Snowflake (SNOW) Interest Coverage Ratio (2024 - 2026)
Snowflake's (SNOW) quarterly Interest Coverage Ratio came in at 126.37 in Q3 2026, up 22.98% year-over-year from 102.75 in Q3 2025, and up 19.41% quarter-over-quarter from 156.8 in Q2 2026.
Snowflake (SNOW) Interest Coverage Ratio (2024 - 2026) Analysis & Trends
Snowflake has disclosed Interest Coverage Ratio across 3 years of filings, most recently posting 126.37 for Q3 2026.
- In Q3 2026, Interest Coverage Ratio rose 22.98% year-over-year to 126.37; the TTM figure through Jul 2026 stood at 148.76 (up 33.3% YoY), while the FY2026 annual figure was 172.95, up 67.23% from the prior year.
- Interest Coverage Ratio came in at 126.37 for Q3 2026 at Snowflake, up from 156.8 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 126.37 in Q3 2026 to a low of 530.42 in Q4 2024.
- Average Interest Coverage Ratio over 3 years is 211.54, with a median of 161.42 recorded in 2025.
- Year-over-year, Interest Coverage Ratio surged 70.06% in 2025 and grew 18.04% in 2026.
- Over 3 years, Interest Coverage Ratio stood at 530.42 in 2024, then surged by 70.06% to 158.78 in 2025, then gained by 20.42% to 126.37 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 126.37 in Q3 2026, 156.8 in Q2 2026, and 153.11 in Q1 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 320.54 Bn | 317.47 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 268.77 Bn | 263.80 Bn | 1.10 Bn | -5.50 |
| 3 | Fortinet | 131.12 Bn | 127.05 Bn | 1.64 Bn | 215.41 |
| 4 | Snowflake | 118.02 Bn | 115.67 Bn | 1.04 Bn | -126.37 |
| 5 | Datadog | 90.27 Bn | 85.29 Bn | 881.34 Mn | 1.68 |
| 6 | Axon Enterprise | 36.61 Bn | 35.93 Bn | 546.45 Mn | 1.66 |
| 7 | Zscaler | 34.97 Bn | 31.49 Bn | - | - |
| 8 | MongoDB | 34.51 Bn | 32.10 Bn | 569.77 Mn | 30.74 |
| 9 | Okta | 34.32 Bn | 32.02 Bn | 641.00 Mn | 5.63 |
| 10 | Baidu | 30.55 Bn | 8.15 Bn | 1.76 Mn | 4.97 |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -126.37 |
| Apr 30, 2026 | -156.80 |
| Jan 31, 2026 | -153.11 |
| Oct 31, 2025 | -158.78 |
| Jul 31, 2025 | -164.07 |
| Apr 30, 2025 | -215.96 |
| Jan 31, 2025 | -186.80 |
| Oct 31, 2024 | -530.42 |
Snowflake Interest Coverage Ratio 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=interest-coverage-ratio&ticker=SNOW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=SNOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();