As of Q4'26 (2026-01-31), SNOW reported R&D Expenses of $511M and SG&A Expenses of $665M, marking the highest quarterly values in the observed period. Both categories have shown substantial growth, with R&D Expenses increasing by $18M and SG&A Expenses by $7M compared to the previous quarter. From Q1'24 (2023-04-30) to Q4'26 (2026-01-31), the chart reveals a consistent upward trend in both R&D and SG&A Expenses. R&D Expenses rose from $277M to $511M, while SG&A Expenses climbed from $410M to $665M, reflecting strong investment in both research and administrative functions. Notably, SG&A Expenses experienced a sharper increase beginning in Q1'26, peaking at $668M in Q1'26 before stabilizing slightly lower, indicating a period of accelerated operational spending.