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

Snowflake (SNOW) Operating Leases (2020 - 2026)

Snowflake's (SNOW) quarterly Operating Leases came in at $420.0 million in Q3 2026, up 10.96% year-over-year from $378.5 million in Q3 2025, and down 3.31% quarter-over-quarter from $434.4 million in Q2 2026.

Analysis

Snowflake (SNOW) Operating Leases (2020 - 2026) Analysis & Trends

Snowflake has disclosed Operating Leases across 7 years of filings, most recently posting $420.0 million for Q3 2026.

  • In Q3 2026, Operating Leases rose 10.96% year-over-year to $420.0 million; the TTM figure through Jul 2026 stood at $420.0 million (up 10.96% YoY), while the FY2026 annual figure was $411.7 million, up 8.96% from the prior year.
  • Operating Leases came in at $420.0 million for Q3 2026 at Snowflake, down from $434.4 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.
  • Average Operating Leases over 5 years is $294.9 million, with a median of $263.0 million recorded in 2023.
  • Year-over-year, Operating Leases retreated 2.0% in 2022 and jumped 52.35% in 2025.
  • Over 5 years, Operating Leases stood at $225.0 million in 2022, then gained by 12.45% to $253.0 million in 2023, then gained by 13.77% to $287.9 million in 2024, then climbed by 27.71% to $367.7 million in 2025, then increased by 14.25% to $420.0 million in 2026.
  • Per Business Quant data, the three most recent Operating Leases figures were $420.0 million in Q3 2026, $434.4 million in Q2 2026, and $411.7 million in Q1 2026.
Peer Set

Peer Comparison

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

Historic Data

Download Data
DateValue
Jul 31, 2026 420.04 Mn
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