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 201.92 Bn 181.68 Bn 8.16 Bn -936.60 Mn
2 Full Truck Alliance 192.40 Bn 189.70 Bn - -32.53 Mn
3 Shopify 164.22 Bn 158.47 Bn 1.55 Bn -53.00 Mn
4 Salesforce 153.50 Bn 141.66 Bn 8.56 Bn 614.00 Mn
5 Uber Technologies 138.61 Bn 137.40 Bn 5.95 Bn 194.00 Mn
6 ServiceNow 111.29 Bn 106.63 Bn 2.82 Bn 140.00 Mn
7 Automatic Data Processing 103.39 Bn 100.16 Bn 2.87 Bn 422.00 Mn
8 Adobe 97.32 Bn 91.69 Bn 5.90 Bn 526.00 Mn
9 Snowflake 93.83 Bn 90.88 Bn 926.45 Mn -1.09 Mn
10 Cadence Design Systems 92.48 Bn 91.08 Bn 1.41 Bn 92.44 Mn

Historic Data

Download Data
DateValue
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