Snowflake (SNOW) Current Leases (2020 - 2026)
Snowflake (SNOW) reported Current Leases of $55.8 million for Q2 2026, up 50.37% on a YoY basis from $37.1 million in Q2 2025, and up 12.47% sequentially from $49.6 million in Q1 2026.
Snowflake (SNOW) Current Leases (2020 - 2026) Analysis & Trends
Snowflake (SNOW) has 7 years of Current Leases data on file, last reported at $55.8 million in Q2 2026.
- For the quarter ending Q2 2026, Current Leases rose 50.37% year-over-year to $55.8 million; the trailing twelve-month figure through Apr 2026 stood at $55.8 million (up 50.37% YoY), and the FY2026 full-year result was $49.6 million, up 38.07% from the prior year.
- Current Leases improved to $55.8 million in Q2 2026, from $49.6 million in the prior quarter.
- In the past five years, Current Leases ranged from a high of $55.8 million in Q2 2026 to a low of $25.1 million in Q1 2022.
- A 5-year average of $34.7 million and a median of $33.6 million in 2023 frame the typical range for Current Leases.
- Across the five-year window, Current Leases decreased 2.96% in 2024 and jumped 50.37% in 2026, its largest moves.
- Tracing SNOW's Current Leases over 5 years: stood at $29.3 million in 2022, then advanced by 13.96% to $33.3 million in 2023, then grew by 14.81% to $38.3 million in 2024, then grew by 5.01% to $40.2 million in 2025, then jumped by 38.74% to $55.8 million in 2026.
- Business Quant data shows SNOW's Current Leases at $55.8 million in Q2 2026, $49.6 million in Q1 2026, and $40.2 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (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 | 16.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 195.00 Mn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 557.00 Mn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 114.00 Mn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | - |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 55.78 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 | 41.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 55.78 Mn |
| Jan 31, 2026 | 49.60 Mn |
| Oct 31, 2025 | 40.21 Mn |
| Jul 31, 2025 | 38.11 Mn |
| Apr 30, 2025 | 37.10 Mn |
| Jan 31, 2025 | 35.92 Mn |
| Oct 31, 2024 | 38.29 Mn |
| Jul 31, 2024 | 32.84 Mn |
| Apr 30, 2024 | 30.94 Mn |
| Jan 31, 2024 | 33.94 Mn |
| Oct 31, 2023 | 33.35 Mn |
| Jul 31, 2023 | 33.85 Mn |
| Apr 30, 2023 | 29.19 Mn |
| Jan 31, 2023 | 27.30 Mn |
| Oct 31, 2022 | 29.26 Mn |
| Jul 31, 2022 | 26.61 Mn |
| Apr 30, 2022 | 27.30 Mn |
| Jan 31, 2022 | 25.10 Mn |
| Oct 31, 2021 | 25.19 Mn |
| Jul 31, 2021 | 20.64 Mn |