Snowflake annual r&d spending
2019
2020
2021
2022
2023
2024
2025
2026
Snowflake R&D Spending Growth & History (SNOW)
Snowflake's r&d spending was $1.97B for fiscal 2026.
View full Snowflake company overviewSnowflake annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-01-31 | $1.97B | $186.1M | +10.43% |
| 2025 | 2025-01-31 | $1.78B | $495.4M | +38.47% |
| 2024 | 2024-01-31 | $1.29B | $499.9M | +63.43% |
| 2023 | 2023-01-31 | $788.1M | $321.1M | +68.77% |
| 2022 | 2022-01-31 | $466.9M | $229.0M | +96.23% |
| 2021 | 2021-01-31 | $237.9M | $132.8M | +126.27% |
| 2020 | 2020-01-31 | $105.2M | $36.5M | +53.11% |
| 2019 | 2019-01-31 | $68.7M | — | — |
Snowflake quarterly r&d spending
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
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 | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2027 | 2026-07-31 | $567.5M | $75.5M | +15.34% |
| Q1 2027 | 2026-04-30 | $534.9M | $62.5M | +13.24% |
| Q4 2026 | 2026-01-31 | $511.0M | $18.5M | +3.77% |
| Q3 2026 | 2025-10-31 | $494.0M | $51.6M | +11.66% |
| Q2 2026 | 2025-07-31 | $492.0M | $54.3M | +12.42% |
| Q1 2026 | 2025-04-30 | $472.4M | $61.6M | +15.00% |
| Q4 2025 | 2025-01-31 | $492.5M | $128.0M | +35.12% |
| Q3 2025 | 2024-10-31 | $442.4M | $110.4M | +33.24% |
| Q2 2025 | 2024-07-31 | $437.7M | $123.7M | +39.38% |
| Q1 2025 | 2024-04-30 | $410.8M | $133.4M | +48.08% |
| Q4 2024 | 2024-01-31 | $364.5M | $122.4M | +50.53% |
| Q3 2024 | 2023-10-31 | $332.1M | $120.7M | +57.09% |
| Q2 2024 | 2023-07-31 | $314.0M | $130.2M | +70.88% |
| Q1 2024 | 2023-04-30 | $277.4M | $126.6M | +83.96% |
| Q4 2023 | 2023-01-31 | $242.1M | $119.0M | +96.61% |
| Q3 2023 | 2022-10-31 | $211.4M | $95.5M | +82.39% |
| Q2 2023 | 2022-07-31 | $183.7M | $65.7M | +55.60% |
| Q1 2023 | 2022-04-30 | $150.8M | $41.0M | +37.34% |
| Q4 2022 | 2022-01-31 | $123.1M | $29.2M | +31.01% |
| Q3 2022 | 2021-10-31 | $115.9M | $41.8M | +56.33% |
| Q2 2022 | 2021-07-31 | $118.1M | $81.6M | +223.23% |
| Q1 2022 | 2021-04-30 | $109.8M | $76.5M | +229.94% |
| Q4 2021 | 2021-01-31 | $94.0M | — | — |
| Q3 2021 | 2020-10-31 | $74.1M | $46.5M | +167.95% |
| Q2 2021 | 2020-07-31 | $36.5M | — | — |
| Q1 2021 | 2020-04-30 | $33.3M | — | — |
| Q3 2020 | 2019-10-31 | $27.7M | — | — |
Snowflake r&d spending trends
Over the last five fiscal years, Snowflake's r&d spending increased from $237.9M to $1.97B, a change of $1.73B. The latest reported quarter, Q2 2027, shows $567.5M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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