Snowflake (SNOW) Deferred Taxes (2022 - 2026)
Snowflake's (SNOW) quarterly Deferred Taxes came in at -$6.6 million in Q2 2026, down 692.24% quarter-over-quarter from $1.1 million in Q1 2026.
Snowflake (SNOW) Deferred Taxes (2022 - 2026) Analysis & Trends
Snowflake has disclosed Deferred Taxes across 5 years of filings, most recently posting -$6.6 million for Q2 2026.
- Deferred Taxes for Q2 2026 came in at -$6.6 million, changed N/A year-over-year; the trailing twelve-month figure through Apr 2026 was -$8.9 million (down 16.01% YoY), and the FY2026 annual result was -$2.3 million, up 69.53% from the prior year.
- Deferred Taxes came in at -$6.6 million for Q2 2026 at Snowflake, down 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.
- The 5-year median for Deferred Taxes is -$2.4 million (2023), against an average of -$5.1 million.
- Across the five-year window, Deferred Taxes tumbled 7130.61% in 2025 and soared 115.52% in 2026, its largest moves.
- Snowflake's Deferred Taxes stood at $1.4 million in 2022, then sank by 115.36% to -$213000.0 in 2023, then sank by 172.77% to -$581000.0 in 2024, then sank by 492.94% to -$3.4 million in 2025, then plunged by 90.48% to -$6.6 million in 2026.
- The last three Deferred Taxes figures came in at -$6.6 million (Q2 2026), $1.1 million (Q1 2026), and -$3.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (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 | 106.00 Mn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 139.00 Mn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | - |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 73.13 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | -102.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 54.30 Mn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 47.00 Mn |
| 10 | Snowflake | 82.57 Bn | 79.61 Bn | 926.45 Mn | -6.56 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |