Snowflake (SNOW) Deferred Taxes (2022 - 2026)

Snowflake (SNOW) reported Deferred Taxes of -$6.6 million for Q2 2026, down 692.24% sequentially from $1.1 million in Q1 2026.

Snowflake (SNOW) Deferred Taxes (2022 - 2026) Analysis & Trends

Snowflake (SNOW) has 5 years of Deferred Taxes data on file, last reported at -$6.6 million in Q2 2026.

  • For the quarter ending Q2 2026, Deferred Taxes changed N/A year-over-year to -$6.6 million; the trailing twelve-month figure through Apr 2026 stood at -$8.9 million (down 16.01% YoY), and the FY2026 full-year result was -$2.3 million, up 69.53% from the prior year.
  • Deferred Taxes retreated to -$6.6 million in Q2 2026, from $1.1 million in the prior quarter.
  • In the past five years, Deferred Taxes ranged from a high of $1.4 million in Q4 2022 to a low of -$26.7 million in Q2 2022.
  • A 5-year average of -$5.1 million and a median of -$2.4 million in 2023 frame the typical range for Deferred Taxes.
  • Across the five-year window, Deferred Taxes sank 7130.61% in 2025 and soared 115.52% in 2026, its largest moves.
  • Tracing SNOW's Deferred Taxes over 5 years: stood at $1.4 million in 2022, then slumped by 115.36% to -$213000.0 in 2023, then slumped by 172.77% to -$581000.0 in 2024, then slumped by 492.94% to -$3.4 million in 2025, then sank by 90.48% to -$6.6 million in 2026.
  • Business Quant data shows SNOW's Deferred Taxes at -$6.6 million in Q2 2026, $1.1 million in Q1 2026, and -$3.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 936.60 Mn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 139.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 106.00 Mn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn -
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn -36.00 Mn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 54.30 Mn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -6.56 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 73.13 Mn
10 Datadog 86.34 Bn 81.58 Bn 797.20 Mn -

Historic Data

Download Data
DateValue
Apr 30, 2026 -6.56 Mn
Jan 31, 2026 1.11 Mn
Jul 31, 2025 -3.45 Mn
Jan 31, 2025 -7.14 Mn
Oct 31, 2024 -581,000.00
Jul 31, 2024 49,000.00
Jan 31, 2024 -13.66 Mn
Oct 31, 2023 -213,000.00
Jul 31, 2023 -4.03 Mn
Apr 30, 2023 -8.87 Mn
Jan 31, 2023 -1.39 Mn
Oct 31, 2022 1.39 Mn
Apr 30, 2022 -26.66 Mn
Jan 31, 2022 -717,000.00