Snowflake (SNOW) Asset Utilization Ratio (2021 - 2026)

Snowflake (SNOW) posted Asset Utilization Ratio of 0.57 for Q2 2026, up 5.48% sequentially from 0.54 in Q1 2026, and up 27.4% YoY from 0.45 in Q2 2025.

Snowflake (SNOW) Asset Utilization Ratio (2021 - 2026) Analysis & Trends

Snowflake has reported Asset Utilization Ratio for 6 years, with the latest figure at 0.57 in Q2 2026.

  • Quarterly Asset Utilization Ratio rose 27.4% year-over-year to 0.57 in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 0.57 (up 27.4% YoY) and the FY2026 annual result came in at 0.52, up 22.7% from the prior year.
  • Asset Utilization Ratio advanced to 0.57 in Q2 2026 per SNOW's latest filing, from 0.54 in the prior quarter.
  • Over five years, Asset Utilization Ratio peaked at 0.57 in Q2 2026 and troughed at 0.19 in Q1 2022.
  • A 5-year average of 0.38 and a median of 0.38 in 2024 frame the typical range for Asset Utilization Ratio.
  • The sharpest annual moves came in 2022 and 2025: Asset Utilization Ratio jumped 87.01% in 2022, then increased 11.79% in 2025.
  • Over 5 years, Asset Utilization Ratio stood at 0.26 in 2022, then surged by 35.59% to 0.35 in 2023, then increased by 27.08% to 0.45 in 2024, then gained by 18.46% to 0.53 in 2025, then rose by 6.56% to 0.57 in 2026.
  • According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.57, 0.54, and 0.53 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Generated on {Timestamp} © BusinessQuant.com
Generated on {Timestamp} Powered by BusinessQuant Logo

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn 0.52
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 0.93
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 0.39
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 0.88
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 0.53
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn 0.57
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn 0.34
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 0.85
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 0.57
10 Datadog 91.70 Bn 86.71 Bn 881.34 Mn 0.55

Historic Data

Download Data
DateValue
Apr 30, 2026 0.57
Jan 31, 2026 0.54
Oct 31, 2025 0.53
Jul 31, 2025 0.50
Apr 30, 2025 0.45
Jan 31, 2025 0.42
Oct 31, 2024 0.45
Jul 31, 2024 0.45
Apr 30, 2024 0.39
Jan 31, 2024 0.36
Oct 31, 2023 0.35
Jul 31, 2023 0.33
Apr 30, 2023 0.30
Jan 31, 2023 0.28
Oct 31, 2022 0.26
Jul 31, 2022 0.23
Apr 30, 2022 0.21
Jan 31, 2022 0.19
Oct 31, 2021 0.17
Jul 31, 2021 0.14