Snowflake Inc. (SNOW) Research & Development Expenses
The r&d expense for Snowflake Inc. (SNOW) is $1.97 Billion with a year-over-year change of +10.43%. Research and Development (R&D) expenses represent the costs incurred by a company in developing new products, services, or processes.
SNOW R&D Expense Chart
Current R&D Expense
$1.97B
$1.97 Billion
Year-over-Year Change
+10.43%
vs. $1.78B prior year
Historical Data
8
Years of data available
Annual R&D Expense History
| Year | R&D Expense | YoY Change | % Change |
|---|---|---|---|
| 2026 | $1.97B | +$186.09M | +10.43% |
| 2025 | $1.78B | +$495.43M | +38.47% |
| 2024 | $1.29B | +$499.89M | +63.43% |
| 2023 | $788.06M | +$321.13M | +68.77% |
| 2022 | $466.93M | +$228.99M | +96.23% |
| 2021 | $237.95M | +$132.79M | +126.27% |
| 2020 | $105.16M | +$36.48M | +53.11% |
| 2019 | $68.68M | — | — |
About Snowflake Inc.
Snowflake Inc. delivers a cloud-centric data platform to customers across both the United States and international markets. The company's core offering, known as the Data Cloud, enables users to unify disparate data sources into a singular, reliable foundation. This unified data then facilitates the extraction of crucial business intelligence, the creation of innovative data-driven applications, and secure data sharing. This adaptable platform serves a wide array of organizations, encompassing various sizes and industries. Originating in 2012, the enterprise was initially recognized as Snowflake Computing, Inc., before officially rebranding to Snowflake Inc. in April 2019. Its principal operations are conducted from Bozeman, Montana.
- Sector
- Technology
- Industry
- Software - Application
- CEO
- Sridhar Ramaswamy