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Snowflake SNOW Increase (Decrease) In Capitalized Contract Cost

Increase (Decrease) In Capitalized Contract Cost at other companies

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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$110.22B+56.9%
Enterprise value$108.58B+58.0%
P/S21.9×+4.8×

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 snow:IncreaseDecreaseInCapitalizedContractCost.

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 itemThree Months Ended April 30, 2026Three Months Ended April 30, 2025
Other2,821(5,174)
Changes in operating assets and liabilities, net of effects of a business combination:
Accounts receivable747,217393,657
Deferred commissions(36,799)(31,114)
Prepaid expenses and other assets(22,455)(17,852)
Accounts payable(89,673)(4,423)
Accrued expenses and other liabilities(80,791)3,935
Operating lease liabilities(19,207)(11,838)

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Snowflake's increase (decrease) in capitalized contract cost?
Snowflake (SNOW) reported increase (decrease) in capitalized contract cost of $36.8M in Q1 2026.
How has Snowflake's increase (decrease) in capitalized contract cost changed year-over-year?
Snowflake's increase (decrease) in capitalized contract cost increased by 18.3% year-over-year, from $31.11M to $36.8M.
What is the long-term trend for Snowflake's increase (decrease) in capitalized contract cost?
Over 4 years (2022 to 2026), Snowflake's increase (decrease) in capitalized contract cost has grown at a 33.6% compound annual growth rate (CAGR), from $95.88M to $305.06M.
What does increase (decrease) in capitalized contract cost mean?
This represents the change in costs incurred to obtain or fulfill a contract that are capitalized rather than expensed immediately. These costs are typically amortized over the expected benefit period of the contract. It reflects the company's investment in sales commissions and other customer acquisition costs.

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