Snowflake (SNOW) Operating Expenses (2019 - 2026)

Snowflake's Operating Expenses history runs 8 years deep, the most recent figure standing at $1.2 billion for Q1 2026.

• In Q1 2026, Operating Expenses rose 13.03% year-over-year to $1.2 billion; the TTM figure through Jan 2026 stood at $4.6 billion (up 18.45% YoY), while the FY2026 annual figure was $4.6 billion, up 18.45% from the prior year.
• Operating Expenses came in at $1.2 billion for Q1 2026 at Snowflake, up from $1.2 billion in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $1.2 billion in Q1 2026 to a low of $401.6 million in Q1 2022.
• A 5-year average of $826.1 million and a median of $808.4 million in 2024 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses soared 55.15% in 2023 and climbed 13.03% in 2026, its largest moves.
• Snowflake's Operating Expenses stood at $572.3 million in 2022, then surged by 33.81% to $765.8 million in 2023, then advanced by 28.83% to $986.7 million in 2024, then gained by 16.71% to $1.2 billion in 2025, then grew by 2.11% to $1.2 billion in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $1.2 billion, $1.2 billion, and $1.1 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

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