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