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SNOW Operating Expenses

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In the latest fiscal period Q1'27, Snowflake (SNOW) reported a total operating expense of $1.25B. This figure consists of $534.94M in R&D Expenses and $717.67M in SG&A Expenses, representing the highest expenditure level within the observed period. From Q2'24 to Q1'27, total operating expenses exhibit a consistent upward trend, driven by steady growth in both research and administrative functions. SG&A Expenses remain the dominant cost driver, notably jumping from $547.77M in Q4'25 to $668.14M in Q1'26, while R&D Expenses have scaled progressively from $314M to over $534M. Overall, the data reflects a period of aggressive investment, with total costs increasing by approximately 69% over the 12-quarter timeframe.