Snowflake (SNOW) Tax Provisions (2019 - 2026)
Snowflake's (SNOW) quarterly Tax Provisions came in at -$1.1 million in Q2 2026, down 119.01% year-on-year from $5.7 million in Q2 2025, and down 114.23% quarter-over-quarter from $7.7 million in Q1 2026.
Snowflake (SNOW) Tax Provisions (2019 - 2026) Analysis & Trends
Snowflake has disclosed Tax Provisions across 8 years of filings, most recently posting -$1.1 million for Q2 2026.
- Tax Provisions for Q2 2026 came in at -$1.1 million, down 119.01% year-over-year; the trailing twelve-month figure through Apr 2026 was $10.3 million (up 44.74% YoY), and the FY2026 annual result was $17.1 million, up 316.36% from the prior year.
- Tax Provisions came in at -$1.1 million for Q2 2026 at Snowflake, down 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.
- The 5-year median for Tax Provisions is $1.7 million (2022), against an average of -$444722.2.
- Peak annual rise in Tax Provisions reached 648.25% in 2022, while the deepest fall reached 10535.06% in 2022.
- Snowflake's Tax Provisions stood at $4.0 million in 2022, then dropped by 15.39% to $3.4 million in 2023, then slumped by 42.9% to $1.9 million in 2024, then surged by 90.09% to $3.7 million in 2025, then plunged by 129.58% to -$1.1 million in 2026.
- The last three Tax Provisions figures came in at -$1.1 million (Q2 2026), $7.7 million (Q1 2026), and $3.7 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | - |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -32.53 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 194.00 Mn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | -53.00 Mn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 614.00 Mn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 92.44 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 204.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 422.00 Mn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 526.00 Mn |
| 10 | Snowflake | 82.57 Bn | 79.61 Bn | 926.45 Mn | -1.09 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 |