In the most recent quarter, Q4'26, Snowflake's operating cash flow reached $781M USD, marking a significant increase from the prior quarter's $138M USD, while free cash flow stood at $765M USD, also showing robust growth from $114M USD in Q3'26. This latest data point highlights a strong year-end performance, with both metrics reflecting improved cash generation efficiency. Over the period from Q1'24 to Q4'26, operating cash flow exhibited volatility with notable peaks in Q4'24 ($345M USD), Q1'25 ($355M USD), Q4'25 ($433M USD), and Q4'26 ($781M USD), interspersed with dips such as Q2'24 ($83M USD) and Q2'25 ($70M USD), indicating seasonal or operational fluctuations but an overall upward trend toward higher cash inflows. Free cash flow followed a similar pattern, with consistent outperformance relative to operating cash flow in peak quarters due to controlled capital expenditures, underscoring Snowflake's improving financial health and capacity for reinvestment despite periodic declines in non-peak periods.