Operating
Non-cash operating lease costs
Snowflake Non-cash operating lease costs increased by 75.2% to $17.84M in Q1 2025 compared to the prior quarter. Year-over-year, this metric grew by 30.0%, from $13.72M to $17.84M. Over 3 years (FY 2022 to FY 2025), Non-cash operating lease costs shows an upward trend with a 19.0% CAGR.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2020
Last reportedQ1 2026May 30, 2025
How to read this metric
Changes reflect shifts in the company's real estate footprint or lease accounting adjustments.
Detailed definition
This reflects the non-cash portion of operating lease expenses recognized under accounting standards for right-of-use as...
Peer comparison
Standard for companies with significant physical office or data center lease footprints.
Metric ID:
operating_noncash_operating_lease_costsHistorical Data
17 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $8.51M | $12.73M | $12.34M | $1.97M | $10.09M | $15.56M | $13.49M | $7.10M | $12.87M | $14.70M | $14.80M | $10.52M | $13.72M | $20.28M | $15.76M | $10.18M | $17.84M |
| QoQ Change | — | +49.6% | -3.1% | -84.0% | +411.2% | +54.2% | -13.3% | -47.4% | +81.3% | +14.2% | +0.7% | -28.9% | +30.4% | +47.8% | -22.3% | -35.4% | +75.2% |
| YoY Change | — | — | — | — | +18.6% | +22.2% | +9.3% | +259.6% | +27.5% | -5.5% | +9.7% | +48.2% | +6.6% | +37.9% | +6.5% | -3.2% | +30.0% |
Range$1.97M – $20.28M
CAGR+20.3%
Avg YoY Growth+36.0%
Median YoY Growth+18.6%
Non-cash operating lease costs at Other Companies
Frequently Asked Questions
- What is Snowflake's non-cash operating lease costs?
- Snowflake (SNOW) reported non-cash operating lease costs of $17.84M in Q1 2025.
- How has Snowflake's non-cash operating lease costs changed year-over-year?
- Snowflake's non-cash operating lease costs increased by 30.0% year-over-year, from $13.72M to $17.84M.
- What is the long-term trend for Snowflake's non-cash operating lease costs?
- Over 3 years (2022 to 2025), Snowflake's non-cash operating lease costs has grown at a 19.0% compound annual growth rate (CAGR), from $35.55M to $59.94M.
- What does non-cash operating lease costs mean?
- Non-cash accounting adjustments related to the cost of leased office space or equipment.