Snowflake SNOW
NYSE SNOW
$337.27 -19.29 (-5.41%)
At close: Sep 4, 2026 · 4:00 PM EDT

Snowflake (SNOW) Operating Expenses (2019 - 2026)

Snowflake's (SNOW) quarterly Operating Expenses came in at $1.3 billion in Q3 2026, up 16.73% year-over-year from $1.1 billion in Q3 2025, and up 3.76% quarter-over-quarter from $1.3 billion in Q2 2026.

Analysis

Snowflake (SNOW) Operating Expenses (2019 - 2026) Analysis & Trends

Snowflake has disclosed Operating Expenses across 8 years of filings, most recently posting $1.3 billion for Q3 2026.

  • In Q3 2026, Operating Expenses rose 16.73% year-over-year to $1.3 billion; the TTM figure through Jul 2026 stood at $4.9 billion (up 13.99% YoY), while the FY2026 annual figure was $4.6 billion, up 18.45% from the prior year.
  • Operating Expenses came in at $1.3 billion for Q3 2026 at Snowflake, up from $1.3 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $1.3 billion in Q3 2026 to a low of $401.6 million in Q1 2022.
  • Average Operating Expenses over 5 years is $873.5 million, with a median of $904.8 million recorded in 2024.
  • Year-over-year, Operating Expenses soared 55.15% in 2023 and advanced 9.83% in 2026.
  • Over 5 years, 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 advanced by 12.87% to $1.3 billion in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $1.3 billion in Q3 2026, $1.3 billion in Q2 2026, and $1.2 billion in Q1 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Snowflake 118.87 Bn 116.53 Bn 1.04 Bn 1.30 Bn
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 1.30 Bn
Apr 30, 2026 1.25 Bn
Jan 31, 2026 1.18 Bn
Oct 31, 2025 1.15 Bn
Jul 31, 2025 1.11 Bn
Apr 30, 2025 1.14 Bn
Jan 31, 2025 1.04 Bn
Oct 31, 2024 986.66 Mn
Jul 31, 2024 936.05 Mn
Apr 30, 2024 904.76 Mn
Jan 31, 2024 808.40 Mn
Oct 31, 2023 765.85 Mn
Jul 31, 2023 741.03 Mn
Apr 30, 2023 687.42 Mn
Jan 31, 2023 623.11 Mn
Oct 31, 2022 572.33 Mn
Jul 31, 2022 531.75 Mn
Apr 30, 2022 463.21 Mn
Jan 31, 2022 401.62 Mn
Oct 31, 2021 370.93 Mn