Snowflake (SNOW) Cost of Revenue (2019 - 2026)
Snowflake's (SNOW) quarterly Cost of Revenue came in at $510.1 million in Q3 2026, up 37.19% year-over-year from $371.8 million in Q3 2025, and up 9.81% quarter-over-quarter from $464.5 million in Q2 2026.
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Analysis
Snowflake (SNOW) Cost of Revenue (2019 - 2026) Analysis & Trends
Snowflake has disclosed Cost of Revenue across 8 years of filings, most recently posting $510.1 million for Q3 2026.
- In Q3 2026, Cost of Revenue rose 37.19% year-over-year to $510.1 million; the TTM figure through Jul 2026 stood at $1.8 billion (up 30.34% YoY), while the FY2026 annual figure was $1.5 billion, up 26.6% from the prior year.
- Cost of Revenue came in at $510.1 million for Q3 2026 at Snowflake, up from $464.5 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $510.1 million in Q3 2026 to a low of $134.2 million in Q1 2022.
- Average Cost of Revenue over 5 years is $288.3 million, with a median of $272.5 million recorded in 2024.
- Year-over-year, Cost of Revenue surged 63.24% in 2022 and increased 17.58% in 2024.
- Over 5 years, Cost of Revenue stood at $190.7 million in 2022, then gained by 20.04% to $228.9 million in 2023, then surged by 40.16% to $320.9 million in 2024, then increased by 21.81% to $390.9 million in 2025, then jumped by 30.5% to $510.1 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $510.1 million in Q3 2026, $464.5 million in Q2 2026, and $426.3 million in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Snowflake | 116.96 Bn | 114.61 Bn | 1.04 Bn | 510.08 Mn |
| 2 | MongoDB | 30.90 Bn | 28.49 Bn | 569.77 Mn | 202.01 Mn |
| 3 | Sportradar Group AG | 10.95 Bn | 10.59 Bn | 376.06 Mn | 63.10 Mn |
| 4 | Elastic | 9.14 Bn | 7.68 Bn | 356.19 Mn | 121.93 Mn |
| 5 | Genius Sports | 2.86 Bn | 2.70 Bn | 63.79 Mn | 131.72 Mn |
| 6 | Teradata | 2.69 Bn | 2.27 Bn | 243.00 Mn | 167.00 Mn |
| 7 | Datavault AI | 128.17 Mn | 128.17 Mn | 2.88 Mn | 3.84 Mn |
| 8 | Intermap Technologies | 47.08 Mn | 30.91 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 510.08 Mn |
| Apr 30, 2026 | 464.50 Mn |
| Jan 31, 2026 | 426.33 Mn |
| Oct 31, 2025 | 390.87 Mn |
| Jul 31, 2025 | 371.82 Mn |
| Apr 30, 2025 | 348.79 Mn |
| Jan 31, 2025 | 333.18 Mn |
| Oct 31, 2024 | 320.89 Mn |
| Jul 31, 2024 | 288.08 Mn |
| Apr 30, 2024 | 272.52 Mn |
| Jan 31, 2024 | 241.80 Mn |
| Oct 31, 2023 | 228.95 Mn |
| Jul 31, 2023 | 218.39 Mn |
| Apr 30, 2023 | 209.41 Mn |
| Jan 31, 2023 | 205.66 Mn |
| Oct 31, 2022 | 190.72 Mn |
| Jul 31, 2022 | 173.23 Mn |
| Apr 30, 2022 | 147.93 Mn |
| Jan 31, 2022 | 134.18 Mn |
| Oct 31, 2021 | 120.79 Mn |
API Access
Snowflake Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=SNOW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "SNOW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=SNOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();