Snowflake (SNOW) Research & Development (2019 - 2026)
Snowflake (SNOW) reported Research & Development of $589.0 million for Q2 2026, up 28.44% on a YoY basis from $458.6 million in Q2 2025, and up 28.42% sequentially from $458.6 million in Q1 2026.
Snowflake (SNOW) Research & Development (2019 - 2026) Analysis & Trends
Snowflake (SNOW) has 8 years of Research & Development data on file, last reported at $589.0 million in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 28.44% year-over-year to $589.0 million; the trailing twelve-month figure through Apr 2026 stood at $2.0 billion (up 8.55% YoY), and the FY2026 full-year result was $2.0 billion, up 10.43% from the prior year.
- Research & Development improved to $589.0 million in Q2 2026, from $458.6 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $589.0 million in Q2 2026 to a low of -$73.7 million in Q1 2022.
- A 5-year average of $355.6 million and a median of $382.9 million in 2023 frame the typical range for Research & Development.
- Across the five-year window, Research & Development sank 121.99% in 2022 and surged 428.32% in 2023, its largest moves.
- Tracing SNOW's Research & Development over 5 years: stood at $211.4 million in 2022, then surged by 67.98% to $355.1 million in 2023, then gained by 24.6% to $442.4 million in 2024, then advanced by 11.66% to $494.0 million in 2025, then advanced by 19.21% to $589.0 million in 2026.
- Business Quant data shows SNOW's Research & Development at $589.0 million in Q2 2026, $458.6 million in Q1 2026, and $494.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -37.02 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 496.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 1.33 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 3.77 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 1.37 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 253.90 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 588.95 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 508.44 Mn |
| 10 | Datadog | 86.34 Bn | 81.58 Bn | 797.20 Mn | 435.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 588.95 Mn |
| Jan 31, 2026 | 458.60 Mn |
| Oct 31, 2025 | 494.03 Mn |
| Jul 31, 2025 | 501.96 Mn |
| Apr 30, 2025 | 458.55 Mn |
| Jan 31, 2025 | 543.97 Mn |
| Oct 31, 2024 | 442.44 Mn |
| Jul 31, 2024 | 437.66 Mn |
| Apr 30, 2024 | 410.79 Mn |
| Jan 31, 2024 | 258.02 Mn |
| Oct 31, 2023 | 355.08 Mn |
| Jul 31, 2023 | 314.00 Mn |
| Apr 30, 2023 | 331.56 Mn |
| Jan 31, 2023 | 242.13 Mn |
| Oct 31, 2022 | 211.39 Mn |
| Jul 31, 2022 | 274.65 Mn |
| Apr 30, 2022 | 150.80 Mn |
| Jan 31, 2022 | -73.75 Mn |
| Oct 31, 2021 | 190.97 Mn |
| Jul 31, 2021 | 182.90 Mn |