What is Snowflake's accrued expenses?

Snowflake (SNOW) reported accrued expenses of $244.58M in Q1 2026.

What does accrued expenses mean?

Expenses the company has incurred but has not yet received a bill for or paid.

Snowflake Accrued Expenses decreased by 19.7% to $244.58M in Q1 2026 compared to the prior quarter.

StatementBalance Sheet Statement

SectionCurrent Liabilities

CategoryLiquidity

SignalContext dependent

VolatilityModerate

First reportedQ4 2026

Last reportedQ1 2027May 29, 2026

A steady balance is normal, but a rapid increase could indicate rising operational costs or delays in vendor invoicing.

This represents liabilities for expenses that have been incurred but not yet invoiced or paid, such as utilities, profes...

Standard current liability found in almost all corporate balance sheets.

Metric ID: accrued_expenses

2 periods

	Q4 '26	Q1 '27
Value	$304.62M	$244.58M
QoQ Change	—	-19.7%

Range$244.58M – $304.62M

What is Snowflake's accrued expenses?: Snowflake (SNOW) reported accrued expenses of $244.58M in Q1 2026.
What does accrued expenses mean?: Expenses the company has incurred but has not yet received a bill for or paid.