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
DateValue
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