Snowflake Inc.
For the period ended Jan 31, 2026. Filed Mar 20, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2026 · Filed Mar 20, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| January 31, 2026 | January 31, 2025 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $2,828,163 | $2,628,798 |
| Short-term investments | 1,201,523 | 2,008,873 |
| Accounts receivable, net | 1,303,740 | 922,805 |
| Deferred commissions, current | 214,058 | 97,662 |
| Prepaid expenses and other current assets | 195,128 | 211,234 |
| Total current assets | 5,742,612 | 5,869,372 |
| Long-term investments | 755,013 | 656,476 |
| Property and equipment, net | 248,611 | 296,393 |
| Operating lease right-of-use assets | 274,897 | 359,439 |
| Goodwill | 1,194,367 | 1,056,559 |
| Intangible assets, net | 246,916 | 278,028 |
| Deferred commissions, non-current | 241,759 | 183,967 |
| Other assets | 428,320 | 333,704 |
| Total assets | $9,132,495 | $9,033,938 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $145,559 | $169,767 |
| Accrued expenses and other current liabilities | 879,537 | 515,454 |
| Operating lease liabilities, current | 49,598 | 35,923 |
| Deferred revenue, current | 3,346,997 | 2,580,039 |
| Total current liabilities | 4,421,691 | 3,301,183 |
| Convertible senior notes, net | 2,279,827 | 2,271,529 |
| Operating lease liabilities, non-current | 411,689 | 377,818 |
| Deferred revenue, non-current | 14,440 | 15,501 |
| Other liabilities | 80,746 | 61,264 |
| Total liabilities | 7,208,393 | 6,027,295 |
| Commitments and contingencies (Note 11) | ||
| Stockholders’ equity: | ||
| Preferred stock; $0.0001 par value per share; 200,000 shares authorized, zero shares issued and outstanding as of each of January 31, 2026 and 2025 | — | — |
| Common stock; $0.0001 par value per share; 2,500,000 Class A shares authorized; 344,317 and 334,301 shares issued as of January 31, 2026 and 2025, respectively; 343,918 and 333,865 shares outstanding as of January 31, 2026 and 2025, respectively; zero and 185,461 Class B shares authorized as of January 31, 2026 and 2025, respectively, zero shares issued and outstanding as of each of January 31, 2026 and 2025(1) | 34 | 34 |
| Treasury stock, at cost; 399 shares and 436 shares held as of January 31, 2026 and 2025, respectively | (54,488) | (59,505) |
| Additional paid-in capital | 11,469,468 | 10,355,211 |
| Accumulated other comprehensive income (loss) | 3,337 | (2,236) |
| Accumulated deficit | (9,494,249) | (7,293,575) |
| Total Snowflake Inc. stockholders’ equity | 1,924,102 | 2,999,929 |
| Noncontrolling interest | — | 6,714 |
| Total stockholders’ equity | 1,924,102 | 3,006,643 |
| Total liabilities and stockholders’ equity | $9,132,495 | $9,033,938 |
(1)On July 3, 2025, all authorized shares of the Company’s Class B common stock were eliminated and the Company’s Class A common stock was renamed to “common stock,” pursuant to the terms of the Company’s amended and restated certificate of incorporation. Unless otherwise noted, all references herein to the Company’s common stock refer to the Class A common stock prior to the effectiveness of the certificate. See Note 12, “Equity,” for further details.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.