Deferred Revenue
Snowflake Deferred Revenue increased by 38.1% to $3.35B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 29.7%, from $2.58B to $3.35B. Over 5 years (FY 2021 to FY 2026), Deferred Revenue shows an upward trend with a 39.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests strong sales of subscription-based services or bundled offerings, providing a predictable pipeline for future revenue recognition.
Detailed definition
Represents cash payments received from customers in advance of the company fulfilling its performance obligations, speci...
Peer comparison
High-growth software and services companies typically maintain larger deferred revenue balances relative to pure hardware manufacturers.
deferred_revenue_currentHistorical Data
| 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 | $635.09M | $701.76M | $759.74M | $1.16B | $1.13B | $1.14B | $1.20B | $1.67B | $1.56B | $1.52B | $1.61B | $2.20B | $1.94B | $1.85B | $1.97B | $2.58B | $2.31B | $2.27B | $2.42B | $3.35B |
| QoQ Change | — | +10.5% | +8.3% | +52.4% | -2.2% | +1.1% | +4.8% | +39.5% | -6.8% | -2.4% | +5.4% | +36.9% | -12.0% | -4.5% | +6.8% | +30.6% | -10.5% | -1.8% | +6.8% | +38.1% |
| YoY Change | — | — | — | — | +78.4% | +63.1% | +57.9% | +44.5% | +37.8% | +33.0% | +33.8% | +31.4% | +24.0% | +21.4% | +23.0% | +17.3% | +19.3% | +22.7% | +22.7% | +29.7% |
Deferred Revenue at Other Companies
Frequently Asked Questions
- What is Snowflake's deferred revenue?
- Snowflake (SNOW) reported deferred revenue of $3.35B in Q4 2025.
- How has Snowflake's deferred revenue changed year-over-year?
- Snowflake's deferred revenue increased by 29.7% year-over-year, from $2.58B to $3.35B.
- What is the long-term trend for Snowflake's deferred revenue?
- Over 5 years (2021 to 2026), Snowflake's deferred revenue has grown at a 39.3% compound annual growth rate (CAGR), from $638.65M to $3.35B.
- What does deferred revenue mean?
- Money collected from customers for products or services that haven't been delivered yet but will be within a year.