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
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