Snap (WBO:SNAP) Research & Development: €1,588 Mil (TTM As of Mar. 2026)


WBO:SNAP Snap Inc WBO:SNAP
64 GF Score
Price €3.80
GF Value €10.75
Valuation Possible Value Trap
! 2 Warning Signs
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What is Snap Research & Development?

Snap WBO:SNAP -4.76% 64 Research & Development is €1,588 Mil as of Mar. 2026. GuruFocus rates WBO:SNAP with a GF Score™ of 64/100 and a GF Value™ of €10.75 (Possible Value Trap). The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Snap's Research & Development for the three months ended in Mar. 2026 was €414 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was €1,588 Mil.

Snap  (WBO:SNAP) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Snap Research & Development Related Terms

Snap Research & Development Historical Data

* Premium members only.

The historical data trend for Snap's Research & Development 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.

Snap Research & Development Chart

Snap Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,385.44 1,991.65 1,752.26 1,615.56 1,531.74

Snap Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 392.35 384.36 386.31 403.68 413.73
WBO:SNAP
64GF Score
Snap Inc WBO:SNAP
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Snap Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,588 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of €1,588 Mil mean?
Snap (WBO:SNAP) has a Research & Development of €1,588 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Snap and its competitors.
Is Snap's Research & Development too high?
Snap's current Research & Development is €1,588 Mil. Overall, Snap has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Snap's Research & Development compare to MTCH and ZG?
Snap's Research & Development of €1,588 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 Research & Development for an Interactive Media company?
A good Research & Development depends on the Interactive Media industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Snap and its competitors. Snap's current Research & Development is €1,588 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 (WBO:SNAP) is currently considered Possible Value Trap. The stock's GF Value™ is €10.75, compared to a current price of €3.80 — trading 64.7% below its estimated fair value. The current Research & Development is €1,588 Mil. Snap's overall GF Score™ is 64/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Snap (WBO:SNAP), the current Research & Development is €1,588 Mil as of Mar. 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 (WBO:SNAP) Overvalued in 2026?

Based on GuruFocus' analysis, Snap stock appears to be undervalued. The current stock price of €3.80 is trading 64.7% below its estimated GF Value™ of €10.75. GuruFocus considers Snap to be Possible Value Trap.

Key valuation signals for WBO:SNAP:

  • Research & Development: €1,588 Mil
  • GF Value™: €10.75 vs. price of €3.80 (64.7% below fair value)
  • GF Score™: 64/100 with 2 warning signs

No single metric tells the full story. See the WBO:SNAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Snap Business Description

Address 3000 31st Street, Santa Monica, CA, USA, 90405
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.
64GF Score

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Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€3.80
Price
€10.75
GF Value