Snowflake (SNOW) Operating Leases (2020 - 2026)
Snowflake (SNOW) posted Operating Leases of $434.4 million for Q2 2026, up 5.52% sequentially from $411.7 million in Q1 2026, and up 15.21% YoY from $377.1 million in Q2 2025.
Snowflake (SNOW) Operating Leases (2020 - 2026) Analysis & Trends
Snowflake has reported Operating Leases for 7 years, with the latest figure at $434.4 million in Q2 2026.
- Quarterly Operating Leases rose 15.21% year-over-year to $434.4 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $434.4 million (up 15.21% YoY) and the FY2026 annual result came in at $411.7 million, up 8.96% from the prior year.
- Operating Leases advanced to $434.4 million in Q2 2026 per SNOW's latest filing, from $411.7 million in the prior quarter.
- Over five years, Operating Leases peaked at $434.4 million in Q2 2026 and troughed at $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.
- The sharpest annual moves came in 2022 and 2025: Operating Leases decreased 2.0% in 2022, then surged 52.35% in 2025.
- Over 5 years, Operating Leases stood at $225.0 million in 2022, then climbed by 12.45% to $253.0 million in 2023, then climbed by 13.77% to $287.9 million in 2024, then increased by 27.71% to $367.7 million in 2025, then grew by 18.16% to $434.4 million in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $434.4 million, $411.7 million, and $367.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn |
| 10 | Datadog | 91.70 Bn | 86.71 Bn | 881.34 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 |