Snowflake Inc. balance sheet
At the end of fiscal 2026, Snowflake Inc. had total assets of $9.13bn, total liabilities of $7.21bn and shareholders' equity of $1.92bn.
Balance sheet
| Fiscal year | 2019Jan 2019 | 2020Jan 2020 | 2021Jan 2021 | 2022Jan 2022 | 2023Jan 2023 | 2024Jan 2024 | 2025Jan 2025 | 2026Jan 2026 | LTMJul 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 117 | 127 | 820 | 1,086 | 940 | 1,763 | 2,629 | 2,828 | 1,707 |
| Receivables | — | 179 | 294 | 546 | 716 | 927 | 923 | 1,304 | 718 |
| Total current assets | — | 665 | 4,301 | 4,599 | 4,985 | 5,039 | 5,869 | 5,743 | 3,494 |
| Goodwill | 0 | 7 | 8 | 8 | 657 | 976 | 1,057 | 1,194 | 1,639 |
| Total assets | — | 1,013 | 5,922 | 6,650 | 7,722 | 8,223 | 9,034 | 9,132 | 8,690 |
| Accounts payable | — | 8 | 6 | 13 | 24 | 52 | 170 | 146 | 185 |
| Deferred revenue (current) | — | 327 | 639 | 1,158 | 1,673 | 2,199 | 2,580 | 3,347 | 2,568 |
| Total current liabilities | — | 416 | 789 | 1,397 | 1,994 | 2,731 | 3,301 | 4,422 | 3,722 |
| Total debt | 0 | — | — | — | — | — | — | — | 2,284 |
| Total liabilities | — | 621 | 985 | 1,601 | 2,254 | 3,033 | 6,027 | 7,208 | 6,541 |
| Shareholders' equity | −312 | −545 | 4,936 | 5,049 | 5,456 | 5,180 | 3,000 | 1,924 | 2,150 |
| Non-controlling interests and other (assets − liabilities − equity) | — | 936 | — | — | — | — | — | — | — |
| Net debt (negative = net cash) | −117 | −127 | −820 | −1,086 | −940 | −1,763 | −2,629 | −2,828 | 577 |
| Shares outstanding | — | — | — | — | — | — | — | 344m | 352m |
| Quarter | 2025 Q3Oct 2024 | 2025 Q4Jan 2025 | 2026 Q1Apr 2025 | 2026 Q2Jul 2025 | 2026 Q3Oct 2025 | 2026 Q4Jan 2026 | 2027 Q1Apr 2026 | 2027 Q2Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | 596 | 923 | 531 | 647 | 938 | 1,304 | 580 | 718 |
| Total current assets | 4,984 | 5,869 | 4,786 | 4,596 | 4,623 | 5,743 | 3,977 | 3,494 |
| Goodwill | 991 | 1,057 | 1,057 | 1,175 | 1,175 | 1,194 | 1,537 | 1,639 |
| Total assets | 8,202 | 9,034 | 8,157 | 8,197 | 8,230 | 9,132 | 8,554 | 8,690 |
| Accounts payable | 149 | 170 | 155 | 167 | 194 | 146 | 55 | 185 |
| Deferred revenue (current) | 1,975 | 2,580 | 2,310 | 2,268 | 2,424 | 3,347 | 2,852 | 2,568 |
| Total current liabilities | 2,647 | 3,301 | 3,031 | 3,096 | 3,383 | 4,422 | 3,777 | 3,722 |
| Total liabilities | 5,268 | 6,027 | 5,743 | 5,817 | 6,097 | 7,208 | 6,615 | 6,541 |
| Shareholders' equity | 2,929 | 3,000 | 2,408 | 2,373 | 2,133 | 1,924 | 1,940 | 2,150 |
| Shares outstanding | — | — | — | — | — | 344m | 347m | 352m |
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