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Snowflake (SNOW) Operating Leases (2020 - 2026)

Snowflake (SNOW) has disclosed Operating Leases for 7 consecutive years, with $411.7 million as the latest value for Q1 2026.

  • Quarterly Operating Leases rose 8.96% to $411.7 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $411.7 million through Jan 2026, up 8.96% year-over-year, with the annual reading at $411.7 million for FY2026, 8.96% up from the prior year.
  • Operating Leases hit $411.7 million in Q1 2026 for Snowflake, up from $367.7 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $411.7 million in Q1 2026 to a low of $179.3 million in Q2 2022.
  • Historically, Operating Leases has averaged $279.3 million across 5 years, with a median of $254.0 million in 2024.
  • Biggest five-year swings in Operating Leases: decreased 2.0% in 2022 and later surged 52.35% in 2025.
  • Year by year, Operating Leases stood at $225.0 million in 2022, then rose by 12.45% to $253.0 million in 2023, then rose by 13.77% to $287.9 million in 2024, then increased by 27.71% to $367.7 million in 2025, then grew by 11.98% to $411.7 million in 2026.
  • Business Quant data shows Operating Leases for SNOW at $411.7 million in Q1 2026, $367.7 million in Q4 2025, and $378.5 million in Q3 2025.