Snowflake (SNOW) Cost of Revenue (2019 - 2026)

Snowflake has disclosed Cost of Revenue across 8 years of filings, most recently posting $464.5 million for Q2 2026.

• Cost of Revenue for Q2 2026 came in at $464.5 million, up 1.3% year-over-year; the trailing twelve-month figure through Apr 2026 was $1.8 billion (up 53.78% YoY), and the FY2026 annual result was $1.5 billion, up 26.6% from the prior year.
• Cost of Revenue came in at $464.5 million for Q2 2026 at Snowflake, up from $426.3 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $594.6 million in Q1 2023 to a low of -$24.7 million in Q1 2025.
• The 5-year median for Cost of Revenue is $352.6 million (2023), against an average of $344.7 million.
• Across the five-year window, Cost of Revenue sank 106.84% in 2025 and surged 1823.52% in 2026, its largest moves.
• Snowflake's Cost of Revenue stood at $190.7 million in 2022, then gained by 20.04% to $228.9 million in 2023, then soared by 91.29% to $438.0 million in 2024, then decreased by 10.75% to $390.9 million in 2025, then advanced by 18.84% to $464.5 million in 2026.
• The last three Cost of Revenue figures came in at $464.5 million (Q2 2026), $426.3 million (Q1 2026), and $390.9 million (Q4 2025), per Business Quant data.