Snowflake (XSWX:SNOW) Tax Rate %: 0.37% (As of Apr. 2026)


XSWX:SNOW Snowflake Inc XSWX:SNOW
56 GF Score
Price CHF212.25
GF Value CHF220.57
Valuation Fairly Valued
! 4 Warning Signs
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What is Snowflake Tax Rate %?

Snowflake XSWX:SNOW 56 Tax Rate % is 0.37% as of Apr. 2026. GuruFocus rates XSWX:SNOW with a GF Score™ of 56/100 and a GF Value™ of CHF220.57 (Fairly Valued). The stock has 4 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Snowflake's Tax Expense for the three months ended in Apr. 2026 was CHF-1 Mil. Snowflake's Pre-Tax Income for the three months ended in Apr. 2026 was CHF-234 Mil. Therefore, Snowflake's Tax Rate % for the quarter that ended in Apr. 2026 was 0.37%.

Snowflake Tax Rate % Related Terms

Snowflake Tax Rate % Historical Data

* Premium members only.

The historical data trend for Snowflake's Tax Rate % 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 Tax Rate % Chart

Snowflake Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Tax Rate %
Get a 7-Day Free Trial -0.44 2.26 1.32 -0.32 -1.31

Snowflake Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Tax Rate % 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 -1.35 -0.02 -1.28 -2.53 0.37
XSWX:SNOW
56GF Score
Snowflake Inc XSWX:SNOW
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Snowflake Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Snowflake's Tax Rate % for the fiscal year that ended in Jan. 2026 is calculated as

Tax Rate %=Tax Expense (A: Jan. 2026 )/Pre-Tax Income (A: Jan. 2026 )
=13.518/-1035.622
=-1.31 %

Snowflake's Tax Rate % for the quarter that ended in Apr. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Apr. 2026 )/Pre-Tax Income (Q: Apr. 2026 )
=-0.858/-233.649
=0.37 %

* 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 Tax Rate % →
What does a Tax Rate % of 0.37% mean?
Snowflake (XSWX:SNOW) has a Tax Rate % of 0.37% as of Apr. 2026.
Is Snowflake's Tax Rate % too high?
Snowflake's current Tax Rate % is 0.37%. Overall, Snowflake has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Snowflake's Tax Rate % compare to DDOG and ADP?
Snowflake's Tax Rate % of 0.37% 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 Tax Rate % for a Software company?
A good Tax Rate % depends on the Software industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Snowflake's current Tax Rate % is 0.37%. 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 Fairly Valued. The stock's GF Value™ is CHF220.57, compared to a current price of CHF212.25 — trading 3.8% below its estimated fair value. The current Tax Rate % is 0.37%. Snowflake's overall GF Score™ is 56/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Snowflake (XSWX:SNOW), the current Tax Rate % is 0.37% 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 CHF212.25 is trading 3.8% below its estimated GF Value™ of CHF220.57. GuruFocus considers Snowflake to be Fairly Valued.

Key valuation signals for XSWX:SNOW:

  • Tax Rate %: 0.37%
  • GF Value™: CHF220.57 vs. price of CHF212.25 (3.8% below fair value)
  • GF Score™: 56/100 with 4 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

Get the complete analysis for XSWX:SNOW

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF212.25
Price
CHF220.57
GF Value