Financials · SNOW

Snowflake Inc. (SNOW) financials

For the twelve months ended Jul 31, 2026, Snowflake Inc. reported $5.43B of revenue and -$1.09B of net income.

Revenue, TTM
$5.43B
Revenue growth, YoY
+32.0%
Net income, TTM
-$1.09B
Net margin
-20.1%
Free cash flow, TTM
$1.20B
EPS, diluted, TTM
-$3.18
Cash
$1.71B
P/S
17.50
Market cap
$95.09B
Annual revenue$4.68B
FY2019FY2026
Annual net income-$1.33B
FY2019FY2026
Annual free cash flow$1.12B
FY2019FY2026

SNOW revenue and earnings growth

SNOW revenueQ2 2027$1.55B

Quarter YoY
+35.1%
QoQ
+11.2%
FY YoY
+29.2%
5Y CAGR
+51.2%

SNOW revenue was $1.55B in fiscal Q2 2027 (ended Jul 31, 2026), up 35.1% from a year earlier and up 11.2% from the prior quarter. For the full fiscal 2026 it was $4.68B, up 29.2% from fiscal 2025. Compound annual growth was +51.2% over 5 years. It rose in each of the last 7 fiscal years. Fiscal 2026 is the highest of the 8 fiscal years on file.

SNOW net incomeQ2 2027-$191.72M

SNOW net income was -$191.72M in fiscal Q2 2027 (ended Jul 31, 2026), compared with -$298.02M a year earlier. For the full fiscal 2026 it was -$1.33B, compared with -$1.29B in fiscal 2025.

SNOW EPSQ2 2027-$0.55

SNOW diluted EPS was -$0.55 in fiscal Q2 2027 (ended Jul 31, 2026), compared with -$0.89 a year earlier. For the full fiscal 2026 it was -$3.95, compared with -$3.86 in fiscal 2025.

SNOW free cash flowQ2 2027$83.80M

Quarter YoY
+43.9%
QoQ
-64.0%
FY YoY
+22.6%

SNOW free cash flow was $83.80M in fiscal Q2 2027 (ended Jul 31, 2026), up 43.9% from a year earlier and down 64.0% from the prior quarter. For the full fiscal 2026 it was $1.12B, up 22.6% from fiscal 2025. It rose in each of the last 4 fiscal years. Fiscal 2026 is the highest of the 8 fiscal years on file.

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Income statement

Income statement
Line item
Jan 31, 2026
Jan 31, 2025
Jan 31, 2024
Jan 31, 2023
Jan 31, 2022
Jan 31, 2021
Jan 31, 2020
Jan 31, 2019
Revenue$4.68B$3.63B$2.81B$2.07B$1.22B$592.05M$264.75M$96.67M
Cost of revenue$1.54B$1.21B$898.56M$717.54M$458.43M$242.59M$116.56M$51.75M
Gross profit$3.15B$2.41B$1.91B$1.35B$760.89M$349.46M$148.19M$44.91M
Research and development$1.97B$1.78B$1.29B$788.06M$466.93M$237.95M$105.16M$68.68M
Selling, general and admin$549.70M$412.26M$323.01M$295.82M$265.03M$176.13M$107.54M$36.05M
Operating income-$1.44B-$1.46B-$1.09B-$842.27M-$715.04M-$543.94M-$358.09M-$185.47M
Interest expense$8.30M$2.76M$0$0----
Pre-tax income-$1.31B-$1.29B-$849.22M-$815.99M-$676.96M-$537.04M-$347.54M-$177.21M
Income tax$17.13M$4.11M-$11.23M-$18.47M$2.99M$2.06M$993.0K$820.0K
Net income-$1.33B-$1.29B-$836.10M-$796.71M-$679.95M-$539.10M-$348.54M-$178.03M
EPS, basic-$3.95-$3.86-$2.55-$2.50-$2.26-$3.81-$7.77-$4.67
EPS, diluted-$3.95-$3.86-$2.55-$2.50-$2.26-$3.81-$7.77-$4.67
Diluted shares337.5M332.7M328.0M318.7M300.3M141.6M44.8M38.2M

Balance sheet

Balance sheet
Line item
Jan 31, 2026
Jan 31, 2025
Jan 31, 2024
Jan 31, 2023
Jan 31, 2022
Jan 31, 2021
Jan 31, 2020
Jan 31, 2019
Cash and equivalents$2.83B$2.70B$1.76B$956.73M$1.10B$835.19M$141.98M$122.57M
Receivables$1.30B$922.80M$926.90M$715.82M$545.63M$294.02M$179.46M-
Current assets$5.74B$5.87B$5.04B$4.98B$4.60B$4.30B$665.19M-
Goodwill$1.19B$1.06B$975.91M$657.37M$8.45M$8.45M$7.05M$0
Total assets$9.13B$9.03B$8.22B$7.72B$6.65B$5.92B$1.01B-
Current liabilities$4.42B$3.30B$2.73B$1.99B$1.40B$789.26M$416.45M-
Total liabilities$7.21B$6.03B$3.03B$2.25B$1.60B$985.27M$621.00M-
Shareholders' equity$1.92B$3.01B$5.19B$5.47B$5.05B$4.94B-$544.76M-$312.47M

