Snowflake (XSWX:SNOW) Research & Development: CHF1,612 Mil (TTM As of Apr. 2026)


XSWX:SNOW Snowflake Inc XSWX:SNOW
56 GF Score
Price CHF186.76
GF Value CHF222.89
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Snowflake Research & Development?

Snowflake XSWX:SNOW -0.11% 56 Research & Development is CHF1,612 Mil as of Apr. 2026. GuruFocus rates XSWX:SNOW with a GF Score™ of 56/100 and a GF Value™ of CHF222.89 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Snowflake's Research & Development for the three months ended in Apr. 2026 was CHF421 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Apr. 2026 was CHF1,612 Mil.

Snowflake  (XSWX:SNOW) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Snowflake Research & Development Related Terms

Snowflake Research & Development Historical Data

* Premium members only.

The historical data trend for Snowflake's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Snowflake Research & Development Chart

Snowflake Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Research & Development
Get a 7-Day Free Trial 429.16 728.24 1,106.48 1,622.16 1,554.70

Snowflake Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 393.84 393.06 393.99 403.41 421.32
XSWX:SNOW
56GF Score
Snowflake Inc XSWX:SNOW
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Snowflake Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF1,612 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of CHF1,612 Mil mean?
Snowflake (XSWX:SNOW) has a Research & Development of CHF1,612 Mil as of Apr. 2026. Research and development expense is the total cost for research and development activities. View historical data on Snowflake and its competitors.
Is Snowflake's Research & Development too high?
Snowflake's current Research & Development is CHF1,612 Mil. Overall, Snowflake has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Snowflake's Research & Development compare to ADP and DDOG?
Snowflake's Research & Development of CHF1,612 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Software company?
A good Research & Development depends on the Software industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Snowflake and its competitors. Snowflake's current Research & Development is CHF1,612 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Snowflake stock overvalued right now?
Based on GuruFocus' analysis, Snowflake (XSWX:SNOW) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF222.89, compared to a current price of CHF186.76 — trading 16.2% below its estimated fair value. The current Research & Development is CHF1,612 Mil. Snowflake's overall GF Score™ is 56/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Snowflake (XSWX:SNOW), the current Research & Development is CHF1,612 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Snowflake (XSWX:SNOW) Overvalued in 2026?

Based on GuruFocus' analysis, Snowflake stock appears to be undervalued. The current stock price of CHF186.76 is trading 16.2% below its estimated GF Value™ of CHF222.89. GuruFocus considers Snowflake to be Modestly Undervalued.

Key valuation signals for XSWX:SNOW:

  • Research & Development: CHF1,612 Mil
  • GF Value™: CHF222.89 vs. price of CHF186.76 (16.2% below fair value)
  • GF Score™: 56/100 with 3 warning signs

No single metric tells the full story. See the XSWX:SNOW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Snowflake Business Description

Address 135 Constitution Drive, Menlo Park, CA, USA, 94025
Founded in 2012, Snowflake is a fully managed platform that consolidates data hosted on different public clouds for centralized analytics and governance. Snowflake's cloud-native architecture allows users to independently scale the compute and storage layers, providing customers with optimized performance at lower costs. The company's data lake and data warehouse products support a variety of use cases, including business analytics, data engineering, and artificial intelligence. Snowflake is widely used by Fortune 2000 companies in financial services, media, and retail sectors.
56GF Score

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Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF186.76
Price
CHF222.89
GF Value