Snowflake (SNOW) Current Deferred Revenue (2020 - 2026)

Snowflake (SNOW) posted Current Deferred Revenue of $2.9 billion for Q2 2026, down 14.79% sequentially from $3.3 billion in Q1 2026, and up 23.47% YoY from $2.3 billion in Q2 2025.

Snowflake (SNOW) Current Deferred Revenue (2020 - 2026) Analysis & Trends

Snowflake has reported Current Deferred Revenue for 7 years, with the latest figure at $2.9 billion in Q2 2026.

  • Quarterly Current Deferred Revenue rose 23.47% year-over-year to $2.9 billion in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $2.9 billion (up 23.47% YoY) and the FY2026 annual result came in at $3.3 billion, up 29.73% from the prior year.
  • Current Deferred Revenue fell to $2.9 billion in Q2 2026 per SNOW's latest filing, from $3.3 billion in the prior quarter.
  • Over five years, Current Deferred Revenue peaked at $3.3 billion in Q1 2026 and troughed at $1.1 billion in Q2 2022.
  • A 5-year average of $1.9 billion and a median of $1.9 billion in 2024 frame the typical range for Current Deferred Revenue.
  • The sharpest annual moves came in 2022 and 2025: Current Deferred Revenue soared 81.3% in 2022, then climbed 17.34% in 2025.
  • Over 5 years, Current Deferred Revenue stood at $1.2 billion in 2022, then jumped by 33.83% to $1.6 billion in 2023, then rose by 23.0% to $2.0 billion in 2024, then rose by 22.72% to $2.4 billion in 2025, then advanced by 17.67% to $2.9 billion in 2026.
  • According to Business Quant data, Current Deferred Revenue over the past three periods registered $2.9 billion, $3.3 billion, and $2.4 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn
10 Datadog 91.70 Bn 86.71 Bn 881.34 Mn

Historic Data

Download Data
DateValue
Apr 30, 2026 2.85 Bn
Jan 31, 2026 3.35 Bn
Oct 31, 2025 2.42 Bn
Jul 31, 2025 2.27 Bn
Apr 30, 2025 2.31 Bn
Jan 31, 2025 2.58 Bn
Oct 31, 2024 1.97 Bn
Jul 31, 2024 1.85 Bn
Apr 30, 2024 1.94 Bn
Jan 31, 2024 2.20 Bn
Oct 31, 2023 1.61 Bn
Jul 31, 2023 1.52 Bn
Apr 30, 2023 1.56 Bn
Jan 31, 2023 1.67 Bn
Oct 31, 2022 1.20 Bn
Jul 31, 2022 1.14 Bn
Apr 30, 2022 1.13 Bn
Jan 31, 2022 1.16 Bn
Oct 31, 2021 759.74 Mn
Jul 31, 2021 701.76 Mn