Snowflake (SNOW) Tax Provisions (2019 - 2026)
Snowflake (SNOW) reported Tax Provisions of -$1.1 million for Q2 2026, down 119.01% on a YoY basis from $5.7 million in Q2 2025, and down 114.23% sequentially from $7.7 million in Q1 2026.
Snowflake (SNOW) Tax Provisions (2019 - 2026) Analysis & Trends
Snowflake (SNOW) has 8 years of Tax Provisions data on file, last reported at -$1.1 million in Q2 2026.
- For the quarter ending Q2 2026, Tax Provisions fell 119.01% year-over-year to -$1.1 million; the trailing twelve-month figure through Apr 2026 stood at $10.3 million (up 44.74% YoY), and the FY2026 full-year result was $17.1 million, up 316.36% from the prior year.
- Tax Provisions fell to -$1.1 million in Q2 2026, from $7.7 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $7.7 million in Q1 2026 to a low of -$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.
- Peak annual rise in Tax Provisions reached 648.25% in 2022, while the deepest fall reached 10535.06% in 2022.
- Tracing SNOW's Tax Provisions over 5 years: stood at $4.0 million in 2022, then slipped by 15.39% to $3.4 million in 2023, then tumbled by 42.9% to $1.9 million in 2024, then jumped by 90.09% to $3.7 million in 2025, then sank by 129.58% to -$1.1 million in 2026.
- Business Quant data shows SNOW's Tax Provisions at -$1.1 million in Q2 2026, $7.7 million in Q1 2026, and $3.7 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -936.60 Mn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -32.53 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | -53.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 194.00 Mn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 614.00 Mn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 140.00 Mn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 422.00 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -1.09 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 92.44 Mn |
| 10 | Datadog | 86.34 Bn | 81.58 Bn | 797.20 Mn | 6.40 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 |