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Ratios

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

Snowflake (SNOW) has disclosed Cost of Revenue for 8 consecutive years, with $551.3 million as the latest value for Q1 2026.

  • Quarterly Cost of Revenue fell 30.27% to $551.3 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $1.9 billion through Jan 2026, up 5.68% year-over-year, with the annual reading at $2.1 billion for FY2026, 23.33% up from the prior year.
  • Cost of Revenue hit $551.3 million in Q1 2026 for Snowflake, up from $390.9 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $790.6 million in Q1 2025 to a low of $173.2 million in Q3 2022.
  • Historically, Cost of Revenue has averaged $357.6 million across 5 years, with a median of $343.3 million in 2023.
  • Biggest five-year swings in Cost of Revenue: soared 150.56% in 2022 and later plummeted 51.0% in 2023.
  • Year by year, Cost of Revenue stood at $190.7 million in 2022, then rose by 20.04% to $228.9 million in 2023, then skyrocketed by 40.16% to $320.9 million in 2024, then grew by 21.81% to $390.9 million in 2025, then surged by 41.03% to $551.3 million in 2026.
  • Business Quant data shows Cost of Revenue for SNOW at $551.3 million in Q1 2026, $390.9 million in Q4 2025, and $502.0 million in Q3 2025.