Snowflake Operating Expenses Growth & History (SNOW)
Snowflake's operating expenses was $4.58B for fiscal 2026.
View full Snowflake company overviewSnowflake annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-01-31 | $4.58B | $713.6M | +18.45% |
| 2025 | 2025-01-31 | $3.87B | $865.0M | +28.81% |
| 2024 | 2024-01-31 | $3.00B | $812.3M | +37.09% |
| 2023 | 2023-01-31 | $2.19B | $714.5M | +48.41% |
| 2022 | 2022-01-31 | $1.48B | $582.5M | +65.20% |
| 2021 | 2021-01-31 | $893.4M | $387.1M | +76.46% |
| 2020 | 2020-01-31 | $506.3M | $275.9M | +119.76% |
| 2019 | 2019-01-31 | $230.4M | — | — |
Snowflake quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2027 | 2026-07-31 | $1.30B | $186.3M | +16.73% |
| Q1 2027 | 2026-04-30 | $1.25B | $112.1M | +9.83% |
| Q4 2026 | 2026-01-31 | $1.18B | $135.6M | +13.03% |
| Q3 2026 | 2025-10-31 | $1.15B | $164.9M | +16.71% |
| Q2 2026 | 2025-07-31 | $1.11B | $177.4M | +18.95% |
| Q1 2026 | 2025-04-30 | $1.14B | $235.8M | +26.06% |
| Q4 2025 | 2025-01-31 | $1.04B | $231.9M | +28.68% |
| Q3 2025 | 2024-10-31 | $986.7M | $220.8M | +28.83% |
| Q2 2025 | 2024-07-31 | $936.0M | $195.0M | +26.32% |
| Q1 2025 | 2024-04-30 | $904.8M | $217.3M | +31.62% |
| Q4 2024 | 2024-01-31 | $808.4M | $185.3M | +29.74% |
| Q3 2024 | 2023-10-31 | $765.8M | $193.5M | +33.81% |
| Q2 2024 | 2023-07-31 | $741.0M | $209.3M | +39.36% |
| Q1 2024 | 2023-04-30 | $687.4M | $224.2M | +48.41% |
| Q4 2023 | 2023-01-31 | $623.1M | $221.5M | +55.15% |
| Q3 2023 | 2022-10-31 | $572.3M | $201.4M | +54.30% |
| Q2 2023 | 2022-07-31 | $531.7M | $165.5M | +45.20% |
| Q1 2023 | 2022-04-30 | $463.2M | $126.0M | +37.38% |
| Q4 2022 | 2022-01-31 | $401.6M | $93.7M | +30.41% |
| Q3 2022 | 2021-10-31 | $370.9M | $108.5M | +41.36% |
| Q2 2022 | 2021-07-31 | $366.2M | $205.8M | +128.34% |
| Q1 2022 | 2021-04-30 | $337.2M | $174.5M | +107.28% |
| Q4 2021 | 2021-01-31 | $308.0M | — | — |
| Q3 2021 | 2020-10-31 | $262.4M | $128.7M | +96.32% |
| Q2 2021 | 2020-07-31 | $160.4M | — | — |
| Q1 2021 | 2020-04-30 | $162.7M | — | — |
| Q3 2020 | 2019-10-31 | $133.7M | — | — |
Snowflake operating expenses trends
Over the last five fiscal years, Snowflake's operating expenses increased from $893.4M to $4.58B, a change of $3.69B. The latest reported quarter, Q2 2027, shows $1.30B.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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