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
DateValue
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