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

Snowflake has disclosed Asset Utilization Ratio across 6 years of filings, most recently posting 0.63 for Q3 2026.

• In Q3 2026, Asset Utilization Ratio rose 25.22% year-over-year to 0.63; the TTM figure through Jul 2026 stood at 0.63 (up 25.22% YoY), while the FY2026 annual figure was 0.52, up 22.7% from the prior year.
• Asset Utilization Ratio came in at 0.63 for Q3 2026 at Snowflake, up from 0.57 in the prior quarter.
• In the past five years, Asset Utilization Ratio ranged from a high of 0.63 in Q3 2026 to a low of 0.19 in Q1 2022.
• Average Asset Utilization Ratio over 5 years is 0.39, with a median of 0.39 recorded in 2024.
• Year-over-year, Asset Utilization Ratio soared 87.01% in 2022 and grew 11.79% in 2025.
• Over 5 years, Asset Utilization Ratio stood at 0.26 in 2022, then soared by 35.59% to 0.35 in 2023, then climbed by 27.08% to 0.45 in 2024, then increased by 18.46% to 0.53 in 2025, then grew by 18.01% to 0.63 in 2026.
• Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.63 in Q3 2026, 0.57 in Q2 2026, and 0.54 in Q1 2026.