Snowflake (SNOW) Operating Expenses (2019 - 2026)

Snowflake has disclosed Operating Expenses across 8 years of filings, most recently posting $1.3 billion for Q2 2026.

• Operating Expenses for Q2 2026 came in at $1.3 billion, up 9.83% year-over-year; the trailing twelve-month figure through Apr 2026 was $4.7 billion (up 14.37% YoY), and the FY2026 annual result was $4.6 billion, up 18.45% from the prior year.
• Operating Expenses came in at $1.3 billion for Q2 2026 at Snowflake, up from $1.2 billion in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $1.3 billion in Q2 2026 to a low of $401.6 million in Q1 2022.
• The 5-year median for Operating Expenses is $856.6 million (2024), against an average of $849.8 million.
• Across the five-year window, Operating Expenses surged 55.15% in 2023 and gained 9.83% in 2026, its largest moves.
• Snowflake's Operating Expenses stood at $572.3 million in 2022, then jumped by 33.81% to $765.8 million in 2023, then gained by 28.83% to $986.7 million in 2024, then rose by 16.71% to $1.2 billion in 2025, then gained by 8.78% to $1.3 billion in 2026.
• The last three Operating Expenses figures came in at $1.3 billion (Q2 2026), $1.2 billion (Q1 2026), and $1.2 billion (Q4 2025), per Business Quant data.