Snowflake (SNOW) Tax Provisions (2019 - 2026)
Snowflake's (SNOW) quarterly Tax Provisions came in at $3.4 million in Q3 2026, up 5432.26% year-over-year from $62000.0 in Q3 2025, and up 414.97% quarter-over-quarter from -$1.1 million in Q2 2026.
Analysis
Snowflake (SNOW) Tax Provisions (2019 - 2026) Analysis & Trends
Snowflake has disclosed Tax Provisions across 8 years of filings, most recently posting $3.4 million for Q3 2026.
- In Q3 2026, Tax Provisions rose 5432.26% year-over-year to $3.4 million; the TTM figure through Jul 2026 stood at $13.7 million (up 302.56% YoY), while the FY2026 annual figure was $17.1 million, up 316.36% from the prior year.
- Tax Provisions came in at $3.4 million for Q3 2026 at Snowflake, up from -$1.1 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.
- Average Tax Provisions over 5 years is -$240789.5, with a median of $1.9 million recorded in 2024.
- Year-over-year, Tax Provisions plunged 10535.06% in 2022 and surged 5432.26% in 2026.
- Over 5 years, Tax Provisions stood at $4.0 million in 2022, then dropped by 15.39% to $3.4 million in 2023, then plunged by 42.9% to $1.9 million in 2024, then surged by 90.09% to $3.7 million in 2025, then decreased by 6.84% to $3.4 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were $3.4 million in Q3 2026, -$1.1 million in Q2 2026, and $7.7 million in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Snowflake | 118.87 Bn | 116.53 Bn | 1.04 Bn | 3.43 Mn |
| 2 | MongoDB | 29.70 Bn | 27.29 Bn | 569.77 Mn | 5.01 Mn |
| 3 | Sportradar Group AG | 11.66 Bn | 11.29 Bn | 376.06 Mn | 407,989.01 |
| 4 | Elastic | 9.64 Bn | 8.18 Bn | 356.19 Mn | -529,000.00 |
| 5 | Genius Sports | 3.80 Bn | 3.64 Bn | 63.79 Mn | -341,000.00 |
| 6 | Teradata | 2.61 Bn | 2.19 Bn | 243.00 Mn | 1.00 Mn |
| 7 | Datavault AI | 170.89 Mn | 170.89 Mn | 2.88 Mn | - |
| 8 | Intermap Technologies | 52.16 Mn | 35.98 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 3.43 Mn |
| 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 |