Snowflake (SNOW) Research & Development (2019 - 2026)
Snowflake's (SNOW) quarterly Research & Development came in at $534.9 million in Q2 2026, up 13.24% year-on-year from $472.4 million in Q2 2025, and up 4.68% quarter-over-quarter from $511.0 million in Q1 2026.
Snowflake (SNOW) Research & Development (2019 - 2026) Analysis & Trends
Snowflake has disclosed Research & Development across 8 years of filings, most recently posting $534.9 million for Q2 2026.
- Research & Development for Q2 2026 came in at $534.9 million, up 13.24% year-over-year; the trailing twelve-month figure through Apr 2026 was $2.0 billion (up 10.14% YoY), and the FY2026 annual result was $2.0 billion, up 10.43% from the prior year.
- Research & Development came in at $534.9 million for Q2 2026 at Snowflake, up from $511.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $534.9 million in Q2 2026 to a low of $123.1 million in Q1 2022.
- The 5-year median for Research & Development is $387.6 million (2024), against an average of $360.4 million.
- Across the five-year window, Research & Development jumped 96.61% in 2023 and gained 3.77% in 2026, its largest moves.
- Snowflake's Research & Development stood at $211.4 million in 2022, then jumped by 57.09% to $332.1 million in 2023, then surged by 33.24% to $442.4 million in 2024, then climbed by 11.66% to $494.0 million in 2025, then gained by 8.28% to $534.9 million in 2026.
- The last three Research & Development figures came in at $534.9 million (Q2 2026), $511.0 million (Q1 2026), and $494.0 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -37.02 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 951.00 Mn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 437.00 Mn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 1.63 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 508.44 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 823.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 253.90 Mn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 1.20 Bn |
| 10 | Snowflake | 82.57 Bn | 79.61 Bn | 926.45 Mn | 534.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 534.94 Mn |
| Jan 31, 2026 | 511.04 Mn |
| Oct 31, 2025 | 494.03 Mn |
| Jul 31, 2025 | 492.00 Mn |
| Apr 30, 2025 | 472.40 Mn |
| Jan 31, 2025 | 492.49 Mn |
| Oct 31, 2024 | 442.44 Mn |
| Jul 31, 2024 | 437.66 Mn |
| Apr 30, 2024 | 410.79 Mn |
| Jan 31, 2024 | 364.48 Mn |
| Oct 31, 2023 | 332.07 Mn |
| Jul 31, 2023 | 314.00 Mn |
| Apr 30, 2023 | 277.41 Mn |
| Jan 31, 2023 | 242.13 Mn |
| Oct 31, 2022 | 211.39 Mn |
| Jul 31, 2022 | 183.75 Mn |
| Apr 30, 2022 | 150.80 Mn |
| Jan 31, 2022 | 123.15 Mn |
| Oct 31, 2021 | 115.90 Mn |
| Jul 31, 2021 | 118.09 Mn |