Snowflake (SNOW) Current Leases (2020 - 2026)

Snowflake's (SNOW) quarterly Current Leases came in at $55.8 million in Q2 2026, up 50.37% year-on-year from $37.1 million in Q2 2025, and up 12.47% quarter-over-quarter from $49.6 million in Q1 2026.

Snowflake (SNOW) Current Leases (2020 - 2026) Analysis & Trends

Snowflake has disclosed Current Leases across 7 years of filings, most recently posting $55.8 million for Q2 2026.

  • Current Leases for Q2 2026 came in at $55.8 million, up 50.37% year-over-year; the trailing twelve-month figure through Apr 2026 was $55.8 million (up 50.37% YoY), and the FY2026 annual result was $49.6 million, up 38.07% from the prior year.
  • Current Leases came in at $55.8 million for Q2 2026 at Snowflake, up 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.
  • The 5-year median for Current Leases is $33.6 million (2023), against an average of $34.7 million.
  • Across the five-year window, Current Leases decreased 2.96% in 2024 and jumped 50.37% in 2026, its largest moves.
  • Snowflake's Current Leases stood at $29.3 million in 2022, then climbed by 13.96% to $33.3 million in 2023, then increased by 14.81% to $38.3 million in 2024, then increased by 5.01% to $40.2 million in 2025, then surged by 38.74% to $55.8 million in 2026.
  • The last three Current Leases figures came in at $55.8 million (Q2 2026), $49.6 million (Q1 2026), and $40.2 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn -
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 195.00 Mn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 16.00 Mn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 557.00 Mn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn -
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 118.00 Mn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn -
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 91.00 Mn
10 Snowflake 82.57 Bn 79.61 Bn 926.45 Mn 55.78 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