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Snowflake Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Snowflake holds $9.1B in total assets. Shareholders' equity is $1.9B against $461.3M in total debt. Cash and equivalents total $2.8B. The current ratio is 1.30 and debt-to-equity is 0.240. Based on the Q4 2025 filing.

Total Assets$9.1BTotal Stockholders Equity$1.9BCash And Equivalents$2.8BTotal Current Assets$5.7BTotal Current Liabilities$4.4B
Latest FilingQ4 2025
Report Date2026-03-20
Market Cap$52.5B
ROE-54.09%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable$148.9M$169.8M$155.3M$166.8M$193.7M$145.6M
Accrued Liabilities, Current$485.1M$515.5M$528.4M$622.8M$725.8M$879.5M
Compensation and benefits$220.8M$194.6M$197.1M$222.3M$297.6M—
Deferred revenue$2.0B$2.6B$2.3B$2.3B$2.4B$3.3B
Income taxes payable$23.3M$25.8M$14.1M$18.0M$23.3M—
Operating lease liabilities, current$38.3M$35.9M$37.1M$38.1M$40.2M$49.6M
Total current liabilities$2.6B$3.3B$3.0B$3.1B$3.4B$4.4B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$596.4M$922.8M$530.5M$646.7M$938.1M$1.3B
Available-for-Sale Debt Securities - Single Maturity Date$2.9B—$2.6B$2.7B$2.5B—
Cash and cash equivalents$2.2B$2.6B$2.3B$2.0B$2.0B$2.8B
Available For Sale Securities Debt Securities Current$2.0B$2.0B$1.7B$1.7B$1.4B$1.2B
Deferred costs$89.8M$97.7M$104.2M$129.9M$167.9M$214.1M
Prepaid expenses and other current assets$140.9M$211.2M$240.6M$232.9M$164.3M$195.1M
Restricted cash$17.3M—$76.3M$80.1M$43.0M—
Short-term investments$2.0B$2.0B$1.7B$1.7B$1.4B$1.2B
Total current assets$5.0B$5.9B$4.8B$4.6B$4.6B$5.7B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Additional paid-in capital$10.0B$10.4B$10.7B$10.9B$11.2B$11.5B
Accumulated other comprehensive income (loss)-$2.8M-$2.2M$8.2M$2.8M$5.1M$3.3M
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$33.0K$34.0K$34.0K$34.0K$34.0K$34.0K
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding$0.0$0.0$0.0$0.0$0.0$0.0
Retained earnings-$7.0B-$7.3B-$8.2B-$8.5B-$9.0B-$9.5B
Total liabilities and stockholders' equity$8.2B$9.0B$8.2B$8.2B$8.2B$9.1B
Total stockholders' equity$2.9B$3.0B$2.4B$2.4B$2.1B$1.9B
Treasury stock$61.4M$59.5M$58.2M$57.0M$55.7M$54.5M

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Equity Securities Without Readily Determinable Fair Value - Cumulative Downward Adjustments$280.6M$281.2M$305.2M$325.9M$331.4M—
Equity Securities Without Readily Determinable Fair Value - Cumulative Upward Adjustments$18.3M—$18.3M$18.3M$18.3M—
Goodwill$990.7M$1.1B$1.1B$1.2B$1.2B$1.2B
Indefinite-Lived Intangible Assets$826.0K$826.0K$826.0K$426.0K$426.0K—
Long-term marketable securities$892.8M$656.5M$956.1M$1.0B$1.0B$755.0M
Deferred costs$177.3M$184.0M$182.8M$187.2M$209.5M$241.8M
Intangible assets — net$267.7M$277.2M$253.1M$285.0M$256.2M—
Other intangible assets—net$268.5M$278.0M$253.9M$285.4M$256.6M$246.9M
Operating lease right-of-use assets$280.7M$359.4M$262.0M$262.4M$254.6M$274.9M
Other non-current assets$329.8M$333.7M$369.7M$394.6M$403.7M$428.3M
Strategic investments$296.2M$301.2M$331.2M$351.0M$355.8M—
Property, plant and equipment at cost$407.5M$449.8M$448.0M$465.3M$476.2M—
Accumulated depreciation$129.2M$153.4M$157.7M$182.2M$210.4M—
Property and equipment, net$278.4M$296.4M$290.3M$283.1M$265.8M$248.6M
Total assets$8.2B$9.0B$8.2B$8.2B$8.2B$9.1B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred revenue, net of current portion$12.0M$15.5M$13.7M$11.5M$10.9M$14.4M
Operating lease liabilities, non-current$287.9M$377.8M$377.1M$378.5M$367.7M$411.7M
Operating Lease Liabilities (Total)—$413.7M———$461.3M
Other non-current liabilities$51.3M$61.3M$47.6M$55.3M$57.7M$80.7M
Total liabilities$5.3B$6.0B$5.7B$5.8B$6.1B$7.2B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accrued customer liabilities related to Snowflake Marketplace—$21.5M——$71.9M—
Employee contributions under employee stock purchase plan$15.0M$46.6M$14.7M$40.5M$26.4M—
