Snowflake (SNOW) Tax Provisions (2019 - 2026)
Snowflake (SNOW) posted Tax Provisions of -$1.1 million for Q2 2026, down 114.23% sequentially from $7.7 million in Q1 2026, and down 119.01% YoY from $5.7 million in Q2 2025.
Snowflake (SNOW) Tax Provisions (2019 - 2026) Analysis & Trends
Snowflake has reported Tax Provisions for 8 years, with the latest figure at -$1.1 million in Q2 2026.
- Quarterly Tax Provisions fell 119.01% year-over-year to -$1.1 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $10.3 million (up 44.74% YoY) and the FY2026 annual result came in at $17.1 million, up 316.36% from the prior year.
- Tax Provisions fell to -$1.1 million in Q2 2026 per SNOW's latest filing, from $7.7 million in the prior quarter.
- Over five years, Tax Provisions peaked at $7.7 million in Q1 2026 and troughed at -$26.7 million in Q2 2022.
- A 5-year average of -$444722.2 and a median of $1.7 million in 2022 frame the typical range for Tax Provisions.
- The widest YoY moves for Tax Provisions: up 648.25% in 2022, down 10535.06% in 2022.
- Over 5 years, Tax Provisions stood at $4.0 million in 2022, then fell by 15.39% to $3.4 million in 2023, then slumped by 42.9% to $1.9 million in 2024, then jumped by 90.09% to $3.7 million in 2025, then plunged by 129.58% to -$1.1 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered -$1.1 million, $7.7 million, and $3.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -1.86 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 273.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 614.00 Mn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 840.00 Mn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 140.00 Mn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -1.09 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 279.20 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 526.00 Mn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 983.00 Mn |
| 10 | Datadog | 91.70 Bn | 86.71 Bn | 881.34 Mn | 7.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -1.09 Mn |
| Jan 31, 2026 | 7.65 Mn |
| Oct 31, 2025 | 3.68 Mn |
| Jul 31, 2025 | 62,000.00 |
| Apr 30, 2025 | 5.73 Mn |
| Jan 31, 2025 | -4.33 Mn |
| Oct 31, 2024 | 1.94 Mn |
| Jul 31, 2024 | 3.79 Mn |
| Apr 30, 2024 | 2.72 Mn |
| Jan 31, 2024 | -4.30 Mn |
| Oct 31, 2023 | 3.39 Mn |
| Jul 31, 2023 | -3.72 Mn |
| Apr 30, 2023 | -6.61 Mn |
| Jan 31, 2023 | 372,000.00 |
| Oct 31, 2022 | 4.01 Mn |
| Jul 31, 2022 | 3.85 Mn |
| Apr 30, 2022 | -26.69 Mn |
| Jan 31, 2022 | 1.55 Mn |
| Oct 31, 2021 | 1.18 Mn |
| Jul 31, 2021 | 514,000.00 |