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Snowflake Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Snowflake holds $8.6B in total assets. Shareholders' equity is $1.9B against $490.2M in total debt. Cash and equivalents total $2.1B. The current ratio is 1.05 and debt-to-equity is 0.253. Based on the Q2 2026 filing.

Total Assets$8.6BTotal Stockholders Equity$1.9BCash And Equivalents$2.1BTotal Current Assets$4.0BTotal Current Liabilities$3.8B
Latest FilingQ2 2026
Report Date2026-05-29
Market Cap$88.6B
ROE-55.07%

Current Liabilities

MetricQ4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Accounts payable$169.8M$155.3M$166.8M$193.7M$145.6M$55.1M
Accrued Contingent Liabilities————$0.0$0.0
Accrued expenses————$304.6M$244.6M
Accrued Manufacturing Costs$194.6M$197.1M$222.3M$297.6M$304.6M$244.6M
Accrued Progress Collections and Price Adjustments$15.5M$13.7M$11.5M$10.9M$14.4M$25.7M
Other Commercial Liabilities$515.5M$528.4M$622.8M$725.8M$879.5M$814.6M
Commercial Paper Outstanding—————$32.9M
Contract liabilities————$14.4M$25.7M
Deferred revenue$2.6B$2.3B$2.3B$2.4B$3.3B$2.9B
Income taxes payable$25.8M$14.1M$18.0M$23.3M$35.6M$21.3M
Operating lease liabilities, current$35.9M$37.1M$38.1M$40.2M$49.6M$55.8M
Professional Service Fees Payable————$16.0M$16.2M
Total current liabilities$3.3B$3.0B$3.1B$3.4B$4.4B$3.8B

Current Assets

MetricQ4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Accounts receivable, net$922.8M$530.5M$646.7M$938.1M$1.3B$579.7M
Available-for-Sale Debt Securities - Amortized Cost————$2.0B$2.3B
Available-for-Sale Debt Securities - Fair Value by Maturity—————$2.3B
Allowance for Doubtful Accounts$4.8M$4.2M$7.8M$3.7M$0.0$0.0
Allowance for Doubtful Accounts Receivable (Current)————$0.0$0.0
Capitalized Contract Costs, Current$97.7M$104.2M$129.9M$167.9M$214.1M$212.9M
Cash and cash equivalents$2.7B$2.3B$2.0B$2.0B$2.9B$2.1B
Cash, Cash Equivalents, and Marketable Securities————$2.0B$2.3B
Accrued investment income————$16.9M$21.3M
Trading assets—————$870.3M
Prepaid expenses and other current assets$211.2M$240.6M$232.9M$164.3M$195.1M$229.5M
Restricted cash—$76.3M$80.1M$43.0M—$44.0M
Short-term investments$2.0B$1.7B$1.7B$1.4B$1.2B$870.3M
Total current assets$5.9B$4.8B$4.6B$4.6B$5.7B$4.0B
Trading Securities in Marketable Securities$281.2M$305.2M$325.9M$331.4M$359.1M$336.6M

Equity

MetricQ4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Additional paid-in capital$10.4B$10.7B$10.9B$11.2B$11.5B$12.1B
Accumulated other comprehensive income (loss)-$2.2M$8.2M$2.8M$5.1M$3.3M-$3.6M
Common stock————2.5B2.5B
Common Stock Par Value Per Share————$0.00$0.00
Common Stock Shares Issued————344.3M347M
Common Stock Shares Outstanding————$2.3B$1.5B
Convertible Preferred Stock Authorized Shares————200M200M
Convertible Preferred Stock Issued Shares————00
Convertible Preferred Stock Outstanding Shares————00
Number of Exercisable Options—————12.4M
Number of Vested and Expected to Vest Options—————$1.5B
Preferred stock————$0.0$0.0
Preferred Stock Par Value Per Share————$0.00$0.00
Retained earnings-$7.3B-$8.2B-$8.5B-$9.0B-$9.5B-$10.1B
Share-Based Payment Award Options Outstanding - Number————13.8M12.9M
Share-Based Payment - Unrecognized Cost of Nonvested Awards—————$3.8B
Share Repurchase Authorization Limit—————$802.7M
Share Repurchase Program - Amount Remaining—$1.5B$1.5B$1.3B—$802.7M
Shares Reserved for Future Issuance Under Stock Plans————132.9M150.7M
Total liabilities and stockholders' equity$9.0B$8.2B$8.2B$8.2B$9.1B$8.6B
Total stockholders' equity$3.0B$2.4B$2.4B$2.1B$1.9B$1.9B
Treasury stock$59.5M$58.2M$57.0M$55.7M$54.5M$53.3M
Unrealized Gains on Investments————$5.5M$1.8M
Unrealized Losses on Investments (Before Tax)————$25.0K$3.4M
Weighted Average Exercise Price of Outstanding Options————$26.56$27.76
Weighted Average Exercise Price of Vested and Expected to Vest Options—————$27.76

