What is Snowflake's operating lease rou assets?

Snowflake (SNOW) reported operating lease rou assets of $294.86M in Q1 2026.

What does operating lease rou assets mean?

The balance sheet value of the company's right to use leased property and equipment.

Snowflake Operating Lease ROU Assets increased by 7.3% to $294.86M in Q1 2026 compared to the prior quarter.

StatementBalance Sheet Statement

SectionNon-Current Assets

CategoryEfficiency

SignalContext dependent

VolatilityStable

First reportedQ4 2026

Last reportedQ1 2027May 29, 2026

An increase suggests expansion of leased facilities or equipment, while a decrease may indicate lease expirations or a shift toward ownership.

This represents the capitalized value of the right to use leased assets, such as office space or equipment, over the lea...

Standard across all public companies under ASC 842 or IFRS 16 reporting.

Metric ID: operating_lease_rou_assets

2 periods

	Q4 '26	Q1 '27
Value	$274.90M	$294.86M
QoQ Change	—	+7.3%

Range$274.90M – $294.86M

What is Snowflake's operating lease rou assets?: Snowflake (SNOW) reported operating lease rou assets of $294.86M in Q1 2026.
What does operating lease rou assets mean?: The balance sheet value of the company's right to use leased property and equipment.