium members only.
The historical data trend for Snap's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Internet Content & Information subindustry, Snap's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Snap Gross Profit vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Snap's Gross Profit distribution charts can be found below:
* The bar in red indicates where Snap's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN65,351 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
Snap's Gross Margin % for the quarter that ended in Jun. 2026 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Snap (MEX:SNAP) has a Gross Profit of MXN65,351 Mil as of Jun. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Snap and its competitors.
Is Snap's Gross Profit too high?
Snap's current Gross Profit is MXN65,351 Mil. Overall, Snap has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Snap's Gross Profit compare to BILI and ZG?
Snap's Gross Profit of MXN65,351 Mil can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for an Interactive Media company?
A good Gross Profit depends on the Interactive Media industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Snap and its competitors. Snap's current Gross Profit is MXN65,351 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Snap stock overvalued right now?
Based on GuruFocus' analysis, Snap (MEX:SNAP) is currently considered Possible Value Trap. The stock's GF Value™ is MXN213.55, compared to a current price of MXN99.66 — trading 53.3% below its estimated fair value. The current Gross Profit is MXN65,351 Mil. Snap's overall GF Score™ is 53/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Snap (MEX:SNAP), the current Gross Profit is MXN65,351 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Snap (MEX:SNAP) Overvalued in 2026?
Based on GuruFocus' analysis, Snap stock appears to be undervalued.
The current stock price of MXN99.66 is trading 53.3% below its estimated GF Value™ of MXN213.55.
GuruFocus considers Snap to be Possible Value Trap.
Key valuation signals for MEX:SNAP:
Gross Profit: MXN65,351 Mil
GF Value™: MXN213.55 vs. price of MXN99.66 (53.3% below fair value)
No single metric tells the full story. See the MEX:SNAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Snap is a technology company best known for its marquis social media application.Snapchat, a visual messaging application that has amassed hundreds of millions of users. The app was initially only used to communicate with family and friends through photographs and short videos (known as "Snaps"). Users can now enjoy augmented reality, or AR, lenses, content from famous creators and celebrities, updates about local events, and more. Although the app offers a paid subscription option with premium features, advertising sales produce most of the app's revenue. The firm also sells wearable devices called AR Spectacles, which can capture photos and videos overlayed with AR lenses, but these make up a small portion of Snap's overall sales.
53GF Score
Get the complete analysis for MEX:SNAP
Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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