← Snowflake Inc.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | $127.2m | $820.2m | $1.1b | $939.9m | $1.8b | $2.6b | $2.8b | |
| Short-term investments | $306.8m | $3.1b | $2.8b | $3.1b | $2.1b | $2.0b | $1.2b | |
| Accounts receivable, net | $179.5m | $294.0m | $545.6m | $715.8m | $926.9m | $922.8m | $1.3b | |
| Prepaid expenses and other current assets | $25.3m | $66.2m | $149.5m | $193.1m | $180.0m | $211.2m | $195.1m | |
| Total current assets | $665.2m | $4.3b | $4.6b | $5.0b | $5.0b | $5.9b | $5.7b | |
| Long-term investments | $23.5m | $1.2b | $1.3b | $1.1b | $916.3m | $656.5m | $755.0m | |
| Property and equipment, net | $27.1m | $69.0m | $105.1m | $160.8m | $247.5m | $296.4m | $248.6m | |
| Goodwill | $7.0m | $8.4m | $8.4m | $657.4m | $975.9m | $1.1b | $1.2b | |
| Intangible assets, net | $4.8m | $16.1m | $37.1m | $186.0m | $331.4m | $278.0m | $246.9m | |
| Operating lease right-of-use assets | $196.0m | $186.8m | $190.4m | $231.3m | $252.1m | $359.4m | $274.9m | |
| Other assets | $19.5m | $89.3m | $329.3m | $283.9m | $273.8m | $333.7m | $428.3m | |
| Deferred commissions, current | $26.4m | $32.4m | $51.4m | $67.9m | $86.1m | $97.7m | $214.1m | |
| Deferred commissions, non-current | $69.5m | $86.2m | $124.5m | $145.3m | $187.1m | $184.0m | $241.8m | |
| Accrued expenses and other current liabilities | $62.8m | $125.3m | $200.7m | $269.1m | $446.9m | $515.5m | $879.5m | |
| Operating lease liabilities, current | $18.1m | $19.6m | $25.1m | $27.3m | $33.9m | $35.9m | $49.6m | |
| Convertible senior notes, net | — | — | — | — | $0 | $2.3b | $2.3b | |
| Operating lease liabilities, non-current | $193.2m | $184.9m | $181.2m | $224.4m | $254.0m | $377.8m | $411.7m | |
| Other liabilities | $8.5m | $6.9m | $11.2m | $24.4m | $33.1m | $61.3m | $80.7m | |
| Total Snowflake Inc. stockholders’ equity | ($544.8m) | $4.9b | $5.0b | $5.5b | $5.2b | $3.0b | $1.9b | |
| Total stockholders’ equity | — | — | $5.0b | $5.5b | $5.2b | $3.0b | $1.9b | |
| Total assets | $1.0b | $5.9b | $6.6b | $7.7b | $8.2b | $9.0b | $9.1b | |
| Total liabilities and stockholders’ equity | $1.0b | $5.9b | $6.6b | $7.7b | $8.2b | $9.0b | $9.1b | |
| Accounts payable | $8.5m | $5.6m | $13.4m | $23.7m | $51.7m | $169.8m | $145.6m | |
| Deferred revenue, current | $327.1m | $638.7m | $1.2b | $1.7b | $2.2b | $2.6b | $3.3b | |
| Deferred revenue, non-current | $2.9m | $4.2m | $11.2m | $11.5m | $14.4m | $15.5m | $14.4m | |
| Total current liabilities | $416.5m | $789.3m | $1.4b | $2.0b | $2.7b | $3.3b | $4.4b | |
| Total liabilities | $621.0m | $985.3m | $1.6b | $2.3b | $3.0b | $6.0b | $7.2b | |
| Preferred stock; $0.0001 par value per share; 200,000 shares authorized, zero shares issued and outstanding as of each of January 31, 2026 and 2025 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Common stock; $0.0001 par value per share; 2,500,000 Class A shares authorized; 344,317 and 334,301 shares issued as of January 31, 2026 and 2025, respectively; 343,918 and 333,865 shares outstanding as of January 31, 2026 and 2025, respectively; zero and 185,461 Class B shares authorized as of January 31, 2026 and 2025, respectively, zero shares issued and outstanding as of each of January 31, 2026 and 2025(1) | 6k | 28k | 31k | 32k | 34k | 34k | 34k | |
| Treasury stock, at cost; 399 shares and 436 shares held as of January 31, 2026 and 2025, respectively | — | — | — | $0 | ($67.1m) | ($59.5m) | ($54.5m) | |
| Additional paid-in capital | $155.3m | $6.2b | $7.0b | $8.2b | $9.3b | $10.4b | $11.5b | |
| Accumulated other comprehensive income (loss) | $216k | $439k | ($16.3m) | ($38.3m) | ($8.2m) | ($2.2m) | $3.3m | |
| Accumulated deficit | ($700.3m) | ($1.2b) | ($1.9b) | ($2.7b) | ($4.1b) | ($7.3b) | ($9.5b) | |
| Noncontrolling interest | — | — | $0 | $12.2m | $10.3m | $6.7m | $0 |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.