Snowflake annual net debt
2020
2021
2022
2023
2024
2025
2026
Snowflake Net Debt Growth & History (SNOW)
Snowflake's net debt was −$87.0M for fiscal 2026.
View full Snowflake company overviewSnowflake annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-01-31 | −$87.0M | −$143.5M | — |
| 2025 | 2025-01-31 | $56.5M | $1.53B | — |
| 2024 | 2024-01-31 | −$1.47B | −$786.5M | — |
| 2023 | 2023-01-31 | −$688.2M | $191.2M | — |
| 2022 | 2022-01-31 | −$879.4M | −$263.8M | — |
| 2021 | 2021-01-31 | −$615.6M | −$699.7M | — |
| 2020 | 2020-01-31 | $84.1M | — | — |
Snowflake quarterly net debt
Q4.20
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
Q4.26
Q1.27
Q2.27
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2027 | 2026-07-31 | $1.06B | $245.0M | +30.19% |
| Q1 2027 | 2026-04-30 | $687.4M | $242.7M | +54.58% |
| Q4 2026 | 2026-01-31 | −$87.0M | −$143.5M | — |
| Q3 2026 | 2025-10-31 | $744.0M | $297.3M | +66.55% |
| Q2 2026 | 2025-07-31 | $811.6M | $1.78B | — |
| Q1 2026 | 2025-04-30 | $444.7M | $1.50B | — |
| Q4 2025 | 2025-01-31 | $56.5M | $1.53B | — |
| Q3 2025 | 2024-10-31 | $446.7M | $1.14B | — |
| Q2 2025 | 2024-07-31 | −$969.2M | −$510.9M | — |
| Q1 2025 | 2024-04-30 | −$1.05B | −$653.8M | — |
| Q4 2024 | 2024-01-31 | −$1.47B | −$786.5M | — |
| Q3 2024 | 2023-10-31 | −$695.8M | −$131.1M | — |
| Q2 2024 | 2023-07-31 | −$458.3M | $206.6M | — |
| Q1 2024 | 2023-04-30 | −$398.2M | — | — |
| Q4 2023 | 2023-01-31 | −$688.2M | $191.2M | — |
| Q3 2023 | 2022-10-31 | −$564.7M | $166.6M | — |
| Q2 2023 | 2022-07-31 | −$664.9M | −$161.3M | — |
| Q4 2022 | 2022-01-31 | −$879.4M | −$263.8M | — |
| Q3 2022 | 2021-10-31 | −$731.3M | $3.00B | — |
| Q2 2022 | 2021-07-31 | −$503.7M | — | — |
| Q1 2022 | 2021-04-30 | −$444.1M | — | — |
| Q4 2021 | 2021-01-31 | −$615.6M | −$699.7M | — |
| Q3 2021 | 2020-10-31 | −$3.73B | — | — |
| Q4 2020 | 2020-01-31 | $84.1M | — | — |
Snowflake net debt trends
Over the last five fiscal years, Snowflake's net debt increased from −$615.6M to −$87.0M, a change of $528.6M. The latest reported quarter, Q2 2027, shows $1.06B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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