Non-Current Liabilities

Deferred revenue, net of current portion

Snowflake Deferred revenue, net of current portion increased by 32.7% to $14.44M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 6.8%, from $15.50M to $14.44M. Over 5 years (FY 2021 to FY 2026), Deferred revenue, net of current portion shows an upward trend with a 28.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ2 2020
Last reportedQ1 2026

How to read this metric

An increase suggests strong long-term bookings and future revenue growth, while a decrease may indicate a slowdown in long-term contract renewals.

Detailed definition

This represents the portion of deferred revenue that is expected to be recognized as revenue beyond the next twelve mont...

Peer comparison

Common in SaaS and software companies; peers typically show growth in this metric as they scale enterprise subscriptions.

Metric ID: non_current_liabilities_contract_with_customer_liability_a5d23a

Historical Data

20 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$3.65M$7.10M$7.13M$11.18M$10.43M$8.79M$7.33M$11.46M$14.15M$12.48M$12.08M$14.40M$14.69M$12.28M$11.97M$15.50M$13.72M$11.54M$10.88M$14.44M
QoQ Change+94.5%+0.5%+56.8%-6.7%-15.7%-16.6%+56.3%+23.5%-11.8%-3.2%+19.2%+2.0%-16.4%-2.5%+29.5%-11.5%-15.9%-5.7%+32.7%
YoY Change+185.9%+23.8%+2.8%+2.5%+35.6%+41.9%+64.8%+25.6%+3.8%-1.6%-0.9%+7.6%-6.6%-6.0%-9.1%-6.8%
Range$3.65M$15.50M
CAGR+33.6%
Avg YoY Growth+22.7%
Median YoY Growth+3.3%

Frequently Asked Questions

What is Snowflake's deferred revenue, net of current portion?
Snowflake (SNOW) reported deferred revenue, net of current portion of $14.44M in Q4 2025.
How has Snowflake's deferred revenue, net of current portion changed year-over-year?
Snowflake's deferred revenue, net of current portion decreased by 6.8% year-over-year, from $15.50M to $14.44M.
What is the long-term trend for Snowflake's deferred revenue, net of current portion?
Over 5 years (2021 to 2026), Snowflake's deferred revenue, net of current portion has grown at a 28.1% compound annual growth rate (CAGR), from $4.19M to $14.44M.
What does deferred revenue, net of current portion mean?
Revenue received in advance for services or products to be delivered more than one year in the future.