Growth Metrics

Snowflake (SNOW) Current Leases (2020 - 2026)

Snowflake recorded quarterly Current Leases of $49.6 million in Q1 2026, up 23.35% quarter-over-quarter from $40.2 million in Q4 2025, and up 38.07% year-over-year from $35.9 million in Q1 2025.

Snowflake's Current Leases history runs 7 years deep, the most recent figure standing at $49.6 million for Q1 2026.

  • In Q1 2026, Current Leases rose 38.07% year-over-year to $49.6 million; the TTM figure through Jan 2026 stood at $49.6 million (up 38.07% YoY), while the FY2026 annual figure was $49.6 million, up 38.07% from the prior year.
  • Current Leases came in at $49.6 million for Q1 2026 at Snowflake, up from $40.2 million in the prior quarter.
  • In the past five years, Current Leases ranged from a high of $49.6 million in Q1 2026 to a low of $25.1 million in Q1 2022.
  • A 5-year average of $33.5 million and a median of $33.3 million in 2023 frame the typical range for Current Leases.
  • Across the five-year window, Current Leases slipped 2.96% in 2024 and soared 38.07% in 2026, its largest moves.
  • Snowflake's Current Leases stood at $29.3 million in 2022, then grew by 13.96% to $33.3 million in 2023, then rose by 14.81% to $38.3 million in 2024, then rose by 5.01% to $40.2 million in 2025, then climbed by 23.35% to $49.6 million in 2026.
  • According to Business Quant data, Current Leases over the past three periods registered $49.6 million, $40.2 million, and $38.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn -
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 548.00 Mn
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 195.00 Mn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn 16.00 Mn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 118.00 Mn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn -
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 84.00 Mn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn -
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn -
10 Snowflake 58.12 Bn 54.92 Bn 857.66 Mn 49.60 Mn

Historic Data

Download Data 🔒
DateValue
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
Apr 30, 2021 20.73 Mn
Jan 31, 2021 19.65 Mn
Oct 31, 2020 19.33 Mn
Jan 31, 2020 18.09 Mn