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| 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 |