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
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