Snowflake (SNOW) Invested Capital (2019 - 2026)
Snowflake recorded quarterly Invested Capital of $1.9 billion in Q1 2026, down 9.79% quarter-over-quarter from $2.1 billion in Q4 2025, and down 36.0% year-over-year from $3.0 billion in Q1 2025.
Snowflake's Invested Capital history runs 8 years deep, the most recent figure standing at $1.9 billion for Q1 2026.
- In Q1 2026, Invested Capital fell 36.0% year-over-year to $1.9 billion; the TTM figure through Jan 2026 stood at $1.9 billion (down 36.0% YoY), while the FY2026 annual figure was $1.9 billion, down 36.0% from the prior year.
- Invested Capital came in at $1.9 billion for Q1 2026 at Snowflake, down from $2.1 billion in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $5.5 billion in Q1 2023 to a low of $1.9 billion in Q1 2026.
- A 5-year average of $4.2 billion and a median of $4.9 billion in 2023 frame the typical range for Invested Capital.
- Across the five-year window, Invested Capital increased 10.08% in 2022 and plunged 47.13% in 2025, its largest moves.
- Snowflake's Invested Capital stood at $5.4 billion in 2022, then decreased by 8.9% to $4.9 billion in 2023, then slumped by 40.61% to $2.9 billion in 2024, then slipped by 27.31% to $2.1 billion in 2025, then declined by 9.79% to $1.9 billion in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered $1.9 billion, $2.1 billion, and $2.4 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 282.26 Bn | 264.29 Bn | 8.16 Bn | 53.11 Bn |
| 2 | Salesforce | 200.18 Bn | 190.62 Bn | 8.56 Bn | 73.52 Bn |
| 3 | Shopify | 161.79 Bn | 156.05 Bn | 1.55 Bn | 12.50 Bn |
| 4 | Uber Technologies | 152.47 Bn | 151.43 Bn | 11.88 Bn | 24.75 Bn |
| 5 | ServiceNow | 141.09 Bn | 135.91 Bn | 2.83 Bn | 11.73 Bn |
| 6 | Adobe | 112.82 Bn | 105.93 Bn | 5.73 Bn | 16.81 Bn |
| 7 | Cadence Design Systems | 112.41 Bn | 111.00 Bn | 1.26 Bn | 6.99 Bn |
| 8 | Intuit | 98.15 Bn | 91.37 Bn | 6.77 Bn | 26.79 Bn |
| 9 | Datadog | 98.15 Bn | 93.39 Bn | 797.20 Mn | 3.99 Bn |
| 10 | Snowflake | 95.95 Bn | 92.75 Bn | 926.45 Mn | 1.94 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 1.94 Bn |
| Jan 31, 2026 | 1.92 Bn |
| Oct 31, 2025 | 2.13 Bn |
| Jul 31, 2025 | 2.38 Bn |
| Apr 30, 2025 | 2.41 Bn |
| Jan 31, 2025 | 3.01 Bn |
| Oct 31, 2024 | 2.93 Bn |
| Jul 31, 2024 | 4.14 Bn |
| Apr 30, 2024 | 4.57 Bn |
| Jan 31, 2024 | 5.19 Bn |
| Oct 31, 2023 | 4.94 Bn |
| Jul 31, 2023 | 5.30 Bn |
| Apr 30, 2023 | 5.30 Bn |
| Jan 31, 2023 | 5.47 Bn |
| Oct 31, 2022 | 5.42 Bn |
| Jul 31, 2022 | 5.43 Bn |
| Apr 30, 2022 | 5.46 Bn |
| Jan 31, 2022 | 5.05 Bn |
| Oct 31, 2021 | 5.01 Bn |
| Jul 31, 2021 | 4.96 Bn |
| Apr 30, 2021 | 4.96 Bn |
| Jan 31, 2021 | 4.94 Bn |
| Oct 31, 2020 | 4.97 Bn |
| Jul 31, 2020 | -651.40 Mn |
| Apr 30, 2020 | -604.05 Mn |
| Jan 31, 2020 | -544.76 Mn |
| Oct 31, 2019 | -489.44 Mn |