Snowflake (SNOW) Operating Leases (2020 - 2026)
Snowflake (SNOW) reported Operating Leases of $434.4 million for Q2 2026, up 15.21% on a YoY basis from $377.1 million in Q2 2025, and up 5.52% sequentially from $411.7 million in Q1 2026.
Snowflake (SNOW) Operating Leases (2020 - 2026) Analysis & Trends
Snowflake (SNOW) has 7 years of Operating Leases data on file, last reported at $434.4 million in Q2 2026.
- For the quarter ending Q2 2026, Operating Leases rose 15.21% year-over-year to $434.4 million; the trailing twelve-month figure through Apr 2026 stood at $434.4 million (up 15.21% YoY), and the FY2026 full-year result was $411.7 million, up 8.96% from the prior year.
- Operating Leases advanced to $434.4 million in Q2 2026, from $411.7 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $434.4 million in Q2 2026 to a low of $179.3 million in Q2 2022.
- A 5-year average of $288.0 million and a median of $258.5 million in 2023 frame the typical range for Operating Leases.
- Across the five-year window, Operating Leases fell 2.0% in 2022 and soared 52.35% in 2025, its largest moves.
- Tracing SNOW's Operating Leases over 5 years: 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 advanced by 27.71% to $367.7 million in 2025, then gained by 18.16% to $434.4 million in 2026.
- Business Quant data shows SNOW's Operating Leases at $434.4 million in Q2 2026, $411.7 million in Q1 2026, and $367.7 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn |
| 10 | Datadog | 86.34 Bn | 81.58 Bn | 797.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 434.41 Mn |
| Jan 31, 2026 | 411.69 Mn |
| Oct 31, 2025 | 367.66 Mn |
| Jul 31, 2025 | 378.55 Mn |
| Apr 30, 2025 | 377.07 Mn |
| Jan 31, 2025 | 377.82 Mn |
| Oct 31, 2024 | 287.88 Mn |
| Jul 31, 2024 | 279.97 Mn |
| Apr 30, 2024 | 247.50 Mn |
| Jan 31, 2024 | 254.04 Mn |
| Oct 31, 2023 | 253.03 Mn |
| Jul 31, 2023 | 263.01 Mn |
| Apr 30, 2023 | 225.65 Mn |
| Jan 31, 2023 | 224.36 Mn |
| Oct 31, 2022 | 225.01 Mn |
| Jul 31, 2022 | 215.15 Mn |
| Apr 30, 2022 | 179.25 Mn |
| Jan 31, 2022 | 181.20 Mn |
| Oct 31, 2021 | 178.70 Mn |
| Jul 31, 2021 | 174.26 Mn |