Other

MetricQ4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Aggregate Notional Principal Outstanding$222.0M$368.2M$245.9M$241.7M$316.0M$443.7M
Components—————$18.3M
Cumulative Cost Basis$2.7B$2.6B$2.7B$2.4B$2.0B$2.3B
Deferred Revenue Timing Percentage—————50.0%
Derivative Notional Amount————$316.0M$443.7M
Accrued customer liabilities related to Snowflake Marketplace$21.5M——$71.9M$122.9M$149.7M
Employee contributions under employee stock purchase plan$46.6M$14.7M$40.5M$26.4M$69.2M$19.1M
Employee payroll tax withheld on employee stock transactions$14.0M$8.2M$52.9M$23.1M$18.1M$10.1M
Accrued purchases of property and equipment$9.9M$22.0M$21.7M$12.7M$10.4M$9.8M
Accrued third-party cloud infrastructure expenses$77.9M$102.2M$101.8M$116.4M$121.7M$139.7M
Gross Unrealized Gains$92.0K$0.0$0.0$28.0K$11.0K$1.0K
Cash Equivalents, Accumulated Gross Unrealized Loss, Before Tax$0.0$5.0K$5.0K$6.0K$7.0K$0.0
Cash Equivalents And Debt Securities, Available-For-Sale, Accumulated Gross Unrealized Loss, Before Tax$2.3M$1.3M$2.0M$222.0K$32.0K$3.4M
Gross unrealized losses on available-for-sale marketable debt securities$0.0$0.0$0.0$0.0$0.0$0.0
Cash Equivalents And Debt Securities, Available-For-Sale, Amortized Cost$4.9B$4.5B$4.2B$3.8B$4.0B$3.9B
Cash Equivalents And Debt Securities, Available-For-Sale, Accumulated Gross Unrealized Gains, Before Tax$3.0M$4.3M$2.1M$5.4M$5.5M$1.8M
Cash Equivalents And Debt Securities, Available-For-Sale, Fair Value$4.9B$4.5B$4.2B$3.9B$4.0B$3.9B
Common stock, par value (in dollars per share)————$0.0$0.0
Common stock, shares authorized (in shares)————$2.5B$2.5B
Common stock, shares issued (in shares)————$344.3M$347.0M
Common Stock, Shares, Outstanding————$343.9M$346.6M
Common stock, voting rights, votes per share——1.00———
Due in 3 years to 5 years—————$602.7M
Due in 1 year to 3 years—$956.1M$1.0B$1.0B—$829.8M
Non-marketable debt securities$750.0K——$10.0M$10.0M$5.0M
Trading securities, cost$281.2M$305.2M$325.9M$331.4M$359.1M$336.6M
Thereafter—$0.0$3.9M$3.9M—$578.0K
Trademarks$826.0K$826.0K$426.0K$426.0K$426.0K$426.0K
Interest receivable on interest rate and cross currency swaps————$16.9M$21.3M
Liabilities associated with sales, marketing and business development programs$44.0M$60.1M$30.2M$38.3M$54.5M$68.1M
Marketable equity securities$13.8M——$8.6M$6.3M$6.6M
Remainder of Fiscal Year 2024—$73.1M$57.4M$28.6M—$122.9M
Remainder of Fiscal Year 2025—————$122.9M
Unrecorded Unconditional Purchase Obligation—————$69.7M

Non-Current Liabilities

MetricQ4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Contract Liabilities, Non-Current$15.5M$13.7M$11.5M$10.9M$14.4M$25.7M
Convertible Debt (Non-Current)————$2.3B$2.3B
Operating lease liabilities, non-current$377.8M$377.1M$378.5M$367.7M$411.7M$434.4M
Operating Lease Liabilities (Total)$413.7M———$461.3M—
Other non-current liabilities$61.3M$47.6M$55.3M$57.7M$80.7M$95.3M
Total liabilities$6.0B$5.7B$5.8B$6.1B$7.2B$6.6B

Non-Current Assets

MetricQ4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Equity method investments————$359.1M$336.6M
Equity Securities Without Readily Determinable Fair Value - Cumulative Downward Adjustments$281.2M$305.2M$325.9M$331.4M$359.1M$336.6M
Equity Securities Without Readily Determinable Fair Value - Cumulative Impairment Loss—$60.5M$60.5M$61.0M—$84.8M
Available-for-sale securities————$755.0M$1.4B
Finite-Lived Intangible Assets - Expected Amortization Expense (Year One)—————$53.1M
Finite Lived Intangible Assets - Gross————$574.3M$819.3M
Goodwill$1.1B$1.1B$1.2B$1.2B$1.2B$1.5B
Indefinite-Lived Intangible Assets, Gross$826.0K$826.0K$426.0K$426.0K$426.0K$426.0K
Indefinite-Lived Research and Development Assets$826.0K$826.0K$426.0K$426.0K$426.0K$426.0K
Indefinite-Lived Trademarks$826.0K$826.0K$426.0K$426.0K$426.0K$426.0K
Intangible assets, net————$246.5M$450.9M
Investments - Amortized Cost Basis$281.2M$305.2M$325.9M$331.4M$359.1M$336.6M
Operating lease right-of-use assets————$274.9M$294.9M
Operating Lease Right-of-Use Assets in Other Assets$359.4M$262.0M$262.4M$254.6M$274.9M$294.9M
Other Investments$301.2M$331.2M$351.0M$355.8M$380.6M$353.5M
Other non-current assets————$241.8M$222.0M
Accumulated depreciation$153.4M$157.7M$182.2M$210.4M$239.9M$265.3M
Property and equipment, net$296.4M$290.3M$283.1M$265.8M$248.6M$227.2M
Software and Technology Licenses, Net$333.7M$369.7M$394.6M$403.7M$428.3M$412.0M
Total assets$9.0B$8.2B$8.2B$8.2B$9.1B$8.6B