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
DateValue
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