Snowflake (SNOW) Leases (2020 - 2026)

Snowflake's Leases history runs 7 years deep, the most recent figure standing at $274.9 million for Q1 2026.

• In Q1 2026, Leases fell 23.52% year-over-year to $274.9 million; the TTM figure through Jan 2026 stood at $274.9 million (down 23.52% YoY), while the FY2026 annual figure was $274.9 million, down 23.52% from the prior year.
• Leases came in at $274.9 million for Q1 2026 at Snowflake, up from $254.6 million in the prior quarter.
• In the past five years, Leases ranged from a high of $359.4 million in Q1 2025 to a low of $188.9 million in Q2 2022.
• A 5-year average of $251.6 million and a median of $254.2 million in 2023 frame the typical range for Leases.
• Across the five-year window, Leases surged 42.56% in 2025 and decreased 23.52% in 2026, its largest moves.
• Snowflake's Leases stood at $234.7 million in 2022, then rose by 8.33% to $254.2 million in 2023, then rose by 10.42% to $280.7 million in 2024, then fell by 9.29% to $254.6 million in 2025, then climbed by 7.95% to $274.9 million in 2026.
• According to Business Quant data, Leases over the past three periods registered $274.9 million, $254.6 million, and $262.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison