Snowflake Inc. (SNOW) Balance Sheet
SNOW balance sheet, FY2026
January 31, 2026 · U.S. dollars$9.13B assets = $7.21B liabilities + $1.92B equity
Both columns are drawn to the same scale: what SNOW owns equals what it owes plus shareholders’ equity. Hover a block for its value.
SNOW financial health
Current ratio1.30
Adequate · current assets cover current liabilities 1.30×
Debt / equity1.42
Moderate leverage · $1.42 of debt for each $1 of equity
Equity / assets21.1%
Balanced · of assets funded by shareholders
Cash / debt147.0%
Cash covers debt · cash & short-term investments vs total debt
Goodwill & intangibles15.8%
Mostly tangible · of total assets
Descriptive bands, not a rating. Fiscal FY2026.
SNOW balance sheet trends, FY2015–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.09BFY2015 | $9.13BFY2026 | +26.6%/yr | |
| Total liabilities | $817.3MFY2015 | $7.21BFY2026 | +27.4%/yr | |
| Shareholders’ equity | $277.7MFY2015 | $1.92BFY2026 | +24.0%/yr | |
| Cash & short-term investments | $116.0MFY2015 | $4.03BFY2026 | +48.3%/yr | |
| Total debt | $612.9MFY2015 | $2.74BFY2026 | +18.1%/yr | |
| Net cash (debt) | −$497.0MFY2015 | $1.29BFY2026 | +$1.8B | |
| Working capital | $58.4MFY2015 | $1.32BFY2026 | +$1.3B | |
| Book value per share | $1.29FY2015 | $5.70FY2026 | +18.0%/yr | |
| Current ratio | 1.40FY2015 | 1.30FY2026 | −0.10 | |
| Debt / equity | 2.21FY2015 | 1.42FY2026 | −0.78 | |
| Shares outstanding | 215.7MFY2015 | 337.5MFY2026 | +5.1%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SNOW assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
SNOW liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
SNOW debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
SNOW balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $4.03B | $4.64B | $3.85B | $4.01B | $3.85B | $3.91B | $434.1M | $608.8M | $133.5M | $116.0M |
| Cash & equivalents | $2.83B | $2.63B | $1.76B | $939.9M | $1.09B | $820.2M | $127.2M | $116.5M | $107.1M | $90.6M |
| Short-term investments | $1.20B | $2.01B | $2.08B | $3.07B | $2.77B | $3.09B | $306.8M | $492.3M | $26.4M | $25.4M |
| Receivables | $1.32B | $946.4M | $926.9M | $715.8M | $545.6M | $294.0M | $179.5M | $63.4M | $36.7M | $36.2M |
| Inventory | $0 | $0 | −$926.9M | $67.9M | $1 | $1 | $26.4M | $0 | $35.2M | $48.9M |
| Other current assets | $392.3M | $187.6M | $1.19B | $193.1M | $200.9M | $98.6M | $25.3M | $26.8M | $0 | $3.5M |
| Total current assets | $5.74B | $5.77B | $5.04B | $4.98B | $4.60B | $4.30B | $665.2M | $699.0M | $200.9M | $204.5M |
| Property, plant & equipment (net) | $523.5M | $655.8M | $499.6M | $392.1M | $295.4M | $255.8M | $223.1M | $22.8M | $0 | $0 |
| Goodwill & intangible assets | $1.44B | $1.33B | $1.31B | $843.4M | $45.6M | $24.5M | $11.8M | $20,000 | $262.2M | $269.4M |
| Long-term investments | $755.0M | $656.5M | $916.3M | $1.07B | $1.26B | $1.17B | $23.5M | $0 | $0 | $0 |
| Other non-current assets | $670.1M | $615.3M | $460.9M | $429.1M | $453.8M | $175.5M | $89.0M | $42.6M | $574.7M | $621.0M |
| Total assets | $9.13B | $9.03B | $8.22B | $7.72B | $6.65B | $5.92B | $1.01B | $764.3M | $1.04B | $1.09B |
| Liabilities | ||||||||||
| Accounts payable | $145.6M | $169.8M | $51.7M | $23.7M | $13.4M | $5.6M | $8.5M | $8.3M | — | — |
| Short-term debt | $49.6M | $35.9M | $33.9M | $27.3M | $25.1M | $19.6M | $18.1M | $4.1M | $3.8M | $10.8M |
| Deferred revenue | $3.35B | $2.58B | $2.20B | $1.67B | $1.16B | $638.7M | $327.1M | $104.0M | — | — |
| Total current liabilities | $4.42B | $3.30B | $2.73B | $1.99B | $1.40B | $789.3M | $416.5M | $144.9M | $136.6M | $146.1M |
| Long-term debt | $2.28B | $2.27B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $461.3M | $413.7M | $288.0M | $251.7M | $206.3M | $204.5M | $211.3M | $16.7M | — | — |
| Other long-term liabilities | $506.9M | $454.6M | $301.6M | $260.2M | $203.6M | $196.0M | $1.14B | $931.9M | $641.1M | $671.1M |
| Total liabilities | $7.21B | $6.03B | $3.03B | $2.25B | $1.60B | $985.3M | $1.56B | $1.08B | $777.8M | $817.3M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $34,000 | $34,000 | $34,000 | $32,000 | $31,000 | $28,000 | $6,000 | $5,000 | — | — |
| Retained earnings (deficit) | −$9.49B | −$7.29B | −$4.08B | −$2.72B | −$1.92B | −$1.24B | −$700.3M | −$351.8M | −$2.73B | −$2.77B |
| Accumulated other comprehensive income | $3.3M | −$2.2M | −$8.2M | −$38.3M | −$16.3M | $439,000 | $216,000 | $16,000 | $131.9M | $145.4M |
| Minority interest | $0 | $6.7M | $10.3M | $12.2M | — | — | — | — | — | — |
| Total shareholders' equity | $1.92B | $3.00B | $5.18B | $5.46B | $5.05B | $4.94B | −$544.8M | −$312.5M | $260.0M | $277.7M |
| Key figures | ||||||||||
| Total debt | $2.74B | $2.69B | $288.0M | $251.7M | $206.3M | $204.5M | $211.3M | $16.7M | $576.2M | $612.9M |
| Net cash (debt) | $1.29B | $1.95B | $3.56B | $3.76B | $3.65B | $3.70B | $222.8M | $592.1M | −$442.7M | −$497.0M |
| Working capital | $1.32B | $2.47B | $2.31B | $2.99B | $3.20B | $3.51B | $248.7M | $554.0M | $64.3M | $58.4M |
| Tangible book value | $482.8M | $1.67B | $3.87B | $4.61B | $5.00B | $4.91B | −$556.6M | −$312.5M | −$2.2M | $8.3M |
| Book value per share | $5.70 | $9.02 | $15.79 | $17.12 | $16.81 | $17.43 | −$1.97 | −$1.31 | $1.21 | $1.29 |
| Shares outstanding | 337.5M | 332.7M | 328.0M | 318.7M | 300.3M | 283.2M | 276.7M | 238.4M | 215.7M | 215.7M |
| Current ratio | 1.30 | 1.75 | 1.85 | 2.50 | 3.29 | 5.45 | 1.60 | 4.82 | 1.47 | 1.40 |
| Quick ratio | 1.21 | 1.69 | 1.75 | 2.37 | 3.15 | 5.32 | 1.47 | 4.64 | 1.24 | 1.04 |
| Debt / equity | 1.42 | 0.90 | 0.06 | 0.05 | 0.04 | 0.04 | — | — | 2.22 | 2.21 |
| Equity / assets | 21.1% | 33.2% | 63.0% | 70.7% | 75.9% | 83.4% | −53.8% | −40.9% | 25.1% | 25.4% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $2.34B | $2.95B | $4.03B | $3.35B | $3.59B | $3.91B | $4.64B | $4.16B | $3.23B | $3.53B | $3.85B | $3.55B |
| Cash & equivalents | $1.71B | $2.08B | $2.83B | $1.94B | $1.88B | $2.24B | $2.63B | $2.15B | $1.28B | $1.33B | $1.76B | $982.2M |
