v3.26.1
Basis of Presentation and Summary of Significant Accounting Policies (Tables)
 3 Months Ended
Apr. 30, 2026
Accounting Policies [Abstract]  
Segment Reporting
The following table presents selected financial information with respect to the Company’s single operating segment (in thousands):

Three Months Ended April 30,
20262025
Revenue
$1,390,951 $1,042,074 
Cost of revenue and operating expenses:
Cost of product revenue(1)(2)
386,874 285,276 
Cost of professional services and other revenue(2)
77,626 63,510 
Sales and marketing(2)
588,952 458,554 
Research and development(2)
534,937 472,404 
General and administrative(2)
128,716 209,587 
Interest income(41,145)(53,163)
Interest expense2,080 2,071 
Other expense, net9,571 28,058 
Provision for (benefit from) income taxes(1,089)5,729 
Net loss$(295,571)$(429,952)
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(1)Third-party cloud infrastructure expenses incurred in connection with customers’ use of the Snowflake platform and the deployment and maintenance of the platform on public clouds, including different regional deployments, represented approximately 73% and 68% of cost of product revenue for the three months ended April 30, 2026 and 2025, respectively.
(2)Personnel-related expenses, excluding stock-based compensation and associated payroll taxes, represented approximately 37% and 34% of the Company’s total cost of revenue and operating expenses for the three months ended April 30, 2026 and 2025, respectively. These expenses consist primarily of salaries, benefits, bonuses, and sales commissions and draws paid to the Company’s sales force, including amortization of deferred commissions, and associated payroll taxes. They also include salaries, benefits, and bonuses allocated as part of overhead costs. See Note 12, “Equity,” for details regarding the Company’s stock-based compensation.
Summary of Long-lived Assets by Geographic Areas
The following table presents the Company’s long-lived assets, comprising property and equipment, net and operating lease right-of-use assets, by geographic area (in thousands):
April 30, 2026January 31, 2026
United States$393,194 $392,566 
Other(1)
128,876 130,942 
Total$522,070 $523,508 
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(1)No individual country outside of the United States accounted for more than 10% of the Company’s long-lived assets as of each of April 30, 2026 and January 31, 2026.