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Snowflake (SNOW) R&D spending by quarter

Snowflake's R&D spending was $567M in Q2 FY27 (second quarter fiscal 2027), +6% from Q1 FY27. Over the last 7 quarters it ranged from $472M (Q1 FY26) to $567M (Q2 FY27).

Snowflake R&D spending by quarterSnowflake R&D spending by quarter$492MQ4 FY25$472MQ1 FY26$492MQ2 FY26$494MQ3 FY26$511MQ4 FY26$535MQ1 FY27$567MQ2 FY27
QuarterR&D spendingQ/QY/Y
Q2 FY27$567M+6%+15%
Q1 FY27$535M+5%+13%
Q4 FY26$511M+3%+4%
Q3 FY26$494M+0.4%—
Q2 FY26$492M+4%—
Q1 FY26$472M-4%—
Q4 FY25$492M——

Q2 FY27 at a glance

Snowflake, Q2 FY27: revenue $1.5B (+35% year over year), operating margin -17.0%, net loss $192M, operating cash flow $91.4M. The chart follows the revenue to costs, profit and cash.

Questions

What is Snowflake's R&D spending?

Snowflake's R&D spending was $567M in Q2 FY27 (second quarter fiscal 2027), +6% from Q1 FY27.

How has Snowflake's R&D spending changed?

Over the last 7 quarters it ranged from $472M (Q1 FY26) to $567M (Q2 FY27).

Q2 FY27 results → · How Snowflake makes money →