| Short-term investments | $637.5M | $870.3M | $1.20B | $1.41B | $1.71B | $1.67B | $2.01B | $2.01B | $1.95B | $2.20B | $2.08B | $2.57B |
| Receivables | $718.5M | $601.0M | $1.32B | $960.2M | $670.9M | $552.9M | $946.4M | $618.9M | $452.8M | $345.5M | $926.9M | $511.0M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1 | $4.11B | $74.6M |
| Other current assets | $430.7M | $208.2M | $392.3M | $142.2M | $208.7M | $218.2M | $187.6M | $118.4M | $127.9M | $266.4M | $0 | $178.1M |
| Total current assets | $3.49B | $3.76B | $5.74B | $4.46B | $4.47B | $4.68B | $5.77B | $4.89B | $3.81B | $4.14B | $5.04B | $4.31B |
| Property, plant & equipment (net) | $493.0M | $522.1M | $523.5M | $520.5M | $545.5M | $552.3M | $655.8M | $559.1M | $537.2M | $508.3M | $499.6M | $470.6M |
| Goodwill & intangible assets | $2.07B | $1.99B | $1.44B | $1.43B | $1.46B | $1.31B | $1.33B | $1.26B | $1.27B | $1.28B | $1.31B | $1.11B |
| Long-term investments | $1.98B | $1.43B | $755.0M | $1.04B | $1.01B | $956.1M | $656.5M | $892.8M | $697.4M | $928.0M | $916.3M | $947.8M |
| Other non-current assets | $653.6M | $846.9M | $670.1M | $781.1M | $711.7M | $656.7M | $615.3M | $597.0M | $627.4M | $434.5M | $460.9M | $419.5M |
| Total assets | $8.69B | $8.55B | $9.13B | $8.23B | $8.20B | $8.16B | $9.03B | $8.20B | $6.94B | $7.30B | $8.22B | $7.26B |
| Liabilities | ||||||||||||
| Accounts payable | $185.2M | $55.1M | $145.6M | $193.7M | $166.8M | $155.3M | $169.8M | $148.9M | $134.5M | $64.2M | $51.7M | $75.5M |
| Short-term debt | $59.8M | $55.8M | $49.6M | $40.2M | $38.1M | $37.1M | $35.9M | $38.3M | $32.8M | $30.9M | $33.9M | $33.3M |
| Deferred revenue | $2.57B | $2.85B | $3.35B | $2.42B | $2.27B | $2.31B | $2.58B | $1.97B | $1.85B | $1.94B | $2.20B | $1.61B |
| Total current liabilities | $3.72B | $3.78B | $4.42B | $3.38B | $3.10B | $3.03B | $3.30B | $2.65B | $2.46B | $2.43B | $2.73B | $2.03B |
| Long-term debt | $2.28B | $2.28B | $2.28B | $2.28B | $2.28B | $2.27B | $2.27B | $2.27B | $0 | $0 | $0 | $0 |
| Lease obligations | $479.8M | $490.2M | $461.3M | $407.9M | $416.7M | $414.2M | $413.7M | $326.2M | $312.8M | $278.4M | $288.0M | $286.4M |
| Other long-term liabilities | $530.3M | $555.3M | $506.9M | $436.2M | $445.4M | $438.4M | $454.6M | $351.1M | $341.6M | $301.5M | $301.6M | $290.9M |
| Total liabilities | $6.54B | $6.61B | $7.21B | $6.10B | $5.82B | $5.74B | $6.03B | $5.27B | $2.81B | $2.73B | $3.03B | $2.32B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $35,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $33,000 | $34,000 | $34,000 | $34,000 | $33,000 |
| Retained earnings (deficit) | −$10.28B | −$10.09B | −$9.49B | −$9.03B | −$8.51B | −$8.21B | −$7.29B | −$6.97B | −$5.63B | −$4.91B | −$4.08B | −$3.91B |
| Accumulated other comprehensive income | −$18.0M | −$3.6M | $3.3M | $5.1M | $2.8M | $8.2M | −$2.2M | −$2.8M | −$5.4M | −$15.7M | −$8.2M | −$27.2M |
| Minority interest | — | — | $0 | $0 | $6.9M | — | — | — | — | — | — | — |
