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

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

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

Snowflake (SNOW) has 7 years of Current Deferred Revenue data on file, last reported at $2.9 billion in Q2 2026.

  • For the quarter ending Q2 2026, Current Deferred Revenue rose 23.47% year-over-year to $2.9 billion; the trailing twelve-month figure through Apr 2026 stood at $2.9 billion (up 23.47% YoY), and the FY2026 full-year result was $3.3 billion, up 29.73% from the prior year.
  • Current Deferred Revenue fell to $2.9 billion in Q2 2026, from $3.3 billion in the prior quarter.
  • In the past five years, Current Deferred Revenue ranged from a high of $3.3 billion in Q1 2026 to a low of $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.
  • Across the five-year window, Current Deferred Revenue jumped 81.3% in 2022 and gained 17.34% in 2025, its largest moves.
  • Tracing SNOW's Current Deferred Revenue over 5 years: stood at $1.2 billion in 2022, then jumped by 33.83% to $1.6 billion in 2023, then climbed by 23.0% to $2.0 billion in 2024, then climbed by 22.72% to $2.4 billion in 2025, then increased by 17.67% to $2.9 billion in 2026.
  • Business Quant data shows SNOW's Current Deferred Revenue at $2.9 billion in Q2 2026, $3.3 billion in Q1 2026, and $2.4 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn
10 Datadog 86.34 Bn 81.58 Bn 797.20 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