Snowflake (SNOW) Operating Leases (2020 - 2026)

Snowflake's Operating Leases history runs 7 years deep, the most recent figure standing at $461.3 million for Q1 2026.

• In Q1 2026, Operating Leases rose 22.09% year-over-year to $461.3 million; the TTM figure through Jan 2026 stood at $461.3 million (up 22.09% YoY), while the FY2026 annual figure was $461.3 million, up 22.09% from the prior year.
• Operating Leases came in at $461.3 million for Q1 2026 at Snowflake, up from $367.7 million in the prior quarter.
• In the past five years, Operating Leases ranged from a high of $461.3 million in Q1 2026 to a low of $179.3 million in Q2 2022.
• A 5-year average of $282.3 million and a median of $254.0 million in 2024 frame the typical range for Operating Leases.
• Across the five-year window, Operating Leases retreated 2.0% in 2022 and jumped 52.35% in 2025, its largest moves.
• Snowflake's Operating Leases stood at $225.0 million in 2022, then advanced by 12.45% to $253.0 million in 2023, then advanced by 13.77% to $287.9 million in 2024, then grew by 27.71% to $367.7 million in 2025, then advanced by 25.47% to $461.3 million in 2026.
• According to Business Quant data, Operating Leases over the past three periods registered $461.3 million, $367.7 million, and $378.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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