| Total shareholders' equity | $2.15B | $1.94B | $1.92B | $2.13B | $2.37B | $2.41B | $3.00B | $2.93B | $4.13B | $4.56B | $5.18B | $4.93B |
| Key figures | ||||||||||||
| Total debt | $2.76B | $2.77B | $2.74B | $2.69B | $2.69B | $2.69B | $2.69B | $2.60B | $312.8M | $278.4M | $288.0M | $286.4M |
| Net cash (debt) | −$419.1M | $182.9M | $1.29B | $667.5M | $894.4M | $1.22B | $1.95B | $1.56B | $2.92B | $3.25B | $3.56B | $3.26B |
| Working capital | −$227.7M | −$13.1M | $1.32B | $1.07B | $1.37B | $1.65B | $2.47B | $2.25B | $1.35B | $1.71B | $2.31B | $2.28B |
| Tangible book value | $84.1M | −$48.8M | $482.8M | $701.4M | $912.2M | $1.10B | $1.67B | $1.67B | $2.86B | $3.27B | $3.87B | $3.82B |
| Book value per share | $6.15 | $5.62 | $5.62 | $6.35 | $7.10 | $7.24 | $9.05 | $8.83 | $12.36 | $13.66 | $15.65 | $14.97 |
| Shares outstanding | 349.3M | 345.4M | 342.3M | 335.9M | 334.0M | 332.7M | 331.4M | 331.8M | 334.1M | 333.6M | 331.1M | 329.3M |
| Current ratio | 0.94 | 1.00 | 1.30 | 1.32 | 1.44 | 1.54 | 1.75 | 1.85 | 1.55 | 1.71 | 1.85 | 2.12 |
| Quick ratio | 0.82 | 0.94 | 1.21 | 1.27 | 1.38 | 1.47 | 1.69 | 1.80 | 1.49 | 1.60 | 1.75 | 2.00 |
| Debt / equity | 1.29 | 1.43 | 1.42 | 1.26 | 1.13 | 1.12 | 0.90 | 0.89 | 0.08 | 0.06 | 0.06 | 0.06 |
| Equity / assets | 24.7% | 22.7% | 21.1% | 25.9% | 28.9% | 29.5% | 33.2% | 35.7% | 59.5% | 62.5% | 63.0% | 67.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 20, 2026); data from EODHD.
SNOW financial position
At the end of fiscal 2026 (January 31, 2026), Snowflake had total assets of $9.1 billion (up 1.1% from a year earlier), total liabilities of $7.2 billion and shareholders' equity of $1.9 billion. It held $4.0 billion in cash and short-term investments against $2.7 billion of debt, a net cash position of $1.3 billion. Its current ratio was 1.30. In the latest quarter (ended July 31, 2026) total assets were $8.7 billion and equity $2.1 billion.
Related: SNOW income statement, SNOW cash flow statement, SNOW key metrics. See the SNOW stock overview for the latest quote and news.
SNOW balance sheet FAQ
What are Snowflake's total assets?
Snowflake reported total assets of $9.1 billion at the end of fiscal 2026 (January 31, 2026), compared with $9.0 billion a year earlier.
How much debt does Snowflake have?
Snowflake had $2.7 billion of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 1.42.
How much cash does Snowflake have?
Snowflake held $4.0 billion in cash and short-term investments at the end of fiscal 2026; with $2.7 billion of debt that is net cash of $1.3 billion.
What is Snowflake's book value?
Snowflake's shareholders' equity (book value) was $1.9 billion at the end of fiscal 2026, or $5.70 per share.
What is Snowflake's current ratio?
Snowflake had current assets of $5.7 billion and current liabilities of $4.4 billion, a current ratio of 1.30 (it can cover its short-term obligations).
How much goodwill does Snowflake have?
Snowflake carried $1.4 billion of goodwill and intangible assets, 15.8% of total assets, at the end of fiscal 2026.