Snowflake (SNOW) Current Deferred Revenue (2020 - 2026)
Snowflake (SNOW) reported Current Deferred Revenue of $2.57 billion for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 13.2% from $2.27 billion a year earlier but down 9.9% from the prior quarter.
Snowflake (SNOW) Current Deferred Revenue (2020 - 2026) Analysis & Trends
At the end of FY2026 (ended Jan 31, 2026), Snowflake posted Current Deferred Revenue of $3.35 billion, up 29.7% from FY2025.
- Current Deferred Revenue has increased for six consecutive fiscal years, with a five-year compound annual growth rate of 39.3% (FY2021 to FY2026).
- By fiscal year, Current Deferred Revenue came in at $2.58 billion in FY2025 (+17.3%), $2.2 billion in FY2024 (+31.4%), $1.67 billion in FY2023 (+44.5%) and $1.16 billion in FY2022 (+81.3%).
- Five-year quarterly Current Deferred Revenue spans a low of $759.74 million in fiscal Q3 2022 and a high of $3.35 billion in fiscal Q4 2026.
- Year over year, Current Deferred Revenue has now increased in each of the last 20 quarters, with growth averaging 21.4% over the last eight quarters.
- Over the past five years, the year-over-year growth in Current Deferred Revenue ranged from 13.2% (fiscal Q2 2027) to 81.3% (fiscal Q4 2022).
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at $2.85 billion (Q1 2027), $3.35 billion (Q4 2026) and $2.42 billion (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 323.81 Bn | 308.88 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 271.09 Bn | 251.53 Bn | 1.10 Bn |
| 3 | Fortinet | 131.14 Bn | 117.07 Bn | 1.64 Bn |
| 4 | Snowflake | 119.71 Bn | 107.03 Bn | 1.04 Bn |
| 5 | Datadog | 98.30 Bn | 79.94 Bn | 881.34 Mn |
| 6 | Okta | 34.95 Bn | 25.05 Bn | 641.00 Mn |
| 7 | Axon Enterprise | 34.32 Bn | 28.85 Bn | 546.45 Mn |
| 8 | Zscaler | 32.52 Bn | 18.64 Bn | - |
| 9 | Baidu | 29.56 Bn | -44.07 Bn | 1.47 Mn |
| 10 | MongoDB | 28.08 Bn | 18.55 Bn | 569.77 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 2.57 Bn |
| 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 |
Snowflake Current Deferred 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=current-deferred-revenue&ticker=SNOW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-deferred-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=current-deferred-revenue&ticker=SNOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();