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

Snowflake has reported Cost of Revenue for 8 years, with the latest figure at $464.5 million in Q2 2026.

• Quarterly Cost of Revenue rose 33.18% year-over-year to $464.5 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $1.7 billion (up 28.09% YoY) and the FY2026 annual result came in at $1.5 billion, up 26.6% from the prior year.
• Cost of Revenue improved to $464.5 million in Q2 2026 per SNOW's latest filing, from $426.3 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $464.5 million in Q2 2026 and troughed at $134.2 million in Q1 2022.
• A 5-year average of $276.0 million and a median of $257.2 million in 2024 frame the typical range for Cost of Revenue.
• The sharpest annual moves came in 2022 and 2024: Cost of Revenue soared 63.24% in 2022, then rose 17.58% in 2024.
• Over 5 years, Cost of Revenue stood at $190.7 million in 2022, then climbed by 20.04% to $228.9 million in 2023, then jumped by 40.16% to $320.9 million in 2024, then gained by 21.81% to $390.9 million in 2025, then grew by 18.84% to $464.5 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $464.5 million, $426.3 million, and $390.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.