Snowflake (SNOW) Depreciation and Depletion (2019 - 2026)
Snowflake's Depreciation and Depletion was $26.4 million in fiscal Q2 2027 (quarter ended Jul 31, 2026), down 2.2% from $27 million a year earlier and down 2.2% from the prior quarter.
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Analysis
Snowflake (SNOW) Depreciation and Depletion (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Snowflake's Depreciation and Depletion was $112 million through Jul 31, 2026, up 12.8% year-over-year; for FY2026 (ended Jan 31, 2026), it came in at $110.3 million, up 28.9% from FY2025.
- Depreciation and Depletion has now increased for seven consecutive fiscal years, with a five-year compound annual growth rate of 73.6% (FY2021 to FY2026).
- In earlier fiscal years, Depreciation and Depletion was $85.6 million in FY2025 (+127.1%), $37.7 million in FY2024 (+52.6%), $24.7 million in FY2023 (+80.3%) and $13.7 million in FY2022 (+95.7%).
- The fiscal Q2 2027 figure marks the lowest quarterly Depreciation and Depletion since fiscal Q1 2026.
- Compared with a year earlier, Depreciation and Depletion was higher in seven of the last eight quarters, with growth averaging 46.0%.
- The best year-over-year quarter for Depreciation and Depletion over five years was fiscal Q2 2025 (growth of 149.4%); the worst was fiscal Q2 2027 (a decline of 2.2%).
- Per Business Quant data, SNOW's Depreciation and Depletion in the three fiscal quarters before Q2 2027 was $27 million (Q1 2027), $29.5 million (Q4 2026) and $29.1 million (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 277.52 Bn | 262.59 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 249.50 Bn | 229.90 Bn | 1.10 Bn | - |
| 3 | Fortinet | 133.40 Bn | 119.33 Bn | 1.64 Bn | 31.50 Mn |
| 4 | Snowflake | 117.12 Bn | 104.44 Bn | 1.04 Bn | 26.40 Mn |
| 5 | Datadog | 94.86 Bn | 76.51 Bn | 881.34 Mn | - |
| 6 | Okta | 36.37 Bn | 26.46 Bn | 641.00 Mn | - |
| 7 | Zscaler | 35.35 Bn | 21.47 Bn | - | - |
| 8 | Axon Enterprise | 33.67 Bn | 28.19 Bn | 546.45 Mn | - |
| 9 | MongoDB | 29.54 Bn | 20.01 Bn | 569.77 Mn | - |
| 10 | F5 | 25.93 Bn | 20.34 Bn | 711.51 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 26.40 Mn |
| Apr 30, 2026 | 27.00 Mn |
| Jan 31, 2026 | 29.50 Mn |
| Oct 31, 2025 | 29.10 Mn |
| Jul 31, 2025 | 27.00 Mn |
| Apr 30, 2025 | 24.70 Mn |
| Jan 31, 2025 | 24.60 Mn |
| Oct 31, 2024 | 23.00 Mn |
| Jul 31, 2024 | 21.20 Mn |
| Apr 30, 2024 | 16.80 Mn |
| Jan 31, 2024 | 11.70 Mn |
| Oct 31, 2023 | 10.00 Mn |
| Jul 31, 2023 | 8.50 Mn |
| Apr 30, 2023 | 7.60 Mn |
| Jan 31, 2023 | 7.60 Mn |
| Oct 31, 2022 | 6.60 Mn |
| Jul 31, 2022 | 5.90 Mn |
| Apr 30, 2022 | 4.60 Mn |
| Jan 31, 2022 | 3.80 Mn |
| Oct 31, 2021 | 3.60 Mn |
API Access
Snowflake Depreciation and Depletion API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=SNOW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "ticker": "SNOW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=SNOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();