Snowflake (SNOW) Tax Provisions (2019 - 2026)
Snowflake recorded quarterly Tax Provisions of $7.7 million in Q1 2026, up 107.82% quarter-over-quarter from $3.7 million in Q4 2025, and up 276.68% year-over-year from $2.0 million in Q1 2025.
Snowflake's Tax Provisions history runs 8 years deep, the most recent figure standing at $7.7 million for Q1 2026.
- In Q1 2026, Tax Provisions rose 276.68% year-over-year to $7.7 million; the TTM figure through Jan 2026 stood at $17.1 million (up 316.36% YoY), while the FY2026 annual figure was $17.1 million, up 316.36% from the prior year.
- Tax Provisions came in at $7.7 million for Q1 2026 at Snowflake, up from $3.7 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 -$406823.5 and a median of $1.9 million in 2024 frame the typical range for Tax Provisions.
- On a YoY basis, Tax Provisions climbed as much as 648.25% in 2022 and fell as far as 10535.06% in 2022.
- Snowflake's Tax Provisions stood at $4.0 million in 2022, then declined by 15.39% to $3.4 million in 2023, then sank by 42.9% to $1.9 million in 2024, then soared by 90.09% to $3.7 million in 2025, then soared by 107.82% to $7.7 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $7.7 million, $3.7 million, and $62000.0 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 663.00 Mn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 194.00 Mn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | -53.00 Mn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 204.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 92.44 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 533.00 Mn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 422.00 Mn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 983.00 Mn |
| 10 | Snowflake | 58.12 Bn | 54.92 Bn | 857.66 Mn | 7.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Apr 30, 2021 | -251,000.00 |
| Jan 31, 2021 | 1.34 Mn |
| Oct 31, 2020 | 433,000.00 |
| Jul 31, 2020 | 531,000.00 |
| Apr 30, 2020 | -244,000.00 |
| Jan 31, 2020 | 255,000.00 |
| Oct 31, 2019 | 376,000.00 |