Snowflake (SNOW) Research & Development (2019 - 2026)
Snowflake recorded quarterly Research & Development of $511.0 million in Q1 2026, up 3.44% quarter-over-quarter from $494.0 million in Q4 2025, and up 3.77% year-over-year from $492.5 million in Q1 2025.
Snowflake's Research & Development history runs 8 years deep, the most recent figure standing at $511.0 million for Q1 2026.
- In Q1 2026, Research & Development rose 3.77% year-over-year to $511.0 million; the TTM figure through Jan 2026 stood at $2.0 billion (up 10.43% YoY), while the FY2026 annual figure was $2.0 billion, up 10.43% from the prior year.
- Research & Development came in at $511.0 million for Q1 2026 at Snowflake, up from $494.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $511.0 million in Q1 2026 to a low of $123.1 million in Q1 2022.
- A 5-year average of $350.1 million and a median of $364.5 million in 2024 frame the typical range for Research & Development.
- Across the five-year window, Research & Development surged 96.61% in 2023 and advanced 3.77% in 2026, its largest moves.
- Snowflake's Research & Development stood at $211.4 million in 2022, then surged by 57.09% to $332.1 million in 2023, then soared by 33.24% to $442.4 million in 2024, then grew by 11.66% to $494.0 million in 2025, then rose by 3.44% to $511.0 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $511.0 million, $494.0 million, and $492.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 1.62 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 951.00 Mn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 437.00 Mn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 823.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 508.44 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 1.11 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 253.90 Mn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 840.00 Mn |
| 10 | Snowflake | 58.12 Bn | 54.92 Bn | 857.66 Mn | 511.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Apr 30, 2021 | 109.80 Mn |
| Jan 31, 2021 | 94.00 Mn |
| Oct 31, 2020 | 74.14 Mn |
| Jul 31, 2020 | 36.53 Mn |
| Apr 30, 2020 | 33.28 Mn |
| Jan 31, 2020 | 29.71 Mn |
| Oct 31, 2019 | 27.67 Mn |