Investing
CapEx
Snowflake CapEx decreased by 32.8% to $16.07M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 42.5%, from $11.28M to $16.07M. Over 4 years (FY 2022 to FY 2026), CapEx shows an upward trend with a 58.2% CAGR.
Analysis
StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.
Detailed definition
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...
Peer comparison
Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.
Metric ID:
capital_expendituresHistorical Data
20 periods
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $6.43M | $3.50M | $2.28M | $4.01M | $7.41M | $3.85M | $8.51M | $5.36M | $6.97M | $6.30M | $8.75M | $13.07M | $16.52M | $5.04M | $13.44M | $11.28M | $44.99M | $16.67M | $23.91M | $16.07M |
| QoQ Change | — | -45.6% | -34.7% | +75.8% | +84.8% | -48.1% | +121.0% | -37.0% | +30.0% | -9.6% | +38.9% | +49.5% | +26.4% | -69.5% | +166.5% | -16.1% | +298.9% | -63.0% | +43.4% | -32.8% |
| YoY Change | — | — | — | — | +15.3% | +10.0% | +272.7% | +33.6% | -6.0% | +63.7% | +2.8% | +143.8% | +137.0% | -19.9% | +53.7% | -13.7% | +172.3% | +230.5% | +77.9% | +42.5% |
Range$2.28M – $44.99M
CAGR+21.3%
Avg YoY Growth+76.0%
Median YoY Growth+48.1%
CapEx at Other Companies
Frequently Asked Questions
- What is Snowflake's capex?
- Snowflake (SNOW) reported capex of $16.07M in Q4 2025.
- How has Snowflake's capex changed year-over-year?
- Snowflake's capex increased by 42.5% year-over-year, from $11.28M to $16.07M.
- What is the long-term trend for Snowflake's capex?
- Over 4 years (2022 to 2026), Snowflake's capex has grown at a 58.2% compound annual growth rate (CAGR), from $16.22M to $101.63M.
- What does capex mean?
- The money spent on long-term physical assets like machinery, data centers, and office buildings.