Company / R&D Expense
Snowflake Inc. R&D Expense History
FY2018-FY2026 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$1.3B
FY2026
5-year range
$105.2M / $2.0B
FY2022-FY2026
Trend
-34.6%
vs FY2025
Sector context
#29 of 264
Information Technology
What the data says
Snowflake Inc.'s r&d expense of $1.3B is higher than 89% of companies in the Information Technology sector (FY2026). R&D Expense has fluctuated over the past 9 years, ranging from $69M in FY2018 to $2.0B in FY2025.
Based on SEC 10-K filings.
$1.3B in FY2026 with a 5-year CAGR of +22.5%. Top quartile in the Information Technology sector.
Declined from $1.8B to $1.3B over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +75.6%
- 5-Year CAGR
- +22.5%
- 10-Year CAGR
- -
Sector benchmark
+39.3% above sector average
Key checks
Key Insights
- 5-year CAGR of +22.5%, indicating consistent growth.
- In FY2026, r&d expense decreased 34.6% year-over-year.
- Ranks #29 out of 264 companies in the Information Technology sector.
- Peak r&d expense was recorded in FY2025.
Company context
Key Data Points
- Altman Z-Score 0.24 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2026 | $1.3B | -34.6% |
| FY2025 | $2.0B | +10.4% |
| FY2024 | $1.8B | +649.5% |
| FY2023 | $237.9M | +126.3% |
| FY2022 | $105.2M | -77.5% |
| FY2021 | $466.9M | +96.2% |
| FY2020 | $237.9M | +126.3% |
| FY2019 | $105.2M | +53.1% |
| FY2018 | $68.7M | - |
As of FY2026 · SEC Form 10-K · Last checked Jun 30, 2026