Employee payroll tax withheld on employee stock transactions$8.1M$14.0M$8.2M$52.9M$23.1M—
Professional service fees$11.7M$14.0M$14.2M$14.6M$12.3M—
Accrued purchases of property and equipment$8.9M$9.9M$22.0M$21.7M$12.7M—
Accrued third-party cloud infrastructure expenses$80.3M$77.9M$102.2M$101.8M$116.4M—
Accounts Receivable, Allowance for Credit Loss$2.8M$4.8M$4.2M$7.8M$3.7M—
Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Loss, before Tax$3.3M$2.3M$1.3M$2.0M$216.0K—
Gross Unrealized Gains$3.5M$2.9M$4.3M$2.1M$5.4M—
Total$2.9B$2.7B$2.6B$2.7B$2.4B—
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One$2.0B—$1.7B$1.7B$1.4B—
Available for sale investments$2.9B$2.7B$2.6B$2.7B$2.5B—
Gross Unrealized Gains$3.0K$92.0K$0.0$0.0$28.0K—
Cash Equivalents, Accumulated Gross Unrealized Loss, Before Tax$2.0K$0.0$5.0K$5.0K$6.0K—
Cash Equivalents And Debt Securities, Available-For-Sale, Accumulated Gross Unrealized Loss, Before Tax$3.3M$2.3M$1.3M$2.0M$222.0K—
Gross unrealized losses on available-for-sale marketable debt securities—$0.0$0.0$0.0$0.0—
Cash Equivalents And Debt Securities, Available-For-Sale, Amortized Cost$4.7B$4.9B$4.5B$4.2B$3.8B—
Cash Equivalents And Debt Securities, Available-For-Sale, Accumulated Gross Unrealized Gains, Before Tax$3.5M$3.0M$4.3M$2.1M$5.4M—
Cash Equivalents And Debt Securities, Available-For-Sale, Fair Value$4.7B$4.9B$4.5B$4.2B$3.9B—
Common stock, capital shares reserved for future issuance130.6M127.7M144.8M139.6M135.3M—
Common stock, voting rights, votes per share———1.00——
Convertible debentures$2.3B$2.3B$2.3B$2.3B$2.3B$2.3B
Due in 1 year to 3 years$892.8M—$956.1M$1.0B$1.0B—
Non-marketable debt securities—$750.0K——$10.0M—
Notional—$222.0M$368.2M$245.9M$241.7M—
Unrecognized compensation cost related to non-vested awards$3.8B—$3.7B$3.5B$3.3B—
Equity method investments (Note 11)$5.4M$5.5M$5.6M$5.7M$5.8M—
Thereafter$905.0K—$0.0$3.9M$3.9M—
Finite-Lived Intangible Assets, Accumulated Amortization$198.3M$223.8M$247.9M$269.6M$298.4M—
2028$86.1M—$60.5M$71.0M$71.0M—
2030$12.8M—$6.6M$15.9M$15.9M—
Remainder of 2026$24.2M—$73.1M$57.4M$28.6M—
2027$90.2M—$93.1M$107.6M$107.6M—
2029$53.5M—$19.9M$29.2M$29.2M—
Gross Carrying Amount$466.0M$501.0M$501.0M$554.6M$554.6M—
Letters of Credit Outstanding, Amount$16.5M—$20.8M$20.8M$23.4M—
Liabilities associated with sales, marketing and business development programs$40.7M$44.0M$60.1M$30.2M$38.3M—
Loss Contingency Accrual$0.0$0.0$0.0$0.0$0.0—
Marketable equity securities$9.5M$13.8M——$8.6M—
Noncontrolling interests in subsidiaries$5.0M$6.7M$6.9M$6.9M$0.0$0.0
Long-Lived Assets$559.1M$655.8M$552.3M$545.5M$520.5M—
Other accrued liabilities$76.2M$88.5M$95.7M$120.8M$103.8M—
Preferred Stock, Par or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00—
Preferred Stock, Shares Authorized200M200M200M200M200M—
Preferred Stock, Shares Issued00000—
Preferred Stock, Shares Outstanding00000—
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied$5.7B—$6.7B$6.9B$7.9B—
RPO percentage50.0%—50.0%50.0%48.0%—
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price——$21.37$24.03$26.33—
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number——19.9M16.4M14M—
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number23.1M21.7M20.8M17.2M14.7M—
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number——20.8M17.2M14.7M—
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value——$2.9B$3.4B$3.7B—
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price$19.98$20.83$21.37$24.03$26.33—
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Intrinsic Value$2.3B$3.5B$2.9B$3.4B$3.7B—
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Weighted Average Exercise Price——$14.53$16.71$18.83—
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Intrinsic Value——$2.9B$3.4B$3.6B—
Share Repurchase Program, Remaining Authorized, Amount$2.0B—$1.5B$1.5B$1.3B—
Aggregate Available————3.6M—
Treasury stock, shares (in shares)449K436K426K417K408K—
Unrecorded Unconditional Purchase Obligation——$48.2M$38.4M$72.3M—