Operating

Operating lease liabilities

Snowflake Operating lease liabilities decreased by 122.4% to -$11.84M in Q1 2025 compared to the prior quarter. Year-over-year, this metric grew by 11.5%, from -$13.37M to -$11.84M. Over 3 years (FY 2022 to FY 2025), Operating lease liabilities shows a downward trend with a 7.6% CAGR.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ1 2019
Last reportedQ1 2026May 30, 2025

How to read this metric

Changes reflect the net effect of new lease agreements, renewals, and the cash payments made to settle existing lease obligations.

Detailed definition

This reflects the change in the company's obligations related to operating leases for office space or equipment. Under m...

Peer comparison

Standard line item for companies with significant physical footprints or equipment leasing arrangements.

Metric ID: operating_increase_decrease_in_operating_lease_liabiliti_990db1

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value-$7.83M-$10.35M-$10.99M-$9.07M-$8.38M-$7.65M-$12.72M-$13.60M-$10.76M-$14.53M-$9.06M-$6.15M-$13.37M-$13.02M-$15.99M-$5.32M-$11.84M
QoQ Change-32.2%-6.2%+17.4%+7.7%+8.7%-66.3%-7.0%+20.9%-35.0%+37.7%+32.0%-117.3%+2.6%-22.8%+66.7%-122.4%
YoY Change-6.9%+26.1%-15.7%-49.9%-28.5%-90.0%+28.8%+54.8%-24.3%+10.3%-76.6%+13.5%+11.5%
Range-$15.99M-$5.32M
CAGR+10.9%
Avg YoY Growth-11.3%
Median YoY Growth-6.9%

Frequently Asked Questions

What is Snowflake's operating lease liabilities?
Snowflake (SNOW) reported operating lease liabilities of -$11.84M in Q1 2025.
How has Snowflake's operating lease liabilities changed year-over-year?
Snowflake's operating lease liabilities increased by 11.5% year-over-year, from -$13.37M to -$11.84M.
What is the long-term trend for Snowflake's operating lease liabilities?
Over 3 years (2022 to 2025), Snowflake's operating lease liabilities has grown at a 7.6% compound annual growth rate (CAGR), from -$38.25M to -$47.71M.
What does operating lease liabilities mean?
The change in the company's total obligation for operating leases.