Growth Metrics

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 🔒
DateValue
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