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
DateValue
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