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| Date | Value |
|---|---|
| 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 |