Snowflake Inc asset turnover ratio, the ability of Snowflake Inc 's assets to generate revenue in the second quarter 2026, increased sequentially to 0.63 in the second quarter (Jul 31 2026), yet the ratio remained below the average, as SNOW's position remain challenging.

Within sector 93 more businesses have achieved higher asset turnover ratio. While ranking the asset turnover ratio, among all other companies, it is fair to say, that the company's position has deteriorated in the Second Quarter 2026 compared to the preceding quarter from 2080 to 2348.

Asset Turnover Ratio Definition

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SNOW Asset Turnover Ratio	(Jul 31 2026) II. Quarter	(Apr 30 2026) I. Quarter	(Jan 31 2026) IV. Quarter	(Oct 31 2025) III. Quarter	(Jul 31 2025) II. Quarter
Y / Y Asset Change	6.02 %	4.86 %	7.53 %	6.23 %	26.18 %
Y / Y Revenue Change	35.19 %	33.53 %	30.12 %	28.78 %	31.7 %
Asset Turnover Ratio (TTM)	0.63	0.59	0.56	0.53	0.5
SNOW's Total Ranking	# 2348	# 2080	# 2680	# 2664	# 2480
Seq. Asset Change	1.59 %	-6.33 %	10.96 %	0.41 %	0.48 %
Seq. Revenue Change	11.24 %	8.29 %	5.94 %	5.93 %	9.88 %

Asset Turnover Ratio Company Ranking
Within:	No.
Software & Programming Industry	# 94
Technology Sector	# 303
Overall Market	# 2348

Asset Turnover Ratio Statistics
High	Average	Low
20.94	8.31	0.36
(Mar 31 2017)		(Sep 30 2014)

SNOW Company Profile • Back to SNOW Efficiency Comparisons • Compare SNOW Asset Turnover Ratio to its Competitors

Companies with similar Asset Turnover Ratio for the quarter ending Jul 31 2026, within Technology Sector	Asset Turnover Ratio	Revenues for 12 Months ending Jul 31 2026	Assets at quarter ending Jul 31 2026
Arlo Technologies Inc	1.68	$ 586.644 Millions	$ 349.047 Millions
Nortech Systems Incorporated	1.65	$ 125.333 Millions	$ 75.840 Millions
Sanmina Corporation	1.64	$ 12,764.326 Millions	$ 7,781.292 Millions
Jabil Inc	1.63	$ 33,590.000 Millions	$ 20,566.500 Millions
Appfolio Inc	1.63	$ 1,040.883 Millions	$ 639.591 Millions
Semileds Corp	1.60	$ 25.932 Millions	$ 16.247 Millions
Destiny Media Technologies Inc	1.59	$ 4.409 Millions	$ 2.764 Millions
Marketwise Inc	1.57	$ 317.502 Millions	$ 201.957 Millions
Cargurus Inc	1.57	$ 942.016 Millions	$ 599.277 Millions
Domo Inc	1.55	$ 313.850 Millions	$ 202.169 Millions
Snail Inc	1.51	$ 84.961 Millions	$ 56.087 Millions
Manhattan Associates Inc	1.48	$ 1,126.193 Millions	$ 761.849 Millions
Ooma Inc	1.46	$ 305.211 Millions	$ 208.381 Millions
Carecloud Inc	1.43	$ 128.640 Millions	$ 89.685 Millions
Innodata inc	1.43	$ 317.164 Millions	$ 222.147 Millions
Fabrinet	1.40	$ 4,641.097 Millions	$ 3,315.036 Millions
Plexus Corp	1.38	$ 4,593.788 Millions	$ 3,317.197 Millions
Seagate Technology Holdings Plc	1.38	$ 12,195.000 Millions	$ 8,832.250 Millions
Science applications International corporation	1.37	$ 7,402.000 Millions	$ 5,384.500 Millions
Hp inc	1.37	$ 59,162.000 Millions	$ 43,043.750 Millions
Flex Ltd	1.37	$ 29,224.000 Millions	$ 21,296.250 Millions
Owlet Inc	1.36	$ 115.931 Millions	$ 85.206 Millions
Guerrilla RF, Inc.	1.35	$ 27.462 Millions	$ 20.271 Millions
Benchmark Electronics Inc	1.33	$ 2,818.269 Millions	$ 2,112.407 Millions
Bk Technologies Corp	1.32	$ 90.142 Millions	$ 68.270 Millions
Optex Systems Holdings Inc	1.32	$ 40.617 Millions	$ 30.863 Millions
Kimball Electronics Inc	1.31	$ 1,430.092 Millions	$ 1,087.901 Millions
Tigo Energy Inc	1.31	$ 111.245 Millions	$ 84.647 Millions
Peraso Inc	1.31	$ 8.374 Millions	$ 6.375 Millions
Gopro Inc	1.30	$ 569.048 Millions	$ 436.601 Millions

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