Snowflake (SNOW) Research & Development (2019 - 2026)

Snowflake has reported Research & Development for 8 years, with the latest figure at $589.0 million in Q2 2026.

• Quarterly Research & Development rose 28.44% year-over-year to $589.0 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $2.0 billion (up 8.55% YoY) and the FY2026 annual result came in at $2.0 billion, up 10.43% from the prior year.
• Research & Development improved to $589.0 million in Q2 2026 per SNOW's latest filing, from $458.6 million in the prior quarter.
• Over five years, Research & Development peaked at $589.0 million in Q2 2026 and troughed at -$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.
• The sharpest annual moves came in 2022 and 2023: Research & Development tumbled 121.99% in 2022, then jumped 428.32% in 2023.
• Over 5 years, Research & Development stood at $211.4 million in 2022, then surged by 67.98% to $355.1 million in 2023, then grew by 24.6% to $442.4 million in 2024, then increased by 11.66% to $494.0 million in 2025, then increased by 19.21% to $589.0 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered $589.0 million, $458.6 million, and $494.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.