What is Snowflake's operating lease ROU assets?

Snowflake (SNOW) reported operating lease ROU assets of $294.86M in Q1 2026.

What does operating lease ROU assets mean?

Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

Snowflake SNOW Operating Lease ROU Assets

Operating Lease ROU Assets at other companies

MicrosoftMSFT

$24.4B-0.3%

TeradataTDC

$6M-25.0%

AmazonAMZN

$88.74B+13.1%

OracleORCL

$29.69B+126%

MongoDBMDB

$26.61M-21.1%

ElasticESTC

$18.64M-16.5%

Other financials

Income statement

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Revenue$1.4B+33.5%

Gross profit$926.5M+33.6%

Operating income-$326.2M+27.1%

Net income-$295.6M+31.3%

EPS (diluted)-$0.86+33.3%

Balance sheet

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Cash & equivalents$2.1B-8.2%

Total debt$490.2M+18.4%

Total equity$1.9B-19.4%

Total assets$8.6B+4.9%

Cash flow

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Operating cash flow$243.2M+6.5%

CapEx$10.5M-76.8%

Free cash flow$232.8M+26.9%

Valuation

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Market cap$79.86B-11.0%

Enterprise value$77.49B-10.9%

P/S17.1×-8.1×

Profitability

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Gross margin67.1%+0.8pp

Operating margin-26.1%-6.8pp

Net margin-23.8%-6.1pp

FCF margin23.2%+3.5pp

Returns & leverage

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Return on equity-55.1%+32.5pp

Debt / equity0.3×+0.1×

Current ratio1.1×-0.5×

Where this comes from

Reported directly by Snowflake in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseRightOfUseAsset.

The official record: Snowflake’s 10-Q, filed May 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Snowflake's operating lease ROU assets?: Snowflake (SNOW) reported operating lease ROU assets of $294.86M in Q1 2026.
What does operating lease ROU assets mean?: Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.