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Snowflake SNOW Contract Liabilities, Non-Current

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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$114.55B+79.0%
Enterprise value$112.91B+80.8%
P/S22.8×+7.2×

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:ContractWithCustomerLiabilityNoncurrent.

The source filing: Snowflake’s 10-Q, filed May 29, 2026.

Filed
May 29, 2026, 4:04 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001640147-26-000030
Line itemApril 30, 2026January 31, 2026
Total current liabilities3,777,2914,421,691
Convertible senior notes, net2,281,9032,279,827
Operating lease liabilities, non-current434,409411,689
Deferred revenue, non-current25,66314,440
Other liabilities95,26880,746
Total liabilities6,614,5347,208,393
Commitments and contingencies (Note 11)
Stockholders’ equity:

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Snowflake's contract liabilities, non-current?
Snowflake (SNOW) reported contract liabilities, non-current of $25.66M in Q1 2026.
How has Snowflake's contract liabilities, non-current changed year-over-year?
Snowflake's contract liabilities, non-current increased by 87.0% year-over-year, from $13.72M to $25.66M.
What is the long-term trend for Snowflake's contract liabilities, non-current?
Over 5 years (2021 to 2026), Snowflake's contract liabilities, non-current has grown at a 28.1% compound annual growth rate (CAGR), from $4.19M to $14.44M.

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