Snowflake (SNOW) Asset Utilization Ratio (2021 - 2026)
Snowflake recorded quarterly Asset Utilization Ratio of 0.54 in Q1 2026, up 1.02% quarter-over-quarter from 0.53 in Q4 2025, and up 28.22% year-over-year from 0.42 in Q1 2025.
Snowflake's Asset Utilization Ratio history runs 6 years deep, the most recent figure standing at 0.54 for Q1 2026.
- In Q1 2026, Asset Utilization Ratio rose 28.22% year-over-year to 0.54; the TTM figure through Jan 2026 stood at 0.54 (up 28.22% YoY), while the FY2026 annual figure was 0.52, up 22.7% from the prior year.
- Asset Utilization Ratio came in at 0.54 for Q1 2026 at Snowflake, up from 0.53 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.54 in Q1 2026 to a low of 0.19 in Q1 2022.
- A 5-year average of 0.37 and a median of 0.36 in 2024 frame the typical range for Asset Utilization Ratio.
- Across the five-year window, Asset Utilization Ratio soared 87.01% in 2022 and grew 11.79% in 2025, its largest moves.
- Snowflake's Asset Utilization Ratio stood at 0.26 in 2022, then jumped by 35.59% to 0.35 in 2023, then grew by 27.08% to 0.45 in 2024, then rose by 18.46% to 0.53 in 2025, then climbed by 1.02% to 0.54 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.54, 0.53, and 0.5 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 0.51 |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 0.40 |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 0.88 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 0.84 |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 0.55 |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 0.50 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 0.83 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 0.29 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 0.57 |
| 10 | Snowflake | 58.12 Bn | 54.92 Bn | 857.66 Mn | 0.54 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Apr 30, 2021 | 0.12 |
| Jan 31, 2021 | 0.10 |