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Snowflake SNOW Operating Lease ROU Assets

Operating Lease ROU Assets at other companies

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LiveRamp Holdings, Inc.RAMP
5.7%+0.2pp
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MicrosoftMSFT
$24.18B-2.6%
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TeradataTDC
$8M-11.1%
Amazon logo
AmazonAMZN
$88.74B+13.1%
Palantir Technologies Inc. logo
Palantir Technologies Inc.PLTR
$230.27M+13.2%
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OracleORCL
$29.69B+126%

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 us-gaap:OperatingLeaseRightOfUseAsset.

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 assets3,977,1075,742,612
Long-term investments1,432,494755,013
Property and equipment, net227,207248,611
Operating lease right-of-use assets294,863274,897
Goodwill1,537,1851,194,367
Intangible assets, net451,357246,916
Deferred commissions, non-current222,000241,759
Other assets412,043428,320

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

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?
Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

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