Filing Flows

Filing Flows › Companies › Snowflake › Cash flow

Snowflake cash flow, quarter by quarter

Latest: Q2 FY27 · from the cash-flow statements filed with the SEC

Free cash flow$83.8M in Q2 FY27 · $1.2B over twelve months

Operating cash flow$91.4M
Capital spending−$7.6M
Free cash flow+$83.8M
Cash conversion cycle17 days

Analysis

In Q2 FY27, Snowflake generated $91.4M of operating cash flow and spent $7.6M on capital projects, leaving free cash flow of $83.8M. That is $25.6M more than in Q2 FY26 ($58.2M).

Over the twelve months to Jul 31, 2026, operating cash flow was $1.3B; the largest uses were taxes on employees’ shares ($706M), buybacks ($683M), other investing ($228M); besides operations, cash came from shares issued ($124M), other financing ($89.0M); the cash balance fell by $209M.

Operating cash flow was $91.4M against net income of −$192M. The largest differences: stock-based pay +$424M, deferred revenue −$279M, receivables −$147M.

Its cash conversion cycle was 17 days (receivables 39 + inventory 0 − payables 22).

Free cash flow

Snowflake: free cash flow by quarterSnowflake: free cash flow by quarter$88.3MQ3 FY25$421MQ4 FY25$183MQ1 FY26$58.2MQ2 FY26$114MQ3 FY26$765MQ4 FY26$233MQ1 FY27$83.8MQ2 FY27
Operating cash flow less capital spending.
Snowflake: operating cash flow against capital spendingSnowflake: operating cash flow against capital spendingOperating cash flowCapital spending$102M$13.4MQ3 FY25$433M$11.3MQ4 FY25$228M$45.0MQ1 FY26$74.9M$16.7MQ2 FY26$138M$23.9MQ3 FY26$781M$16.1MQ4 FY26$243M$10.5MQ1 FY27$91.4M$7.6MQ2 FY27
Latest (Q2 FY27): Operating cash flow $91.4M, Capital spending $7.6M.

Capital allocation, year by year

Snowflake: where the cash came from (up) and went (down), by fiscal yearSnowflake: where the cash came from (up) and went (down), by fiscal yearOperating cash flowNet borrowingShares issuedCapital spendingAcquisitionsBuybacksFY22: Operating cash flow $110MFY22: Shares issued $127MFY22: Capital spending −$16.2M$237MFY22FY23: Operating cash flow $546MFY23: Shares issued $39.9MFY23: Capital spending −$25.1MFY23: Acquisitions −$363M$586MFY23FY24: Operating cash flow $848MFY24: Shares issued $57.2MFY24: Capital spending −$35.1MFY24: Acquisitions −$276MFY24: Buybacks −$592M$905MFY24FY25: Operating cash flow $960MFY25: Net borrowing $2.3BFY25: Shares issued $44.9MFY25: Capital spending −$46.3MFY25: Acquisitions −$30.3MFY25: Buybacks −$1.9B$3.3BFY25FY26: Operating cash flow $1.2BFY26: Shares issued $84.1MFY26: Capital spending −$102MFY26: Acquisitions −$179MFY26: Buybacks −$874M$1.3BFY26
Over these 5 years operating cash flow totalled $3.7B; the largest uses were buybacks ($3.4B) and acquisitions ($847M). Cash-flow statements as filed.

Cash runway and the debt wall

Cash & investments$2.3B
Debtnone
Net cash$2.3B

Snowflake funds itself: free cash flow was $1.2B over the last twelve months, with $2.3B of cash and investments and no debt on the balance sheet.

Where the cash came from and went

Snowflake: sources (+) and uses (−) of cash, Q2 FY27Snowflake: sources (+) and uses (−) of cash, Q2 FY27Cash drawn (+) / kept (−)$377MOther investing−$342MTaxes on employees’ shares−$185MOperating cash flow$91.4MShares issued$67.8MCapital spending−$7.6MExchange rates−$1.9M
Snowflake: sources (+) and uses (−) of cash, TTM to Q2 FY27Snowflake: sources (+) and uses (−) of cash, TTM to Q2 FY27Operating cash flow$1.3BTaxes on employees’ shares−$706MBuybacks−$683MOther investing−$228MCash drawn (+) / kept (−)$209MShares issued$124MOther financing$89.0MCapital spending−$58.0MExchange rates−$74K

From profit to cash

Snowflake: net income to operating cash flow, Q2 FY27Snowflake: net income to operating cash flow, Q2 FY27Net income−$192MDepreciation & amortization$68.6MStock-based pay$424MDeferred taxes−$1.9MImpairments$112KOther non-cash$4.5MReceivables−$147MPayables$131MAccrued liabilities$109MDeferred revenue−$279MPrepaid and other assets$22.1MOperating cash flow$91.4M
Non-cash charges are added back; money tied up in receivables or inventory is subtracted.
QuarterReceivable daysInventory daysPayable daysCash conversion cycle
Q2 FY2739—2217
Q1 FY2760—1941
Q4 FY2680—3744
Q3 FY2660—4218
Q2 FY2647—407
Q1 FY2662—4121
Q4 FY2571—4427
Q3 FY2550—4110

Every quarter

QuarterOperating cash flowCapital spendingAcquisitionsBuybacksShares issuedCash drawn (+) / kept (−)Free cash flow
Q2 FY27$91.4M−$7.6M——$67.8M$377M$83.8M
Q1 FY27$243M−$10.5M−$252M−$300M$6.6M$736M$233M
Q4 FY26$781M−$16.1M−$14.6M−$150M$20.8M−$880M$765M
Q3 FY26$138M−$23.9M—−$233M$28.8M−$23.8M$114M
Q2 FY26$74.9M−$16.7M−$164M—$28.2M$359M$58.2M
Q1 FY26$228M−$45.0M—−$491M$6.3M$379M$183M
Q4 FY25$433M−$11.3M−$13.2M—$9.7M−$532M$421M
Q3 FY25$102M−$13.4M−$8.2M−$1.0B$11.5M−$853M$88.3M

Snowflake: income statement and cash flow

Snowflake, Q2 FY27: revenue $1.5B (+35% year over year), operating margin -17.0%. The chart follows the revenue to costs, profit and cash.

Snowflake: every quarter, Q/Q and Y/Y → Open in the app

Read automatically from the company’s XBRL cash-flow statements; quarterly figures for the fourth quarter are the year less the first three. Errors are possible. Not investment advice.