Cash flow

Cash flow
Line item
Jan 31, 2026
Jan 31, 2025
Jan 31, 2024
Jan 31, 2023
Jan 31, 2022
Jan 31, 2021
Jan 31, 2020
Jan 31, 2019
Operating cash flow$1.22B$959.76M$848.12M$545.64M$110.18M-$45.42M-$176.56M-$143.98M
Capital expenditures$101.63M$46.28M$35.09M$25.13M$16.22M$35.04M$18.58M$2.06M
Free cash flow$1.12B$913.49M$813.04M$520.51M$93.96M-$80.45M-$195.14M-$146.04M
Investing cash flow$312.24M$190.65M$832.26M-$597.88M-$20.80M-$4.04B$138.50M-$362.64M
Financing cash flow-$1.39B-$226.52M-$854.10M-$92.62M$178.20M$4.78B$57.47M$413.60M
Share repurchases$873.54M$1.93B$591.73M$0$0$0$0$29.64M
Stock-based compensation$1.60B$1.48B$1.17B$861.53M$605.10M$301.44M$78.40M$22.41M
Depreciation and amortization$220.44M$182.51M$119.90M$63.53M$21.50M$9.83M$3.52M$1.36M

Key ratios

Key ratios
Line item
Jan 31, 2026
Jan 31, 2025
Jan 31, 2024
Jan 31, 2023
Jan 31, 2022
Jan 31, 2021
Jan 31, 2020
Jan 31, 2019
Revenue growth, YoY29.2%29.2%35.9%69.4%106.0%123.6%173.9%-
Gross margin67.2%66.5%68.0%65.3%62.4%59.0%56.0%46.5%
Operating margin-30.6%-40.2%-39.0%-40.8%-58.6%-91.9%-135.3%-191.9%
Net margin-28.4%-35.5%-29.8%-38.6%-55.8%-91.1%-131.6%-184.2%
Free cash flow margin23.9%25.2%29.0%25.2%7.7%-13.6%-73.7%-151.1%
Return on equity-69.2%-42.8%-16.1%-14.6%-13.5%-10.9%--
Return on assets-14.6%-14.2%-10.2%-10.3%-10.2%-9.1%-34.4%-
Current ratio1.301.781.852.503.295.451.60-

Source: XBRL data Snowflake Inc. files with the SEC, latest filing dated Sep 4, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

SNOW peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
SNOW$5.43B+32.0%-$1.09B-20.1%$95.09B
MSFT$346.44B+17.9%$142.63B41.2%$3.98T
PLTR$7.29B+87.1%$3.67B50.3%$373.45B
ORCL$71.78B+21.6%$18.92B26.4%$348.21B
SAP€36.80B+7.7%€7.16B19.5%$299.18B
CRWD$5.40B+24.3%$58.46M1.1%$222.40B
SHOP$14.17B+32.5%$2.13B15.0%$184.94B
CRM$43.94B+11.2%$9.66B22.0%$183.04B
NOW$15.43B+21.8%$1.45B9.4%$106.25B

SNOW FAQ

9 questions
  • What is SNOW revenue?
    Snowflake Inc. (SNOW) reported $5.43B of revenue for the twelve months ended Jul 31, 2026. That is up 32.0% from the year before. Revenue for fiscal 2026 was $4.68B.
  • Is SNOW profitable?
    No. Snowflake Inc. reported a net loss of $1.09B for the twelve months ended Jul 31, 2026.
  • How much cash and debt does SNOW have?
    Snowflake Inc. reported $1.71B in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is SNOW revenue growing?
    Snowflake Inc.'s revenue changed +29.2% in fiscal 2026, to $4.68B. Its compound annual growth rate was +51.2% over 5 years.
  • What is SNOW gross margin?
    Snowflake Inc.'s gross profit was $3.64B on $5.43B of revenue for the twelve months ended Jul 31, 2026, a gross margin of 67.0%.
  • What is SNOW free cash flow?
    Snowflake Inc. generated $1.20B of free cash flow for the twelve months ended Jul 31, 2026, which is operating cash flow of $1.25B less capital expenditures.
  • What is SNOW earnings per share?
    Diluted earnings per share were -$3.18 for the twelve months ended Jul 31, 2026, from SEC filings, restated for any stock split those filings show.
  • When did SNOW last report financial results?
    The latest statements here come from Snowflake Inc.'s 10-Q filed on Sep 4, 2026, covering the period ended Jul 31, 2026.
  • Where does this SNOW financial data come from?
    Quantisnow builds these statements from the structured XBRL data Snowflake Inc. files with the SEC. It is provided for information only and is not investment advice.